Market Overview

Originally published by CMC MarketsThe S&P/ASX 200 index has visited the support zone of its trading range on multiple occasions over the past 4 months. Each time a strong buying day has followed...

Originally published by CMC MarketsIt has been a big day for technical action with a number of big intraday reversals underway, particularly in commodities and currencies. Some of the more notable...

Originally published by IG MarketsWe close out September on a bit of drab note, with money managers expected to make minor changes to portfolios, amid sanguine leads from offshore markets and a...

Originally published by AxiTraderMarket SummaryStocks were in positive territory again overnight but the announcement effect of President Trump’s tax cuts faded on bond and forex traders as the...

Originally published by CMC MarketsRisk is back in favour judging by overnight market action. The US S&P 500 Index hit another all-time high. European bourses rallied, copper and oil added to...

Originally published by CMC Markets Asia Pacific IndicesThe S&P/ASX 200 continues to slide toward 5,640 where a breakdown would complete a bearish descending triangle that has been forming between...

Originally published by IG MarketsMonetary policy is the prevailing theme for the FX market this week, and the dollar continues to pull ahead. The US Dollar Index marked its first three-day advance...

Originally published by AxiTraderMarket SummaryThis is a big deal, folks. The overnight release of plans for major tax cuts to the corporate and personal tax rates, as well as an outline of a reduced...

Originally published by Guppytraders.comDespite world tensions the NYMEX oil chart has barely moved in recent weeks or months. Oil offers rally and retreat trading opportunities but there is no clear...

Originally published by CMC MarketsA pickup in the US dollar Tuesday has sparked selloffs in a number of other currencies. Gold has been knocked back under $1,300 while declines in Australian dollar...

Originally published by CMC MarketsThe S&P/ASX 200 index continues to languish nervously near the lower part of its recent trading range. Selling momentum in both major US tech stocks and iron...

Originally published by IG MarketsAfter a night where market participants have had to navigate through the rhetoric of various Fed speakers, the focus now falls again on US tax reform and...

Originally published by Rivkin SecuritiesIn a relatively quiet trading session the Dow Jones Industrial Average and S&P 500 both opened higher but faded throughout the session to close virtually...

Originally published by AxiTraderMarket SummaryUS stocks ended mixed but the US dollar was higher across most of the forex board after Fed chair Yellen noted inflation’s continued undershoot but...