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Home / Analytics / Forex analysis & forecasts / Market Overview / US Open. Market Overview for 10.10.2016
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US Open. Market Overview for 10.10.2016

10.10.2016

Pre-Market:

The S&P 500 is trading firmer pre-market, rising 0.52%. The DAX managed to reach positive territory, after initial weakness, rising 1.09%. Amongst the greatest gainers is Thyssen stock, which is up 2.61%. The morning´s German trade balance numbers came in better than expected at 5.4% month on month. Deutsche Bank also managed to trade back in to positive territory, gaining 2.69%.
US markets are profiting from Donald Trump´s crisis, after pundits made Hilary Clinton the winner of yesterday´s face off. The USD rises against the Yen and Euro. Gold and WTO Oil also gain.

S&P 500

The S&P 500 is in a sideways trend. Resistance is at 2200 and support at 2115.




Nasdaq 100

The Nasdaq 100 is in a sideways trend. Resistance is at 4900 and support is seen at 4800.




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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.