The XJO is expected to open higher this morning following another strong night of gains in the U.S. Their futures are flat. The U.S is unashamedly rising in the face of stronger than expected economic data, and we are being dragged kicking and screaming along with it. Our market recently has been skeptical of the
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The XJO is expected to open higher this morning following a rebound in the U.S overnight. Their futures are flat this morning. The U.S quite clearly rebounded from their uptrend line and we are set to do the same this morning. Yesterday we heralded the rebound, as we retook roughly half the intraday losses into
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The XJO is expected to open lower this morning following a pullback in the U.S overnight. Their CPI came in stronger than expected and though their reaction last night was visceral, they managed to retake some intraday losses into the close whilst rebounding from their uptrend line. Furthermore, their futures are flat this morning, rather
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The XJO is expected to edge higher on open this morning despite a small pullback in the U.S overnight. Their futures have also edged into the red. The sidewards consolidation continues as we track around 6,950. Key support remains 7,550, and key resistance remains roughly 7,700. It seems markets are quiet heading into the CPI
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The XJO is expected to open flat this morning, despite a small rally in the U.S on Friday. Their futures have edged into the red. Despite the continued strength in the U.S, our market is simply consolidating at the top of the range. Why, could come down to a few different things, but wholistically, our
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The XJO is expected to edge higher on open this morning despite a continued rally higher in the U.S which saw their market make another set of fresh highs. We could see their strength flow into our market by the time it opens, however we remain tentative as we continue to trade near the top
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