USD/JPY trades at 159.359 after gaining 41 pips from Monday's open, with Tokyo inflation data and US GDP the key tests ahead.
SPX500 opened Monday at 7389.4 and closed Friday at 7468, gaining 78.6 points or 1.06% across the five sessions. Thursday's surge to 7466.4 and Friday's test of 7506.7 marked the week's bullish momentum.
This week features an empty economic calendar for SPX500. With no Federal Reserve speeches, major data releases, or earnings announcements in the bundle, price action will likely follow technical patterns and any unexpected headlines.
The absence of scheduled catalysts shifts focus to the 7500 psychological level that capped Friday's advance. Light news flow often produces range-bound trading or continuation of the prevailing trend.
If SPX500 clears and holds above Friday's high at 7506.7, the next reference point sits near 7550 based on measured moves. A rejection at current levels would put the 7400 zone back in focus, which acted as support during Wednesday's session. Without event risk, these moves may unfold gradually rather than in sharp bursts.
LHFX client sentiment shows 56.8% of positions are long versus 43.2% short as of Sunday morning. This modest bullish skew aligns with last week's upward grind but isn't extreme enough to suggest crowded positioning that often precedes reversals.
Friday's high at 7506.7 stands as immediate resistance after rejecting price into the close. The 7400 round number served as a pivot zone three times last week and offers nearby support. Below that, Tuesday's low at 7333.2 marks the week's floor. These are reference levels for context, not entry signals.
Byline: LHFX Research
Risk disclaimer. CFD trading involves substantial risk and is not suitable for every investor. Leverage works both ways and can amplify losses beyond your initial deposit. The analysis above is general market commentary and does not constitute investment advice or a recommendation to buy or sell any instrument. LHFX is regulated by the FSC Mauritius and the FSCA in South Africa. LHFX does not accept US persons.
EUR/USD sits at 1.16379 after grinding sideways for three days, with positioning nearly balanced at 51.6% long.
LHFX bestaan uit die volgende entiteite:
LHFX is 'n handelsnaam van Longhorn Ltd, 'n Mauritiuse maatskappy gemagtig en gereguleer deur die Financial Services Commission Mauritius onder die Investment Dealer-lisensienommer GB23202204, Kode SEC-2.1B. Kantooradres: Suite 102, 1ste Verdieping, Sterling Tower, 14 Poudriere Street, Port-Louis, Mauritius. GBC-nommer C200455
LHFX SA (PTY) Ltd is 'n gemagtigde Finansiëlediensverskaffer ("FSP") geregistreer en gereguleer deur die Finansiële Sektor Gedragsowerheid ("FSCA") van Suid-Afrika onder lisensienommer 52816. Geregistreerde adres: 1 Hood Avenue Rosebank Johannesburg Gauteng 2196
Longhorn Ltd bied nie Fiat-wisselkursdienste of Kriptogeldwisselkursdienste aan nie.
Die inligting op hierdie webwerf stel nie 'n aanbod of uitnodiging voor om aan enige beleggings- of handelsaktiwiteit deel te neem in enige jurisdiksie waar sodanige aktiwiteit in stryd sou wees met plaaslike wet of regulasie nie, en moet ook nie so vertolk of verstaan word nie.
LHFX verskaf nie dienste aan burgers en inwoners van die Verenigde State of enige land waar sodanige verspreiding of gebruik strydig sou wees met plaaslike wet of regulasie nie.
RISIKAWAARSKUWING
Margehandel in buitelandse valuta, virtuele bates of ander buite-beurs-produkte op marge dra 'n hoë vlak van risiko en is moontlik nie vir almal geskik nie. Ons adviseer u om noukeurig te oorweeg of handel vir u gepas is in die lig van u persoonlike omstandighede.
CFD's is komplekse instrumente en dra 'n hoë risiko van geldverlies as gevolg van hefboom. Oorweeg of u verstaan hoe CFD's werk en of u die hoë risiko van geldverlies kan bekostig.
Belasting mag betaalbaar wees op enige winste en u behoort onafhanklike advies oor u belastingposisie in te win.
