“Uptrend Breakthrough: Index Soars Beyond 4195/4220, Promises Exciting Extension – SocGen Reveals!”
The S&P 500 is currently testing the upper limit of its base near 4195/4220, and economists at Société Générale believe that the uptrend will likely extend beyond this point. The S&P 500 is one of the most important equity indices in the world, representing the performance of 500 major US-based publicly-traded companies. As such, the […]
SocGen: Watch Out for Strong Support at 135.20/134.60 Zone in Market Pullback
The USD/JPY pair has seen its retracement extend below 136, however, economists at Société Générale expect the pair to find solid support at the 135.20/134.60 zone. The pair has recently been challenging the 200-DMA and is close to the graphical resistance of 138, representing December/March peaks. This hurdle must be overcome to affirm a larger […]