The XJO is expected to open higher this morning following a bullish night in the U.S which saw their market return near their all-time highs. Their futures are flat this morning. Yesterday we managed to retake about a third of our opening losses, to settled on the key support at about 7,350. We are set
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The XJO is expected to open lower again this morning following a pullback in the U.S overnight. Once again, their market managed to retake much of the intraday losses, however our market is looking for any excuse to sell at the moment. It is becoming clear that a short-term countertrend has formed since our peak
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The XJO is expected to open flat this morning following another indecisive night of trading in the U.S which saw their market retake intraday losses to finish mildly in the red. Their futures are flat. Yesterday our market broke support at around 7,450, driven lower by negative U.S futures. We settled on roughly 7,400 key
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The XJO is expected to open lower this morning. The U.S was closed overnight. Yesterday we had basically the same session as Friday. We retook intraday losses to finish mildly in the red as we continued the sidewards march of consolidation. This morning we are expected to retest support around 7,480. With U.S futures remaining
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The XJO is expected to edge higher on open this morning following another indecisive night of trading in the U.S which saw their market continue to flirt with resistance and close fairly flat. We should open near 7,500, in step with the sideward consolidation we have seen for all of last week. U.S futures are
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The XJO is expected to open mildly lower this morning following a tumultuous night of trading in the U.S which saw their market retake earlier session losses to finish slightly in the red. Their futures are also slightly in the red. U.S CPI came out this morning. The reaction was rather mixed, with the general
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