Tag: stalls

S&P backs off of its high levels.Rally stalls ahead of its falling 200 hour moving average

The S&P index moved above its 100 hour moving average yesterday. That moving average (blue line in the chart above) comes in at 3666.77. The index moved above the moving average in the...

GBP/USD Rally Stalls as Kwarteng Resigns and PM U-Turns

GBP Key Points:Kwasi Kwarteng Resigns, Jeremy Hunt Named New Chancellor of the Exchequer.Prime Minister Truss Confirmed the Corporate Tax Rate Will Increase to 25%.Political Implications and the Way Forward. Recommended by ...

US Dollar Stalls Ahead of CPI as Markets Brace for US Inflation Data

US Dollar, DXY, Market Sentiment, USD/JPY, Technical Outlook– Talking PointsAsia-Pacific markets look ready for a mixed trading sessionUS Dollar strength moderated as traders prepare for US CPIDXY Index stalls as trendline resistance tempers...

S&P 500 Rally Stalls and Dollar Stems the Bleeding, Now for Fundamentals

S&P 500, Credit Suisse, Dollar, USDJPY, ISM and NFPs Talking Points:The Market Perspective: USDJPY Bearish Below 141.50; Gold Bearish Below 1,680Wednesday’s New York session opened to a hefty gap lower for the S&P...

AUD/USD Stalls at 50-day SMA as APAC Markets Weigh Growth Concerns

Australian Dollar, AUD/USD, Earnings, Crude Oil, Technical Outlook - TALKING POINTSAsia-Pacific traders face a light economic calendar ahead of a busy week Crude oil prices rose as supply concerns outweigh economic growth woesAUD/USD...

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