DJ Newswires European Technical Anaysis

London--Rolling 24-hour chart levels: Forex spot: EUR/USD USD/JPY GBP/USD USD/CHF Spot 0730 GMT+2 1.0682 112.18 1.2513 0.9962 1 Week Trend Bearish Bearish Bullish Bearish 1 Month Trend Bearish Bearish Bullish Bearish 200 day ma 1.0770 110.45 1.2445 1.0005 3rd Resistance 1.0740 113.00 1.2620 1.0000 2nd Resistance 1.0715 112.75 1.2580 0.9985 1st Resistance 1.0700 112.50 1.2545…Read more DJ Newswires European Technical Anaysis

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Market report – 17 January 2017

Market snapshot South Africa The JSE All Share Index closed up 0.69% at 53 158 IMF expects SA's economy to expand by 0.8% in 2017 Rand is trading at R13.55 to the US Dollar Rand is trading at R14.44 to the Euro Rand is trading at R16.41 to the British Pound Global UK FTSE 100 Index closed down -0.15% at…Read more Market report – 17 January 2017

Market Outlook 28 November – 2 December

This week we're keeping our eyes on the following technical setups: NZDUSD:  We have seen a break below the trendline / channel. We should see a rebound off the retest of the trendline. Should it break back into the channel we will re-analyse. EURUSD: EURUSD has broken the trendline. Should it hold below for the…Read more Market Outlook 28 November – 2 December