The European markets managed to inch forward yesterday with the FTSE 100 closing up 32 points (0.73%) at 4,436. The DAX closed up 52 points (1.07%) at 5,051 and the CAC closing up 18 points (0.56%), with the Dow closing down 24 points (0.27%) at 8,739. In Forex news the Australian Consumer Confidence rises most [...]

The FTSE 100 closed yesterday at 4,404, down under ½ a point. The Dow closed at 8,763, down 1.5 points. Forex news:  After two slow days, the economic calendar is fully packed today: At 9:30am, GBP trade balance. At 1:30pm CAD and USD trade balance and finally at 10pm, NZD offical cash rate/ RBNZ press [...]

Yesterday, notes Mr Secker, the FTSE 100 closed down 33 points (0.75%) at 4,405. The index is working its way up towards the upper resistance level around 4,500 and is gaining minor support from the 20ema. The Dow had a very indecisive day yesterday closing up just over 1 point. Forex news:  After the [...]

The FTSE 100 closed up 51 points on Friday at 4,438. A high test bar was formed gaining resistance from the 200ema and 4,500. The index is still bound in a range, so is giving few opportunities. Early last week the Dow broke up through a resistance level at 8,600 and last week moved up [...]

The FTSE 100 closed broadly flat, up by 3.52 points, to 4,386.94 as a rise in financial stocks balanced a drop in the mining sector. After a strong start, confidence faded and the UK’s leading stock index was volatile in afternoon trading. Mining firm Lonmin fell by 5.76 per cent, while Rio Tinto dropped by [...]

Yesterday, notes Mr Secker, the FTSE closed up 88 points at 4,506. The Dow Jones industrial average and other major indexes rose more than 2 percent, and the Standard & Poor’s 500 index and Nasdaq composite rose to their highest levels this year. The Dow rose 221 points, or 2.6%, to 8,721% its highest [...]

Yesterday, notes Mr Secker, the FTSE closed up 88 points at 4,506. The Dow Jones industrial average and other major indexes rose more than 2 percent, and the Standard & Poor’s 500 index and Nasdaq composite rose to their highest levels this year. The Dow rose 221 points, or 2.6%, to 8,721% its highest [...]

On Friday the FTSE closed up 30 points (0.7%) at 4,417 continuing to range sideways between support at 4,315 and resistance at 4,520. The Dow closed up 96 points (1.1%) at 8,500 and also continues to range sideways between support at 8,240 and resistance at 8,600. EUR/USD broke out significantly above 1.4050 to hit a [...]