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Trading & Market News

DAX drops toward important bullish trend line
Wednesday has been a negative day so far for equities, and the German DAX was down nearly one percent during the US session, trading at around 12,620 EUR.
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Risk-on Wednesday as fiscal stimulus draws closer.
Wednesday started with a bullish mood, and US equity indices were up nearly 1%, while EU bourses were expected to open half a percent strong. 
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EURAUD roaring higher from the consolidation phase
Tuesday was a perfect day for EURAUD bulls as the cross was trading 1% stronger during the US session, seen at around 1.6780, which are five-month highs for this cross.
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Equities jump on Tuesday, but the negative sentiment persists.
US indices were trading higher ahead of the London session as traders bought the dip. However, the bearish mindset seems to be prevailing for now, and indices are down for six consecutive days, completing erasing last Monday's massive rally.
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Is NZDUSD forming a large head and shoulders pattern?
The NZDUSD pair, also known as the kiwi, rose 0.6% on Monday, and it was trading at around 0.6640 at the time of writing.
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Make better trading decisions with around the clock, up-to-date coverage of the global financial markets from a team of experienced traders, market researchers, and analysts. Axiory Intelligence is Axiory’s dedicated market news portal that’s designed to help traders stay informed and swiftly find essential information at all times. From quick market bites to lengthy in-depth articles and analyses of financial products, Axiory Intelligence is every traders’ best friend.

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