dow jones

  1. syamfx2020

    Watch for a breakout: Dow Jones and Euro

    DowJones and EURUSD slightly rebounded from the weekly lows. Any break below these levels would open doors towards the new lows. Key technical levels to watch EURO: 1.1980/40 and 1.2080/1.21 DOW: 33700/300 and 34000/200
  2. syamfx2020

    Weekly Technical Analysis: Gold, Dow Jones, EURUSD and Dollar Index

    Global markets started this new week on a positive note supported by the faster vaccination, strong US macro-economic data and President Joe Biden’s multitrillion-dollar infrastructure proposal. The main attraction for this week Investors waiting for the minutes from the last FOMC meeting and...
  3. syamfx2020

    Will the Wall Street rally continue in Q2?

    The global stock market recorded a solid gain in the first quarter of 2021. The markets are finished in 2020 with a big bang having delivered one of the fastest recoveries in the history of the markets after the sell-off in March 2020. The US stock indices, Dow Jones and S&P 500 climbed to...
  4. syamfx2020

    Weekly Technical Analysis: Gold, Dow Jones, EURUSD and Dollar Index

    Global markets started this new week on a bearish note. US futures and Global stocks trading lower on Monday. For this week, the main drivers for the Financial markets remain the US dollar and bond yields movement, Fed Chair Jerome Powell’s testimony and the EU summit. GOLD On Monday, during...
  5. syamfx2020

    DAILY MARKET REPORT - Monday, March 15, 2021

    US stock futures climbed to fresh session highs on Monday. During the last week, the US indices touched a record high levels, the Dow gained nearly 4% while the S&P 500 and the NASDAQ both added more than 2%. EQUITIES Chinese shares traded lower on Monday despite better-than-expected retail...
  6. syamfx2020

    Dow Jones hits new record high: Is there more upside or will we see a correction?

    Dow Jones ended record high on Tuesday on hopes that US lawmakers will pass a $1.9 trillion COVID-19 relief aid this month and strong Q4 earnings results. The recent rally also supported by bullish comments from the Janet Yellen, the US treasury secretary, she said the US economy could return to...
  7. syamfx2020

    Markets cheer a Biden victory; What next?

    Stocks and oil prices cheered the official confirmation of Joe Biden’s victory which means a more generous stimulus package to be deployed as soon as possible. The recent rally also supported by more upbeat news on the coronavirus vaccine. Meanwhile, at first Donald Trump rejected the outcome of...
  8. syamfx2020

    Key technical levels to watch ahead of NFP report

    After heavy Wall Street correction on Thursday, today the Investors and traders will closely monitor the US non-farm payrolls report due later in the session. The market participants are anticipating a gain of 1.4 million jobs in August, the unemployment rate is expected to tick down to 9.8%...
  9. Forexminute Stock Market Report: U.S. Stocks Soar on Forecast of Further Stimulus

    U.SThere è stato un importante raduno di Wall Street ieri. I commercianti hanno deciso di prendere più rischi il Martedì, contribuendo scorte degli Stati Uniti si estendono una manifestazione che ha avuto inizio durante la metà settimana scorsa. I dati sulla fiducia dei consumatori tedeschi è...