S&P 500: ⬆️ Buy – S&P 500 reversed from support zone – Likely to rise to resistance level 7765.00 S&P 500 index recently reversed from the support zone located between the support level 7600.00 (former upper boundary of the sideway price range from May), lower daily Bollinger Band and the 38.2% Fibonacci correction of the […]
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Next week, we expect the FOMC to raise rates by 25 bps, bringing the federal funds rate target range to 3.75%–4.00%. Consumer spending should remain resilient, with retail sales rebounding 0.7% in August. Meanwhile, elevated Read more…
Busier Canadian data releases in the coming week will be led by August’s inflation report on Monday, when we expect headline Consumer Price Index growth to hold at 3% year-over-year. Energy price growth is still Read more…
GBPCHF: ⬆️ Buy – GBPCHF broke resistance zone – Likely to rise to resistance level 1.1100 GBPCHF currency pair recently broke the resistance zone located between the resistance level 1.1000 (which stopped the previous impulse Read more…