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Category: Forex

Pound/Dollar Slips Below $1.60 Amid Deal Rumours from Washington

October 10, 2013 admin Commodities, Forex, Shares, Stock Market
Trading Update 09-Oct-13, 9:24am: The Dow Jones (US 30) is seeing a little support but there was a very bearish candle yesterday.The Nikkei 225 chart is showing some good resistance. It’s also interesting to note Continue reading »

US Political Bickering Continues to Weigh on the FTSE 100 Index

October 8, 2013 admin Commodities, Forex, Shares, Stock Market
Trading Update 08-Oct-13, 9:25am: As it starts to look like the US budget and debt ceiling will be dealt with together closer to 17 October, stocks are lower and gold is rebounding.This trading video also Continue reading »

Gold Traders Buy Gold at Support Despite US Political Uncertainty

October 7, 2013 admin Commodities, Forex, Shares, Stock Market
Trading Update 07-Oct-13, 8:45am: European markets are trading lower this morning on disappointment that the US deadlock continues and signs that Boehner is pulling back from a more compromising attitude. Update by Ishaq Siddiqi, Market Continue reading »

American Stocks Open Firmly Lower as Shutdown Delays NFP Report

October 4, 2013 admin Commodities, Forex, Shares, Stock Market
Trading Update 03-Oct-13, 1:19pm: The Italian stock market and gold are performing well after Italian PM Letta won a crucial confidence vote and the US debt ceiling deadline continues to move closer. Update by Alastair Continue reading »

US Stock Markets Rally Despite Shutdown as Data Improves

October 1, 2013 admin Commodities, Forex, Shares, Stock Market
Trading Update 01-Oct-13, 9:31am: US Dollar Looking FragileThere’s some pressure on the Dow but it’s still holding.Whilst the FTSE 100 is also feeling the pressure it’s the US dollar that is looking most fragile.GBP/USD has Continue reading »

FTSE 100 Index Slumps as US Heads for Government Shutdown

September 30, 2013 admin Commodities, Forex, Shares, Stock Market
Trading Update 30-Sep-13, 9:08am: Potential BloodbathThe US 30 has gapped lower was we have a lot of less signals. The UK 100 and Nikkei 225 have also gapped lower.Crude oil has also gapped lower through Continue reading »

Sterling Jumps as Carney Does Not Support Calls for Further QE

September 27, 2013 admin Commodities, Forex, Shares, Stock Market
Trading Update 27-Sep-13, 6:30am: Ladbrokes have dropped 7.6% to 173.8p after issuing its third profit warning of the year. Update by Jenna Cutly, Editor, 27-Sep-13, 6:30am: Playtech shares are off 3% and down to 721p. Continue reading »

The Dow is Facing Negative Pressure, Facebook Results, IPOs and Greymarkets

September 26, 2013 admin Commodities, Forex, Shares, Stock Market
Trading Update 26-Sep-13, 7:50am: The Dow is facing a lot of negative pressure after 5 consecutive declines and a range of technical indicators turning bearish.This morning’s technical analysis video also looks at the outlook for Continue reading »

The RSI Suggests the Dow Jones is Overbought

September 25, 2013 admin Commodities, Forex, Shares, Stock Market
Trading Update 25-Sep-13, 9:21am: Europe is seeing a weak start this morning after the S&P 500 closed lower for the fourth consecutive session.Market sentiment remains weak on the Fed’s reluctance to taper ahead of debt Continue reading »

Mixed German IFO Data Drags Stock Market Indices Lower

September 24, 2013 admin Commodities, Forex, Shares, Stock Market
Trading Update 24-Sep-13, 9:07am: European stocks are trading slightly higher, gold and crude oil are easing whilst the US dollar is looking firmer.Here is this morning’s update: Update by Ishaq Siddiqi, Market Analyst, 24-Sep-13, 9:37am: Continue reading »

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