Market Forecast 12/10/2017

The DAX 30 index remains elevated above the 12,900 support and the SPX 500 Index remains buy on dips near the 2,545 level. DAX 30 Index Forecast – Break above 13,000 Possible? Key Points: The DAX 30 index managed to move above the 12,900 resistance level, which is a positive sign. There is a short-term… Continue reading Market Forecast 12/10/2017

Market Forecast 11/10/2017

The AUDUSD pair recovering from the 0.7730-40 support and eyeing more gains. Gold is placed well above $1285 for a move towards $1300.   AUDUSD – Aussie Dollar Set to Rise Further Key Points The Aussie Dollar after a steep decline found support just above 0.7740 against the US Dollar. There is an ascending channel… Continue reading Market Forecast 11/10/2017

5 of the biggest banks are publishing their earnings this week: What will the cards reveal?

If you ask any Investor/Trader what is the busiest period of the year for him, you will probably get the same answer – Earnings Season. Each quarter starts with the companies’ earnings results of the previous quarter. Put it simply – all of the biggest companies in the market report their profits and losses during… Continue reading 5 of the biggest banks are publishing their earnings this week: What will the cards reveal?