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The FTSE Finish Line – July 10 – 2023 Starting The Week In The Green As Morgan Stanley Eyes UK Equities The FYSE is starting the week in the green up 0.5% according to Morgan Stanley, UK equities are currently considered unusually cheap compared to historical trends. The U.S. bank is optimistic about a potential […]

Bailey Notes BOE Flexibility GBP is starting the week under a  bit of pressure following comments from BOE governor Bailey yesterday. Speaking at a conference in France, Bailey noted that the BOE would not be shifting its 2% inflation target though did explain that the bank has some flexibility regarding timing and how quickly it […]

EURUSD, “Euro vs US Dollar” EURUSD quotes are above the 200-day Moving Average on H4, revealing a prevailing uptrend. The RSI is testing the support line. In this situation, the quotes are expected to rise above 4/8 (1.0986) and proceed to the resistance level of 5/8 (1.1074). The scenario can be cancelled by a downward […]

The BTC on Monday is hovering around USD 30,193. The flagship cryptocurrency suffered a weekly loss of 1.9%. This is not the first time that market participants are showing hesitation in making decisions and losing valuable time that could have been used for purchases. There is currently no support from the US stock market, but […]

Daily Technical Trade Setups #SP500 #Nasdaq & #JPM To access today’s actionable analysis click here! Source: Tickmill

Until the NFP release last Friday, the US fundamental backdrop was quite favorable for the dollar and equities. ADP reported around 500,000 new jobs, and the ISM services activity index comfortably exceeded expectations. The dollar index even managed to touch a three-week high at 103.50, while the S&P 500 remained near 4450 points. However, the […]