Indices / Page 60

Stocks breathe a sigh of relief as risks ease – Index News

Posted on April 13, 2018 at 1:31 pm GMT

Equity markets managed to regain their footing this week, as major concerns regarding protectionism and geopolitics appeared to be easing. While more waves of risk aversion are not to be ruled out over the coming weeks, given that many hazards still loom, the broader picture on both the trade and the geopolitical fronts seems to be gradually improving. Major stock indices managed to claw back some of their recent losses over the past week, as anxieties surrounding protectionism, geopolitics, and [..]

Technical Analysis – UK 100 index is stuck below 50.0% Fibonacci level following bullish rally from 6760

Posted on April 13, 2018 at 11:43 am GMT

UK 100 index has reversed back up again after finding support at the 16-month low of 6760. The index is on track to record a third green week, however, looking at the 4-hour chart, the price is stuck below the 50.0% Fibonacci retracement level of the downleg from 7806 to 6760. The technical picture supports that the range bound is likely to continue in the short-term. Technically, the momentum indicators are holding in the positive territory with weak momentum. The RSI indicator is [..]

Technical Analysis – GER 30 index crosses above 50-day MA to record 4-week high, challenges Ichimoku cloud bottom

Posted on April 10, 2018 at 10:29 am GMT

The Germany 30 index has advanced considerably after hitting a two-month low of 11,703.80 on March 26 and coming close to the more than one-year trough of 11,691.60 recorded in early February. Earlier on Tuesday, the index posted a near four-week high of 12,428.30. In terms of the short-term picture, the Tenkan-sen line has just crossed above the Kijun-sen, this being a positive alignment that supports a bullish bias. The RSI lends credence to this view: the indicator continues to [..]

Technical Analysis – CHI50 stock index heads higher but bears still sneaking around

Posted on April 10, 2018 at 8:25 am GMT

The China A50 stock index (CHI50) did little to gain ground after it hit a 5 ½-month low of 12,269 at the end of March, with the index posting moderate moves since then to create a base around that trough. The market is currently trying to surpass its 200-day simple moving average and the technical indicators are somewhat supportive but positive signals are too weak to paint a bullish picture. The RSI is slowly moving to the upside and the MACD is increasing positive [..]

Technical Analysis – US 500 index daily close below 200-SMA indicates bearish momentum

Posted on April 3, 2018 at 12:52 pm GMT

The US 500 index had a rough bearish ride over Monday’s trading session, as the index extended its losses and ended the day below the significant 200-day simple moving average (SMA). The bullish picture in the medium-term seems to weaken as there are some signs of a bearish correction. The technical structure supports that the downward retracement is likely to continue in the short-term. Looking at momentum indicators, in the daily timeframe, the RSI indicator is lacking direction below the 50 level, while the MACD [..]

With stock turmoil in full swing, moving averages are acting as “lines in the sand” – Index News

Posted on March 30, 2018 at 2:10 pm GMT

Price action in stock markets is increasingly becoming a by-product of unpredictable headlines around protectionism and other issues. In such an environment, besides news, technical indicators like moving averages are worth watching very closely, as they could be especially useful in helping to determine whether more declines, or a rebound are in store. The past weeks have seen choppy and indecisive trading in equity markets, to say the least. While investors have been trying to digest a flurry of trade-related [..]

Technical Analysis – US 30 index finds support near trendline and 200-day SMA

Posted on March 28, 2018 at 1:21 pm GMT

The US 30 index has come under renewed selling pressure, falling back below its 100-day moving average (MA), but remaining slightly above the 200-day MA. Despite the latest pullback though, the index has not posted a fresh lower low, which makes one hesitant to trust further declines for now. Moreover, the price rebounded after it found support near the uptrend line taken from the lows of May 2017, enhancing the argument that the picture may not be entirely negative at [..]

Technical Analysis – GER 30 recovers from 7-week low to exceed 12,000 mark; bullish signal by stochastics in very short-term

Posted on March 27, 2018 at 12:21 pm GMT

The Germany 30 index has rebounded after hitting a seven-week low of 11,703.80 during Monday’s trading. The index ended up gaining 1.0% during yesterday’s trading, while on Tuesday – at the time of writing – it is up by around 0.8%. The Tenkan-sen line remains below the Kijun-sen line in support of a negative short-term bias, though the Kijun-sen has flatlined, an indication that downside short-term momentum is running out of steam. Moreover, the stochastics are giving a bullish signal [..]

Technical Analysis – Japan 225 stock index slides to 5-month lows; bearish bias in place

Posted on March 23, 2018 at 3:42 pm GMT

The Japan 225 stock index had a rough ride in recent days, extending negative momentum towards a five-month low of 20,507 during today’s Asian session. While the index’s range-bound trading started in early February remains very much in place, technical indicators point to further downside movements in the short-term, but such moves may soon lose steam given that the indicators are not far away from oversold levels. The RSI continues to fluctuate in bearish territory below 50 and is currently moving downwards towards oversold levels, [..]

Technical Analysis – UK 100 index hits 6-week low, eyes 7,000 handle; medium-term outlook looks bearish

Posted on March 21, 2018 at 1:36 pm GMT

The UK 100 index has fallen by 4.3% after recording a one-and-a-half-month high of 7,341.00 on February 26; if the all-time high of 7,806.05 is used as a reference point, then the loss amounts to a whopping 10.0%. Earlier on Wednesday, the index hit a six-week low of 7014.10, while it is currently trading not far above this trough. The short-term bias is looking bearish as indicated by the negatively aligned Tenkan- and Kijun-sen lines. Support for the index could [..]

Legal disclaimer: The material does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instruments. XM accepts no responsibility for any use that may be made of these comments and for any consequences resulting in it. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. The research and analysis does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it.

It has not been prepared in accordance with legal requirements designed to promote the independence of research, and as such it is considered to be marketing communication. Although we are not specifically constrained from dealing ahead of the publication of our research, we do not seek to take advantage of it before we provide it to our clients. We aim to establish, maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. We operate a policy of independence, which requires our employees to act in our clients’ best interests and to disregard any conflicts of interest in providing our services.

CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losing all of your invested capital, so please make sure that you fully understand the risks involved.

Indices

XM Live Chat