Market Focus 28/07: Forex, Gold, Oil, Stock Indexes
Hi traders, today we look at some of the fades that crept in late into the Asian session. The AUDUSD, EURUSD, GOLD, Bitcoin and stock indexes seeing seller interest.
Oil remains held in a price squeeze will we see some direction soon? We breakdown the ASX200 d1 chart, sellers took command after a small rally early in the session. If momentum does shift tonight could we see the ASX200 break into a new short-term downtrend?
Oil Resistance 41.90 Suport 40.80
ASX200 Resistance 6090 Support 6015
There’s no high impact news due for release in today’s European and U.S. sessions.
Today’s Market Analysis Video