US100 futures are higher on Wednesday, extending gains after a cooler-than-expected US Producer Price Index (PPI) report. The data eased inflation concerns, supporting risk sentiment. Oracle (ORCL) shares are surging, up more than 30% in pre-market trading following strong earnings and upbeat guidance.
The index remains bullish in structure. Price is expected to test the support area near 23,200. As long as the index holds above this level, momentum favours a move higher toward 24,200 in the next leg up.
You may find more details in the chart.
Trade wisely best of Luck.
Ps; Support with like and comments for better analysis Thanks for Support.
The index remains bullish in structure. Price is expected to test the support area near 23,200. As long as the index holds above this level, momentum favours a move higher toward 24,200 in the next leg up.
You may find more details in the chart.
Trade wisely best of Luck.
Ps; Support with like and comments for better analysis Thanks for Support.
Trade ativo
Trade fechado: objetivo atingido
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Join My telegram Channel
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t.me/AnalysisGold2
Free Forex Signals
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Publicações relacionadas
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.