Banks Are Preparing For Something BIG
Big companies and big banks are making heavy preparations for sharply lower interest rates.
Resistance At Broken Trend Lines
Something you want to watch for is the resistance that forms when a stock breaks below its trend line. For most traders, once a trend line is broken, the trader simply dismisses the trend-line and forgets it never existed.
EUR/USD Picks Up Amid A Brighter Sentiment Ahead Of The US NFP Release
The EUR/USD pair is trading moderately higher on Friday, currently at 1.1677, but still on track for its second consecutive negative week.
Sensex Today Trades 190 Points Higher; Nifty Above 24,750
Indian share markets are trading higher today, with the Sensex trading 190 points higher, and the Nifty is trading 63 points higher.
US Jobs Report And Fed Implications
The US jobs report is expected to significantly influence markets, with forecasts suggesting modest job growth.
DXY Index: US Dollar Forecast Ahead Of NFP Jobs Data
The US Dollar Index remain under pressure on Friday morning as the odds that the Federal Reserve will cut interest rates rose following a series of weak jobs numbers.