Earlier today, the FxPro analysts warned that market expectations were too dark, and the published data could trigger a wave of the USD purchases.
The US stock indices came under pressure due to a reduction in hopes for the Fed stimulus. Stock markets have responded to data in “the worse, the better” trading style. Therefore, strong performance can trigger a long wave of stock indices correction, including SPX and DJI which recently touched the important round levels at their historic highs.
The FxPro Analyst Team
Apple: ⬇️ Sell - Apple reversed from resistance level 220.00 - Likely to fall to…
IBM: ⬆️ Buy - IBM reversed from support zone - Likely to rise to resistance…
AUDNZD: ⬆️ Buy - AUDNZD reversed from key support level 1.0930 - Likely to rise…
EURCAD: ⬇️ Sell - EURCAD reversed from the resistance zone - Likely to fall to…
The crypto market has increased by over 5% and is nearing the $2.9 trillion. The…
Gold: ⬆️ Buy - Gold continues daily uptrend - Likely to rise to resistance level…
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