WeTrade Global
Trading Central--MORNING MARKET UPDATE
Market Wrap: Stocks, Bonds, Commodities. On Tuesday, major U.S. stock indexes were little changed. The Dow Jones Industrial Average rose 63 points (+0.17%) to 37,798, snapping a six-day losing streak. The S&P 500 declined 10 points (-0.21%) to 5,051, while the Nasdaq 100 added 6 points (+0.04%)
Trading Central--MORNING MARKET UPDATE
Market Wrap: Stocks, Bonds, Commodities. On Wednesday, U.S. stocks charged higher, pushing the three major indexes to record closes again. The Dow Jones Industrial Average rose 156 points (+0.40%) to 38,677, the S&P 500 climbed 40 points (+0.82%) to 4,995, and the Nasdaq 100 was up 182 points (+
Trading Central--NOON MARKET UPDATE
GBP/USD Intraday:key resistance at 1.2735. Pivot: 1.2735 Our preference: Short positions below 1.2735 with targets at 1.2680 & 1.2660 in extension. Alternative scenario: Above 1.2735 look for further upside with 1.2755 & 1.2775 as targets. Comment: As long as the resistance at 1.2735 is not
Trading Central--MORNING MARKET UPDATE
Market Wrap: Stocks, Bonds, Commodities. On Thursday, all the three major U.S. stock indexes closed at record levels again, with the Dow Jones Industrial Average rising 242 points (+0.64%) to 38,049, the S&P 500 up 25 points (+0.53%) to 4,894, and the Nasdaq 100 up 17 points (+0.10%) to 17,516.
Trading Central--NOON MARKET UPDATE
GBP/USD Intraday:the upside prevails. Pivot: 1.2680 Our preference: Long positions above 1.2680 with targets at 1.2735 & 1.2750 in extension. Alternative scenario: Below 1.2680 look for further downside with 1.2660 & 1.2645 as targets. Comment: The RSI is bullish and calls for further upside
Trading Central--MORNING MARKET UPDATE
Market Wrap: Stocks, Bonds, Commodities. On Friday, all the three major U.S. stock indexes marked record-high closes, with the Dow Jones Industrial Average rising 395 points (+1.05%) to 37,863, the S&P 500 up 58 points (+1.23%) to 4,839, the Nasdaq 100 up 331 points (+1.95%) to 17,314. Semicondu
Trading Central--NOON MARKET UPDATE
GBP/USD Intraday:the upside prevails. Pivot: 1.2670 Our preference: Long positions above 1.2670 with targets at 1.2725 & 1.2750 in extension. Alternative scenario: Below 1.2670 look for further downside with 1.2650 & 1.2635 as targets. Comment: Technically the RSI is above its neutrality are
Trading Central--MORNING MARKET UPDATE
Market Wrap: Stocks, Bonds, Commodities. On Thursday, U.S. stocks rebounded, lifting the Nasdaq 100 (up 246 points or 1.47%) to a record close of 16,982. The S&P 500 rose 41 points (+0.88%) to 4,780, not far away from its record close of 4,796 seen in January 2022. The Dow Jones Industrial Avera
Trading Central--NOON MARKET UPDATE
GBP/USD Intraday:bullish bias above 1.2655. Pivot: 1.2655 Our preference: Long positions above 1.2655 with targets at 1.2715 & 1.2735 in extension. Alternative scenario: Below 1.2655 look for further downside with 1.2635 & 1.2615 as targets. Comment: Technically the RSI is above its neutrali
Trading Central--MORNING MARKET UPDATE
Market Wrap: Stocks, Bonds, Commodities. On Wednesday, U.S. stocks remained under pressure as Treasury yields rebounded further. The Dow Jones Industrial Average fell 94 points (-0.25%) to 37,266, the S&P 500 dropped 26 points (-0.56%) to 4,739, and the Nasdaq 100 was down 94 points (-0.56%) to
He liked
Pull-up Update