Eightcap CFD technical insights: Trade war pressure returns – US30 – GER30 focus
News & Analysis Trade war pressure has re-flared after a good period of stability. The driver remains the current relationship between the U.S. and China. Trump put forward new tariffs and China has retaliated with counter-tariffs. More than 800 Chinese goods are due...Eightcap CFD technical insights: US30 focus pattern breakout continues to hold.
News & Analysis Abit has happened since we last looked at the US30 but technically good signs continue to remain on the charts. This week saw a sharp decline as Italy continued to see political and credit concerns that could have deeper ramifications on the EU....Eightcap CFD technical insights: US30 has returned to a level that’s shown buyer rejection.
News & Analysis The US-China trade talks continue to have a strong influence on the US30. This morning developments suggested that the trade war is on hold, sending futures markets gaping higher on open. Treasury Secretary Steven Mnuchin said the prospect of a trade...Eightcap CFD technical insights OIL; range low tested, buyers looking to test the high?
News & Analysis Oil is dealing with a mix of influences at the moment. The market is waiting for a key decision regarding Iran. President Trump has given Britain, France and Germany a May 12 deadline to fix what he views as the deal’s flaws or he will reimpose...Recent Tweets
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#US30 has breached it's channel but buyers have returned from 24,389 support. While this level continues to hold we're looking for buyers to hold the balance. Could we see a break of current down streak?
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