INDICES MARKET OUTLOOK – 26 JULY 2021

The Corona Virus Delta variant has brought fear to the equity markets for the last two weeks but that seems to be fading away once again as we saw the “Buy The Dip” mentality kick in last week with the equity market closing at new all time highs. NASDAQ and the Dow Jones closed +2.88%Continue reading “INDICES MARKET OUTLOOK – 26 JULY 2021”

INDICES MARKET OUTLOOK – 19 JULY 2021

The Dow Jones, NASDAQ and S&P500 all closed the week out negatively at -0.58%, -0.97% and -0.99% respectively. With Jerome Powell and Inflation talk taking the spotlight last week, investors will be eyeing financial statements as earnings season is once again upon us. Last week saw a lot of risk events with Jerome Powell’s speechContinue reading “INDICES MARKET OUTLOOK – 19 JULY 2021”

INDICES MARKET OUTLOOK – 12 JULY 2021

The Dow Jones, NASDAQ and S&P500 closed the week out at +0.3%, +0.76% and +1.13% respectively. Delta variant or Summer Doldrums? Investors are anticipating a strong earnings season on the back of positive recent economic data releases. This in turn boosted market sentiment which sent the US 10 Year Treasury Yields lower last week. YieldsContinue reading “INDICES MARKET OUTLOOK – 12 JULY 2021”

INDICES OUTLOOK – 5 JULY 2021

The tech-heavy NASDAQ and Dow Jones closed out last week at +2.57% and +0.75% respectively. Could the rotation from value stocks back into technology be on the cards again? Traders were waiting in anticipation for Non-Farm Payrolls data last week Friday where we saw the actual beating out the forecasted 700k which strengthened the prospectsContinue reading “INDICES OUTLOOK – 5 JULY 2021”

INDICES MARKET OUTLOOK – 28 JUNE 2021

The US indices market enjoyed quite a green week as the they recovered following the Fed’s Interest Rate Decision on the 16th of June. The Dow Jones, NASDAQ and S&P closed +3.44%, +2.35% and +2.74% respectively. Last week’s theme was mainly the results of the Core PCE (The Fed’s preferable measure of inflation) which cameContinue reading “INDICES MARKET OUTLOOK – 28 JUNE 2021”

INDICES MARKET OUTLOOK – 21 JUNE 2021

The Dow Jones, NASDAQ and S&P500 closed the week at -3.45%, +0.37% and -1.91% respectively, as we saw a large influx of volatility due to the Fed bringing forward their interest rate hike projections. Last week Wednesday brought traders the US Interest Rate Decision in which the Fed laid out their plan of two rateContinue reading “INDICES MARKET OUTLOOK – 21 JUNE 2021”

INDICES MARKET OUTLOOK – 14 JUNE 2021

If you were away from your trading station last week, you did not miss much as we saw last week provide some of the tightest trading ranges in the market post-pandemic with the Dow Jones, Nasdaq and S&P500 closing -1%, +1.6% and +0.34% respectively for the week. Last week also saw the US 10 YearContinue reading “INDICES MARKET OUTLOOK – 14 JUNE 2021”

USD/JPY – UPSIDE CALLED BY ASPIREFX

In today’s article we are going to be covering USD/JPY and the long position taken by us and our students here at AspireFX.  As you can see in the above picture, we have highlighted this weeks price action. This is to give you a clear understanding of the price action we had available to usContinue reading “USD/JPY – UPSIDE CALLED BY ASPIREFX”

USD/CAD – Reversals On Route ?

Backtracking to our “Oil Super Cycle In Motion” article published on the 10th of March, we have seen major movements in the Dollar as well as some price action to cover on Oil. Looking to the left, we have USD/CAD where price was consolidated within a daily range as we awaited further downside and toContinue reading “USD/CAD – Reversals On Route ?”

INDICES MARKET OUTLOOK – 24 MAY 2021

The US equities market enjoyed a slight rebound last week on the back of positive economic data pointing towards a recovery within the US economy. Investors will keep an eye on this week’s fundamental docket as inflation continues to weigh on market sentiment.  Friday saw The flash Markit US Composite PMI Index coming in atContinue reading “INDICES MARKET OUTLOOK – 24 MAY 2021”