Index and Commodities Trading week beginning 21 / 04 / 2025
- Featured Posts, Recent Posts, Technical Analysis, Technical Report, Trading E-Books
- April 20, 2025
Blog
Featured Posts
- Home
- Featured Posts
Index and Commodities Trading Week Beginning 02/12/2024
- December 1, 2024
XJO WEEKLY Price structure: Trend continuation. A shorter-range week but a new closing high as the market focuses on the Geo political events. The current 5% range of movement from the 8083-support level to last week’s high point is consistent with historical observations before consolidation takes place. The key Weekly level to hold this week
READ MOREIndex and Commodities Trading Week Beginning 25/11/2024
- November 24, 2024
XJO WEEKLY Price structure: New fake out. The XJO continues to trend higher, last week the final closing price remained above the 8385 level set during the second week of October, this is an important observation showing the buying will to hold into new all time highs. The new extended price target is 8687 points. Although
READ MOREIndex and Commodities Trading Week Beginning 18/11/2024
- November 17, 2024
XJO WEEKLY Price structure: Bullish Pivot holds. An inside week with a high close has kept the Index over the key 8083 level. Key observations in this developing consolidation area are that the Pivot reversal bar set 2 weeks ago remains the largest range bar as the low was tested last week where buyers lifted the
READ MOREIndex and Commodities Trading Week Beginning 11/11/2024
- November 10, 2024
XJO WEEKLY Price structure: Bullish Pivot. Last week’s commentary centred around the retest of the 8083 level with the potential to decline further. The US election was now in favour of potential strong economic growth. Indices have responded in a positive way. The XJO shows a completed Pivot reversal bar closing at an all-time high
READ MOREIndex and Commodities Trading Week Beginning 04/11/2024
- November 3, 2024
XJO WEEKLY Price structure: Testing support. Last week the Index continued lower following the Fake out high 3 weeks ago, setting the market lower 2 weeks ago. It is important to notice the Weekly close remains above the key 8083 point support/resistance level set on the 17th of July. The short spike below this level has
READ MOREIndex and Commodities Trading Week Beginning 28/10/2024
- October 27, 2024
XJO WEEKLY Price structure: High price Rejection. The weekly close remains above the 8083 level. The range has set a lower high and lower low. A key observation is the Index has not made a retracement of over 10% since Q3 2023. November remains a historically volatile month for markets. A close below the 8083
READ MOREIndex and Commodities Trading Week Beginning 21/10/2024
- October 20, 2024
XJO WEEKLY Price structure: Rejection of high prices. Within the past 14 Weekly bars the Index has first tested the 8083 level as resistance and more recently this same level as support. Three weeks ago, an Outside range (OPd) had developed with the market moving on to set the new all-time closing price high last week.
READ MORE
Week Ahead: What Are the Financial Markets Watching This Week
- October 13, 2024
The Week That Was: RBNZ Slashed Rates by 50bps The week kicked off with the Reserve Bank of New Zealand (RBNZ) reducing its Official Cash Rate (OCR) by 50 basis points (bps) to 4.75%, a move that was widely expected and marked the central bank’s second consecutive rate cut this year. The RBNZ signalled that
READ MOREIndex and Commodities Trading Week Beginning 14/10/2024
- October 13, 2024
XJO WEEKLY Price structure: Inside range. The Index continues to consolidate above the important 8083 support level, with last week’s Inside period up close (IPu). The Index continues to develop a Bullish ledge with the potential to move towards 8500 points in line with the current Primary UP trend. Although the Index is heavily weighted
READ MOREIndex and Commodities Trading Week Beginning 07/10/2024
- October 6, 2024
XJO WEEKLY Price structure: Outside range. Investor sentiment weakening as war remains in the headlines. The XJO Index has remained resilient to hold above the 8083 point level on the close of the week. The outside range (OPd) has continued to develop the consolidation above this critical level. Throughout the 2024 period numerous OPd’s have
READ MOREIndex and Commodities Trading Week Beginning 30/09/2024
- September 29, 2024
XJO WEEKLY Price structure: Inside range. With the Index heavily weighted with Banks and large resource companies, the rotation from banks to resources last week went largely unnoticed within the Index value. The retest low towards the 8083 level with the high close in the range remains bullish for further gains in the short term (1
READ MOREIndex and Commodities Trading Week Beginning 23/09/2024
- September 22, 2024
XJO WEEKLY Price structure: Strong Bullish range. The FO Fake Out is where the price moves past a previous high point, the closing price position is the key observation, in this case the closing price 8209.0 points is above the previous FO high of 8148.0 points, this remains a Bullish setup for further gains. This
READ MORE
Latest Posts
Start
Trading
in Minutes
Trading
in Minutes
Open an account now
Access +10,000 financial
instruments Auto open & close positions News & economic calendar Technical indicator & charts Many more tools included
By supplying your email you agree to FP Markets privacy policy and receive future marketing materials from FP Markets. You can unsubscribe at any time.
