U.S stocks Rebound Slightly After Fed Minutes.
Market Updates at a Glance: 08 April 2022 (Friday)🌎
☛U.S stocks Rebound Slightly After Fed Minutes. US Dollar Index New High, Inches towards 100 Resistance Level.
➤U.S stocks ended slightly higher after two days of losses with Dow +0.25%, S&P 500 +0.42% & Nasdaq +0.06%.
☛On the technical front for S&P 500
-S&P 500 rebounded at cloud support.
-Market is testing the levels for direction: eyeing if is firm support above the cloud and let's say if the trend wants to resume, it has close above the resistance 4536 "left shoulder" and subsequent resistance near the zone 4589-4640.
➤The US dollar index extended higher for a sixth consecutive session to 99.74 with Fed aggressive policy tightening. The 10-year treasury yields rose to 2.65%.
➤GBP & EUR were little changed, with GBP was flat at 1.3073 while EUR closed slightly lower to 1.088.
➤Gold not doing much, still in a sideways consolidation, hovering around Fibonacci 38.2% support level ($1920) in a bigger context. Oil (Brent) was flat at $101.67.
➤BTC, ETH & XRP finished slightly higher, with BTC +0.65%, ETH +1.76% & XRP +3.52%. BTC holding the support level $42,820.
➤PKR depreciate more than 1% (in other words, USDPKR surged) on Thursday amid the political instability & surge in the trade deficit.
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#marketanalysis #forexanalysis #forexmarket #dxy #gbpusd #gold #oil #crossborderpayments #cryptocurrency #btc #equities #xrp #ripple #treasury #tranglo #fintech #globalpayments #blockchain #BridgingBorders
☛U.S stocks Rebound Slightly After Fed Minutes. US Dollar Index New High, Inches towards 100 Resistance Level.
➤U.S stocks ended slightly higher after two days of losses with Dow +0.25%, S&P 500 +0.42% & Nasdaq +0.06%.
☛On the technical front for S&P 500
-S&P 500 rebounded at cloud support.
-Market is testing the levels for direction: eyeing if is firm support above the cloud and let's say if the trend wants to resume, it has close above the resistance 4536 "left shoulder" and subsequent resistance near the zone 4589-4640.
➤The US dollar index extended higher for a sixth consecutive session to 99.74 with Fed aggressive policy tightening. The 10-year treasury yields rose to 2.65%.
➤GBP & EUR were little changed, with GBP was flat at 1.3073 while EUR closed slightly lower to 1.088.
➤Gold not doing much, still in a sideways consolidation, hovering around Fibonacci 38.2% support level ($1920) in a bigger context. Oil (Brent) was flat at $101.67.
➤BTC, ETH & XRP finished slightly higher, with BTC +0.65%, ETH +1.76% & XRP +3.52%. BTC holding the support level $42,820.
➤PKR depreciate more than 1% (in other words, USDPKR surged) on Thursday amid the political instability & surge in the trade deficit.
☛Like & follow so you won't miss any market updates ☟
lnkd.in/d38iHCkV
lnkd.in/enTgEqYB
#marketanalysis #forexanalysis #forexmarket #dxy #gbpusd #gold #oil #crossborderpayments #cryptocurrency #btc #equities #xrp #ripple #treasury #tranglo #fintech #globalpayments #blockchain #BridgingBorders
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.