DAX Technical Outlook Leading Up to ECB

What’s inside: DAX trying to capture June trend-line, but struggling to do so On a move higher ~12300 will become a big focal point ECB tomorrow, how the euro reacts will be important New to Trading? Check out this beginner’s guide – Building Confidence in Trading The DAX is struggling to make any headway, as […]

Technical Outlook: US Dollar at a Tradable Low?

Enjoy the video? Join Paul Tuesday-Friday each week – for details, see the Webinar Calendar. The primary focus in today’s discussion was on the reversal-day the US Dollar Index (DXY) put in at the bottom of long-term support. The trend has been extremely one-sided and various sentiment metrics have expressed this much. The data-flow hasn’t […]

Trading Outlook Ahead of FOMC: US Dollar, Cross-rates, Gold Price & More

Join Paul Tuesday-Friday for webinars each week, for details please see the Webinar Calendar. Today, we took a look at markets ahead of the FOMC announcement. Expectations are for another 25-bps hike, where the ‘surprise’ element could come into play is in regards to future signaling for the remainder of the year. For live coverage […]

DAX-Technical-Outlook-Bullishly-Quiet-PRtech_body_dax

DAX Technical Outlook: Bullishly Quiet

What’s inside: DAX quiet after Monday’s French election-induced explosion Support not far below in the form of prior highs, trend-line Resistance in form of top-side t-lines to watch on next push higher See our Forecastand Trading Guides for trade ideas and educational material. Since the big gap-and-rip on Monday, European markets have been calm, with […]

SP-500-Trading-Outlook-Is-the-Decline-Over-PRtech_body_spx

S&P 500 Trading Outlook – Is the Decline Over?

What’s inside: S&P 500 rallies sharply after big Monday gap-down Trading up against resistance zone Hourly chart in focus New to the markets, or simply looking for trader education? See our Trading Guides. In Monday’s piece, we had this to say about the gap-down open: “As long as we don’t see a ‘gap-n-trap’ buy situation […]