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US 30 index in bearish mode in very short-term MACD and stochastics indicate negative correction The US 30 cash index has lost its positive momentum after the pullback from the all-time high of 39,985.85, easing beneath the 50-day simple moving average (SMA). In the short-term, the market could retain the range-bound trading as the MACD is falling […]

The post US 30 Index Slides Below 50-day SMA appeared first on Action Forex.

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03/01/2024

US Data in Focus

In focus today Today’s centre of attention will be the US. At 16:00 CET, ISM manufacturing and JOLTs are released. Consensus points to a modest uptick in ISM, though some early indicators suggest a print below 50 and thus still contracting. In respect of the jobs report on Friday, JOLTs will be key to follow. […]
12/04/2024

US DJIA Technical: Major US Banks’ Q1 Earnings in Focus Over Adverse Macro Factors

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News of the Week (August 12— August 16): NZDUSD Market Review

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