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Declining upside momentum in key global indices; Gold: $1044 is key; EUR/USD: below 1.05...

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In today’s Tip TV Finance Show, we discuss the outlook for Gold prices, EUR/USD, Brent crude and key global indices – FTSE, WallStreet, Nikkei and the Shanghai Composite, with Mike Van Dulken, Head of Research for Accendo Markets, and Nick Batsford, CEO at Tip TV. FTSE 100: Negative divergence on charts Van Dulken highlights the negative divergence on the technical charts for the FTSE cash index, noting that the price is rising but the RSI plotted a lower high, which suggests some weakness

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