Swiss Market Ends On Strong Notefxcue.com

(fxcue news) - Swiss stocks closed on a strong note on Wednesday, holding firm right through the day's session, thanks to sustained buying at several counters amid optimism about earnings and the outlook for interest rates. The benchmark SMI ended with a gain of 113.83 points or 0.95% at 12,151.19, slightly off the day's high of 12,153.42. Swisscom gained more than 2%. Roche Holdings, UBS Group, Swiss Life Holding and Kuehne + Nagel climbed 1.5 to 1.8%. Novartis, Partners Group, Zurich Insurance and Lonza Group gained 1 to 1.25%. Richemont, ABB, Nestle, Geberit, Sika, SIG Group, Swatch Group, Julius Baer and VAT Group also ended higher. SGS ended on a firm note after announcing its agreement to purchase France-based cosmetics clinical research organization Institut d'Expertise Clinique. Completion of the deal remains subject to customary pre-closing conditions. Flughafen Zurich gained about 1.5%. The Zurich Airport operator said that passenger traffic jumped 8.1% year over year to 2,808,339, in June, while its total turnover increased 6.9% to 57 million francs. The Zurich Airport operator's shares rose 1.49% at closing. Logitech International ended down 3.62%. Alcon, Givaudan and Straumann Holdings drifted down 1.05%, 0.85% and 0.68%, respectively.

Swiss Market Ends On Strong Note

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Swiss Market Ends On Strong Note

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The upward channel of gold prices has opened, how can investors seize this opportunity?

Is the yen about to undergo a major reversal? How will the Bank of Japan's policy meeting shake the global market?

Bay Street Seen Opening Slightly Higher; U.S. Inflation Data In Focus

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Trader

Crude oil, focus on resistance at $70.6-71.5 above and support at $69.3-68.5 below.

Today, the rebound in gold trading is mainly driven by short selling, supplemented by buying during a pullback. The short-term focus is on the resistance line of 2620-2625 above, and the short-term focus is on the support line of 2600-2598 below.

Buy more directly near the current gold price of 2617, with targets of 2642, 2650, and 2664; If three points of 2642, 2650, and 2664 are given for the first time, short selling is allowed; If you buy more in batches around three o'clock on 2614, 2611, and 2605;

Today's gold trading strategy: Short selling near 2630-2628, stop loss at 2636, target at 2620-2610. Suggest buying long at 2610-2612, stop loss at 2505, target at 2620-2625;

Gold first fell close to 2602 or 2594 and bought long, then rose close to 2624 or yesterday's high and sold short. Crude oil still tends to fluctuate mainly today, buying long below 68.8 or yesterday's low, and selling short above yesterday's high or 70.7.

Today, gold is mainly focused on rebound short selling, with a short-term focus on the resistance line of 2628-2633. If it does not break through, short selling can be done. The short-term focus below is on the first-line support of 2600-2595, and it is advisable to buy more lightly.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.4-67.9 below.

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Swiss Market Ends On Strong Note

Yen Falls Against Majors

Inspira Technologies Gets Israeli Ministry Of Health Approval For INSPIRA ART100 ECMO System

Bank Of Korea Holds Key Rate; Opens Door For Rate Cut

Swiss Market Ends On Strong Note

Leidos Awarded $476 Mln Contract To Support NASA Cargo Missions

The upward channel of gold prices has opened, how can investors seize this opportunity?

Is the yen about to undergo a major reversal? How will the Bank of Japan's policy meeting shake the global market?

Bay Street Seen Opening Slightly Higher; U.S. Inflation Data In Focus

Please sign in

Trader

Crude oil, focus on resistance at $70.6-71.5 above and support at $69.3-68.5 below.

Today, the rebound in gold trading is mainly driven by short selling, supplemented by buying during a pullback. The short-term focus is on the resistance line of 2620-2625 above, and the short-term focus is on the support line of 2600-2598 below.

Buy more directly near the current gold price of 2617, with targets of 2642, 2650, and 2664; If three points of 2642, 2650, and 2664 are given for the first time, short selling is allowed; If you buy more in batches around three o'clock on 2614, 2611, and 2605;

Today's gold trading strategy: Short selling near 2630-2628, stop loss at 2636, target at 2620-2610. Suggest buying long at 2610-2612, stop loss at 2505, target at 2620-2625;

Gold first fell close to 2602 or 2594 and bought long, then rose close to 2624 or yesterday's high and sold short. Crude oil still tends to fluctuate mainly today, buying long below 68.8 or yesterday's low, and selling short above yesterday's high or 70.7.

Today, gold is mainly focused on rebound short selling, with a short-term focus on the resistance line of 2628-2633. If it does not break through, short selling can be done. The short-term focus below is on the first-line support of 2600-2595, and it is advisable to buy more lightly.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.4-67.9 below.

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