Friday brings a continuation of market euphoria that spreads to the European markets as well. DE30 is flirting with all-time high and other markets are finally catching up as well. One of those markets is SPA35 that remained well behind but is now surging to the highest level since August 2018. Technical traders can notice two bullish formations – double bottom and reverse head and shoulders.
Wall Street starts the new week with mixed sentiment in reaction to macroeconomic data and comments from Jerome Powell, which support the Fed’s...
17:15USDIDX is approaching 100-period EMA (dark purple) on M30 interval after the US Senate narrowly passed Donald Trump’s “big, beautiful bill,”...
16:15Wall Street is going back to cautious as strong labour market data and status-quo-reaffirming remarks from Fed’s Chair Jerome Powell push back the...
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