Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Learn more Got it
Dakar 2017
Roboforex is an official sponsor
of "Starikovich-Heskes Team"
at the Dakar 2017
Home / Analytics / Forex analysis & forecasts / Market Overview / US Open. Market Overview for 31.10.2016
Ask a question
Did not find the information you need? Ask your questions and get answers online!
Enter chat
Or enter your phone number in the form below and we will call you right away.
Call back

US Open. Market Overview for 31.10.2016



The S&P 500 gains 0.22% in premarket trading. German stocks weaken by 0.27%. Ahead of important upcoming events, German stocks are without direction. This week she US, UK and Japanese central banks meet, next week the US votes. Large surprises aren´t expected, yet investors stay sidelined. BMW drops 1.3% whilst Thyssen rises 0.88%. German retail sales were weaker than analysts expected. Expectations of yearly rise of 1.5% were clearly not met by the actual figure coming in at +0.4%. US consumer spending came in better than expected at +0.55% against 0.4%. The USD rises prior to the Fed meeting. Gold and WTI Oil weaken.

S&P 500

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

Nasdaq 100

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

RoboForex Analytical Department

Dear reader!

Without authorization, you can view no more than two reviews per day and no more than 10 per month. To continue reading analytical reviews, register or login to your Members Area.


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.