City Index

FX Brief:It was gaps galore at market open as tensions in the Middle East escalated over the weekend. The $36 move in gold, re-test of $64 resistance on WTI and gap lower on the S&P...

S&P 500 – At risk of shaping a multi-week corrective decline Key Levels (1 to 3 weeks) Intermediate resistance: 3250 Pivot (key resistance): 3280 Supports:...

Middle East tensions continued to flare over the weekend, resulting in some impressive gaps to further underscore the risk-off start to 2020.In response to the US airstrike which killed two senior...

As of Tuesday 24th December 2019: Large speculators reduced net-long exposure to USD by -$3.6 billion and currently stand net-long by $14.5 billion. GBP traders flipped to net-long...

A new decade, a new conflict. The post-holiday market daze was shattered Friday after the U.S. used a targeted airstrike to kill a top Iranian military leader, the head of the Iranian Revolutionary...

The energy sector trades the closest to its 52-week high, and we could expect oil stocks to remain supported and perhaps break to new highs following the US attack in the Middle East...

FX Brief: Markets erupted after news came to light the U.S. had orchestrated a targeted missile attack on top Iranian leaders at an Iraq airport. The attack has been confirmed by the...

Medium-term technical outlook on Nasdaq 100 (US Tech 100) Key Levels (1 to 3 weeks) Pivot (key resistance): 8940 Supports: 8550/500 & 8250/180 Next resistance:...

The FTSE is cautiously up this morning on the back of substantial optimism on global markets as the New Year begins. There is lots of strong market sentiment around the prospects of a US/China trade...

Just before Christmas we highlighted two potential patterns developing on AUD/USD. It didn’t take too long to confirm which one had the upper hand. Come boxing day AUD/USD closed to...

Assuming we don’t see a repeat of January 2019’s yen flash-crash, we’re looking for these pairs to extend their bullish trends. It was one year tomorrow that JPY pairs...

President Trump announced via Twitter on Tuesday that the U.S. and China will finally sign the elusive phase one trade deal on 15th of January. Taking place at the White House, high level...

After a brief respite over Christmas some of the key issues that have plagued the markets are coming back onto the agenda. While the China-U.S. trade talks seem to have made progress the European...

The FTSE and other European gauges started the day higher buoyed by record high closures on Wall Street on Boxing Day. The tech heavy Nasdaq breached the 9,000 level, helping bring up its total gain...

The FTSE is making small moves this morning but as expected for a pre-holiday session, the index is really lacking any conviction. BT Group (NYSE:BT) and NMC Health (OTC:NMHLY) are the outstanding...

With the Aussie closing above its 200-day MA for the first time in 21 months, does it pave the way for a strong start on January, or is it a red herring? It depends. The daily close above...