Related Posts

Market Daily Outlook – US stocks, New Highs

US stocks have verified the V formation and performed even better than expected. August was the best month over 30 years as SP500 is gaining over 7% and NAS100 rising 9%. Worth mentioning that US30 will have major changes today as Salesforce, Amgen, and Honeywell will replace Exxon Mobil, Pfizer, and Raytheon Technologies, as well […]

Euro off highs, but still above 1.39 level…

  Good Morning,   – Euro off highs, but still above 1.39 level, ahead of ECB meeting and Draghi press conference. – Asian shares: Japan’s Nikkei 0.93%, Hong Kong’s Hang Seng 0.16% (07:15 GMT), Korea’s Kospi 0.55%, Australia’s ASX 200 0.68% and China’s Shanghai 0.26% – The European Central Bank is expected to take heart […]

EURUSD reached the Fibonacci extension’s target!

Following up yesterday’s post, the pair finally confirmed the bullish bias and exceeded intraday triangle’s target (1.145), as we noted, while it reached Fibonacci extension’s target (200%) as well.  The next upside target is the Fibo’s extension 261.8% at 1.177 but before, the price has to violate the major swing high in May (1.161). This […]