☛S&P 500 still doing nothing, below the Head & Shoulder Neckline. Consumer Sentiment & FOMC in Focus.
➤US stocks ended slightly lower with Dow -0.34%, S&P 500 -0.43% & Nasdaq -0.95%. Russia-Ukraine talk failed to yield any meaningful progress and the US CPI (inflation) hit 7.9%, the highest since 1982.
☛On technical front:
-S&P 500 not doing much after Wednesday's rally.
-Thursday's candle moved lower but inside the previous day's range.
-suggest indecision from the market.
-Keep an eye on the Consumer Sentiment tonight & FOMC on 17/3 (GMT+8)
➤The US dollar index edged higher to 98.50 as the Treasury yields rose across the curve. The 10-year Treasury yield jumped to 1.992%, hit above 2% in intraday-high after release of the red-hot inflation data.
➤GBP gave up Wednesday's gains & ended lower to below 1.31.
➤EUR edged lower to below 1.10.
➤Gold was flat near to 5-day Moving average, below $2,000.
➤Oil (Brent) dropped below $ 110, trading near to 20-day Moving average.
➤BTC & XRP in sideways, with BTC below $40,000 to XRP above $0.7000.
☛Like & follow so you won't miss any market updates ☟
lnkd.in/d38iHCkV
lnkd.in/drqzGXUj
☛Follow my tweets @ce83lim to look at charts
➤US stocks ended slightly lower with Dow -0.34%, S&P 500 -0.43% & Nasdaq -0.95%. Russia-Ukraine talk failed to yield any meaningful progress and the US CPI (inflation) hit 7.9%, the highest since 1982.
☛On technical front:
-S&P 500 not doing much after Wednesday's rally.
-Thursday's candle moved lower but inside the previous day's range.
-suggest indecision from the market.
-Keep an eye on the Consumer Sentiment tonight & FOMC on 17/3 (GMT+8)
➤The US dollar index edged higher to 98.50 as the Treasury yields rose across the curve. The 10-year Treasury yield jumped to 1.992%, hit above 2% in intraday-high after release of the red-hot inflation data.
➤GBP gave up Wednesday's gains & ended lower to below 1.31.
➤EUR edged lower to below 1.10.
➤Gold was flat near to 5-day Moving average, below $2,000.
➤Oil (Brent) dropped below $ 110, trading near to 20-day Moving average.
➤BTC & XRP in sideways, with BTC below $40,000 to XRP above $0.7000.
☛Like & follow so you won't miss any market updates ☟
lnkd.in/d38iHCkV
lnkd.in/drqzGXUj
☛Follow my tweets @ce83lim to look at charts
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.