Stocks Daily Forecast Nov 08 2017

0
585

U.S Dollar Index Continues To Consolidate  With Upside Bias!

As long as 94.05/94..55 support holds on a daily closing basis, the US dollar index remains neutral with risk to the upside to the 95.00 levels, a halt is likely but a break will aim the 95.57 levels, further upside resistance comes at the 96.21 levels ahead of the 97.11 levels. On the downside, below 9455/94.05 sees a pullback risk to the 93.32/93.02 levels where another rising is very likely…

Conclusion: The USDINDEX continues to face upside threats above 94.05/94.55 levels despite hesitation…

Dow Jones Index: Bullish Eyes Further Upside!

As long as 23177/23343 support holds on a daily closing basis, the Dow Jones index remains on the upside to the 23770 levels ahead of the 24150 levels, below 23177 sees a pullback risk above 22800 levels before the next rising…

S&P500 Index: Bullish With Risk To The 2607 Levels!

As long as 2582 support holds on a daily closing basis, the S&P500 index remains on the upside to the 2610 levels, a halt is likely but a break will aim the 2640 levels ahead of the 2677 levels, below 2582 sees a pullback threats to the 2559/2543 levels where another rising is likely…

Nikkei 225: Bullish Eyes Further Upside!

As long as 22750 support holds on a daily closing basis, the Japanese Nikkei remains on the upside to the 23500 levels ahead of the 24000 levels, below 22750 sees a pullback risk to the 22200/21840 levels before the next rising…

MARKET DATA

UPCOMING ECONOMIC EVENTS