Stock Markets Hold Up As Earnings Season Gets Underway

Fresh from the turmoil of March and the banking crisis, investors are now wading into corporate performance as US companies report their earnings for Q1.Heading into reporting season, investors remained sceptical about the longevity of the rally in risk assets. Having seen an impressive rebound from the lows of 2022, there was an ongoing sense […]

The First S&P500 Signal This Market Could Have Bottomed

After a protracted rise directly off the Covid low of 2184 in February 2020. The S&P500 has seen a three wave structure decline from 4820 fueled by rising inflation coupled with a high level of geopolitical uncertainty.Solid DecadeThe truth is that investors have had a strong decade since the financial crisis as the S&P500 grinded […]

Oil Is Lingering In No Man’s Land

Like the rest of us, Oil is waiting for some definitive news. The last macro bottoming candle for Oil was at the $64 region. Upon news of the Russia – Ukraine conflict, Oil spiked to $126 before retreating back down to $106. Subsequently, there was a second attempt at this high but this second move […]

Possible Short-term Correction Coming For Gold

The tightening from the Federal Reserve is pushing the value of the dollar sky high, but gold prices have been lagging behind quite noticeably. However, there is the possibility of a short-term bounce in the near future, presenting an opportunity to traders.Investors still have rising inflation right at the front of their minds. This is […]

Is Bitcoin Turning Around In Thin Air

In a crypto fever pitch, Bitcoin topped out at $69k in October 2021. This high saw a steep decline and eventually found support at $32k wiping just over 50% of its value in one foul wave swoop. Initially there was a buy up at $32k which saw a topping at $47k. This it transpired was […]

GBPJPY And ASX200 Analysis April 2022

Market analysis of the Australian (ASX200) markets and the forex pair GBPJPY. Global politics continue to drive the markets for global growth, but more specific niche factors still have a significant impact. Analysts at LegacyFX explain:S&P/ASX 200 (AUSTRALIAN200)The S&P/ASX 200 index has rallied strongly in January 2022 helped by the strong performance of the materials […]

LegacyFX Outlook For S&P, Nasdaq And More April 2022

Analysts at LegacyFX cast their expert eye over the world events and the impact they may have on key markets. From the S&P and Nasdaq (US100) in the US, to a potentially overbought FTSE 100 in the UK, technical analysis signals some possible price moves.S&P 500 (US500)The rally from the March 2022 low has lost […]

Gold And Oil Outlook From LegacyFX Heading Into April 2022

Analysts at LegacyFX take a look at two markets that often feel the impact of geo-political turmoil more than most – oil and gold. Often referred to as a safe haven, Gold has seen a relatively large amount of volatility of late. Oil is a key market with a huge range of price drivers – […]

Dow Jones US30 And Dax 40 Analysis

Analysts at Legacy FX take a look at two key markets: The Dow Jones Industrial Average (US 30) and the DAX 40 in Germany. With the aid of chars and technical analysis, the firm provide guidance as to the events which may cause changes to market sentiment.Dow Jones Industrial Average (US30)The rebound from the March […]

Market Outlook And Forex Range Advice March 23rd 2022

Equity markets extended gains overnight with the energy sector being the weakest segment on the back of a pull back of oil prices. The US Dollar was flat, gold and oil retreated, while bitcoin and treasury yields rose.The following analysis is via LegacyFX Analysts;DollarUSDX: The US Dollar index remains trapped within its two weeks range […]

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