US Inflation Stalls in September
- Daily Analysis, Fundamental Analysis, Recent Posts, Trending Now
- October 10, 2024
US Dollar Index: Mid-week movement witnessed the US dollar index, commonly referred to as the ‘DXY’, carve out a bottom a few points ahead of demand at 98.18/98.65 and finish the week 0.24% in the green. Technicians will also note the 200-day simple moving average (SMA) at 98.21 interacting with the underside of the aforementioned
READ MOREOPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open down 3 points.
READ MOREEUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) March, evident from the monthly chart, left behind a long-legged doji indecision candle, with its extremes crossing paths with heavyweight demand-turned supply at 1.1857/1.1352 and demand at 1.0488/1.0912. The technical foundation has April rangebound between the
READ MOREOPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open down 3 points.
READ MOREEUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) March, evident from the monthly chart, left behind a long-legged doji indecision candle, with its extremes crossing paths with heavyweight demand-turned supply at 1.1857/1.1352 and demand at 1.0488/1.0912. The technical foundation has April rangebound between the
READ MOREOPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open down 3 points.
READ MOREEUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) March, evident from the monthly chart, left behind a long-legged doji indecision candle, with its extremes crossing paths with heavyweight demand-turned supply at 1.1857/1.1352 and demand at 1.0488/1.0912. The technical foundation has April rangebound between the
READ MOREEUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) March, evident from the monthly chart, left behind a long-legged doji indecision candle, with its extremes crossing paths with heavyweight demand-turned supply at 1.1857/1.1352 and demand at 1.0488/1.0912. The technical foundation has April rangebound between the
READ MOREOPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open down 3 points.
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MOREUS Dollar Index: Despite a recent v-shaped recovery out of demand at 98.18/98.65, the US dollar index, a leading benchmark measuring the value of the greenback relative to a basket of 6 major world currencies, folded over last week. Topping a few points south of supply at 101.79/101.00, price finished 1.19% in the red. Technically
READ MOREEUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited though serves as guidance to potential longer-term moves) March, evident from the monthly chart, left behind a long-legged doji indecision candle, with its extremes crossing paths with heavyweight demand-turned supply at 1.1857/1.1352 and demand at 1.0488/1.0912. In the early stages of April, the technical
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