EUR/USD is trading at 1.1192, 0.12% up since previous day close. Following advances in Wednesday’s early European trading, the pair is currently trading near 1.1200. The combination of China’s stimulus-driven market confidence and the US Dollar’s prolonged weakness due to big Fed rate drop bets strengthen the pair ahead of Fed speech. Technically speaking, a persistent increase above 1.1200 will be viewed as a new catalyst by optimistic traders and open the door to further rises. 1.1203 is the closest resistance.
Read More… Read LessIntra Day | |
Near Day |
R3 | 1.1286 |
R2 | 1.1239 |
R1 | 1.1203 |
Turnaround | 1.1155 |
S1 | 1.1099 |
S2 | 1.1002 |
S3 | 1.0907 |
US100 is trading at 19876, 0.47% down since previous day close. Mining stocks surge on China stimulus boost, driving Wall Street higher in the end. After a Conference Board report showed an unexpected drop in U.S. consumer confidence in September, fuelled by growing concerns about the state of the Labor market, the indexes initially pared gains. The technical picture indicates that the market is in an overbought area. If it breaks, the nearest support is 19629; if it doesn’t, reach for 19289.
Read More… Read LessIntra Day | |
Near Day |
R3 | 20793.00 |
R2 | 20416.00 |
R1 | 20011.00 |
Turnaround | 19847.00 |
S1 | 19629.00 |
S2 | 19289.00 |
S3 | 18516.00 |
SILVER is trading at 31.76, 1.05% down since previous day close. As investors flocked to safe-haven assets due to mounting Middle East tensions, silver saw a more than 5% increase on Tuesday, hitting levels not seen since late May. The world’s largest metals market, gray metal, sees a decline in price as traders reassess the efficacy of China’s stimulus programs aimed at substantially boosting its economy. The pairs moved within a range of consolidation. The closest support is at 30.57, while the closest resistance is at 32.53.
Read More… Read LessIntra Day | |
Near Day |
R3 | 34.08 |
R2 | 33.15 |
R1 | 32.53 |
Turnaround | 31.68 |
S1 | 30.57 |
S2 | 29.80 |
S3 | 28.50 |
XFlow Markets provides an entirely transparent access to the FOREX Market through two powerful trading platforms with excellent execution speed, a 24/5 client support system with no dealing desk involvement.
© 2024 XFlow Markets, All rights reserved.
Risk Warning: Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances.
You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks.
XFlow Markets INC is incorporated in Saint Lucia with registration no. 2023/C088 governed by the Companies Act, Cap 13.01 of the revised laws of Saint Lucia.
XFlow Markets does not offer Contracts for Difference to residents of certain jurisdictions including the Belgium, Iran, Canada, North Korea, the USA, Cuba, Syria and FATF Black Listed Countries.
Telephone number: UAE: +971 43304431 Working hours: 7:00 AM - 5:00 PM (GMT+0)
XFlow Markets does not offer any fixed returns & guaranteed profits. Forex and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Your capital is at risk. Please consider our Risk Disclosure.
XFlow Markets does not guarantee any returns or profits. Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.