The XJO is expected to edge higher on open this morning following both a bullish night of trading in the U.S and their mildly positive futures this morning. Yesterday we sort of just gave up. It is hard to suggest what triggered the falls, but weakness in Asian markets and poor Chinese economic data likely
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The XJO is expected to edge lower on open this morning following another indecisive night of trading in the U.S on Friday which saw their market retake intraday losses to finish marginally lower. We should open near 7,320. Our next key level of support is at 7,280. At this stage it doesn’t seems like that
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The XJO is expected to open flat this morning following a tumultuous night of trading in the U.S which saw their market shed intraday gains to finish flat. However they still managed to hold key support and our market will likely take this as a positive sign. Don’t be surprised if we do see some
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The XJO is expected to open flat despite a fall in the U.S overnight. Their positive futures and willingness to hold key support is likely responsible for our muted open. Yesterday we managed to hold gains but continued the consolidation as we await U.S CPI tonight. Don’t be surprised if we see some meek selling
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The XJO is expected to open higher this morning following a rally in the U.S overnight. Their futures sit flat this morning. Yesterday was a fairly mild day where we once again indicated that we are willing to hold the key support at roughly 7,280 as we bounced intraday to finish marginally in the red.
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The XJO is expected to open flat this morning despite a small pullback in the U.S on Friday. Their futures have edged into the green which is likely helping our market hold ground. On Friday we finished the week relatively positive as we retraced from our intraday lows to finish marginally in the green. The
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