The XJO is expected to continue its decent today following another night of selling in the U.S overnight. Their futures have also edged into the red. Bond yield have been rallying the past couple of days, fuelled likely by the conflict in Israel, but mostly by Powell delivering a hawkish address last night. “Inflation is
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The XJO is expected to open lower this morning following a decent pullback in the U.S overnight which saw their market break their key support. Their futures have edged into the green which at least gives some indication that the selling has not persisted. We should open near 7,000 support, which is roughly the bottom
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The XJO is expected to edge higher on open this morning following the U.S last night which saw their market retake early session losses to finish flat. U.S futures are also in the red. Yesterday we gave up early session gains, rebounding off 7,100 resistance intraday. This morning we will retest these levels which come
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The XJO is expected to open higher this morning following a rally in the U.S overnight. Their futures also sit mildly in the green. Yesterday we pulled back to our lows from Friday’s session, roughly retesting near the key 7,000 level. This morning we should bounce back with an expected open near 7,070. 7,080 to
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The XJO is expected to open lower this morning following a small pullback from the U.S on Friday. We may retest 7,000 this morning, which we almost bounced from intraday on Friday, and has historically been a key level of support. This will break the short-term uptrend line that had formed over the course of
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The XJO is expected to open lower this morning following a pullback in the U.S overnight on the back of a marginal unexpected rise in their headline inflation. They pulled back to their key support and managed to rebound from it intraday to retake some losses into the close. However they are also forming a
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