The XJO is expected to edge lower on open this morning following a muted night of trading in the U.S which saw their market retake intraday losses to finish marginally higher. Yesterday we tried to retake some of the losses from earlier in the week, but didn’t have the conviction to move away from the
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The XJO is expected to open higher today following a strong night in the U.S on the back of softer than expected CPI. Their futures are flat this morning. Keeping with current trends, the U.S continues to move higher. Whether we can continue to follow them remains to be seen. This morning we will begin
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The XJO is expected to continue yesterday’s fall on open this morning despite a small rise in the U.S on Friday. Their futures are in the green overnight. The U.S was mainly driven by tech overnight, which is not as well represented in our market. Furthermore, their financials were the worst performing sector overnight. Our
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The XJO is expected to open lower this morning. Without a strong U.S, which is instead tracking sideward, our market doesn’t have the confidence to hold the top of the range. We should rebound off 7,850 key resistance, with our expected open near 7,800 key support. There is also a short-term uptrend line that comes
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The XJO is expected to edge higher on open this morning following a night where the U.S was able to retake meek intraday losses to finish fairly flat. Their futures are also flat. All is quiet on the western front as we wait for U.S jobs data tonight which will no doubt set the tone
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The XJO is expected to rally on open following a strong night of buying in the U.S. Their futures are flat. We should flirt with 7,800 resistance on open, potentially breaking higher in the morning session. Beyond that we have the top of the range at 7,850 to 7,900, with 7,900 also representing approximately our
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