Swiss Market Ends Modestly Higherfxcue.com

(fxcue news) - The Switzerland market started off on a sluggish note Monday morning, but steadied and stayed firm thereafter to eventually end the day's session modestly higher, in line with markets across Europe. Despite worries about tariffs, the mood remained a bit positive as major European markets climbed higher with defense stocks hogging the limelight as European leaders convened a meeting in Paris for talks on increasing defense expenditure to ramp up regional security. The benchmark SMI closed up 35.21 points or 0.27% at 12,875.08, after moving in a tight range between 12,831.39 and 12,881.26. Straumann Holding, ABB, Swiss Life Holding and Lonza Group gained 1 to 1.3%. UBS Group, Zurich Insurance Group, Holcim, Swiss Re, Alcon, Novartis and Julius Baer closed higher by 0.3 to 0.85%. Shares of dermatology company Galderma climbed about 1.7%, lifted by an announcement that the company has obtained the UK medicines regulator's approval for Nemluvio to treat moderate-to-severe prurigo nodularis and atopic dermatitis. Sandoz Group ended down 3.7%. Sonova closed lower by 1.19%. Swisscom, SGS, Sika, Schindler Ps, Swatch Group and Givaudan also ended weak.

Swiss Market Ends Modestly Higher

Asian Markets Trade Mostly Higher

Dollar Drifts Lower Against Major Counterparts On Weak Retail Sales Data

Australian Market Notably Lower

Australian Dollar Rises Against Some Majors

Oil Futures Settle Lower As Supply Concerns Ease

Japanese Market Notably Higher

Swiss Market Ends Modestly Higher

Australian Market Adds To Early Losses In Mid-market

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Trader

Buy more gold at 2930, look up at 29402950.

Gold trading strategy: Sell near 2947, protect 2955, target 2930; Break through holding;

Buy more crude oil at 72, stop loss at 71.5, target at 73.1, 73.6, and 74

Buy long on EUR/USD 1.04750, stop loss at 1.04550, target at 1.05100 and 1.05300-1.05500

Buy long at 32.75 silver, stop loss at 32.55, target at 33.2 and 33.5-33.7

Buy long at 2920 gold, stop loss at 2914, target at 2942 and 2950-2955, and break at 2962 and 2976-2982;

Gold trading strategy: Short position at 2958-62, replenish position at 2968 after breaking through. Stop loss: Each stop loss is 7 points, or a unified stop loss of 2974. Goal: 2930-24-16, break the level and continue to reduce holdings;

Short selling of US crude oil at 72.55, stop loss at 73, targets at 72, 71.7, and 71.3

EUR/USD 1.04000 try long, stop loss 1.03850, target pressure at 1.04400 and 1.04650, break at 1.04800

Today's silver trading strategy: Stop loss at 32.35 and aim for pressure at 32.8 and 33.

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Swiss Market Ends Modestly Higher

Asian Markets Trade Mostly Higher

Dollar Drifts Lower Against Major Counterparts On Weak Retail Sales Data

Australian Market Notably Lower

Australian Dollar Rises Against Some Majors

Oil Futures Settle Lower As Supply Concerns Ease

Japanese Market Notably Higher

Swiss Market Ends Modestly Higher

Australian Market Adds To Early Losses In Mid-market

Please sign in

Trader

Buy more gold at 2930, look up at 29402950.

Gold trading strategy: Sell near 2947, protect 2955, target 2930; Break through holding;

Buy more crude oil at 72, stop loss at 71.5, target at 73.1, 73.6, and 74

Buy long on EUR/USD 1.04750, stop loss at 1.04550, target at 1.05100 and 1.05300-1.05500

Buy long at 32.75 silver, stop loss at 32.55, target at 33.2 and 33.5-33.7

Buy long at 2920 gold, stop loss at 2914, target at 2942 and 2950-2955, and break at 2962 and 2976-2982;

Gold trading strategy: Short position at 2958-62, replenish position at 2968 after breaking through. Stop loss: Each stop loss is 7 points, or a unified stop loss of 2974. Goal: 2930-24-16, break the level and continue to reduce holdings;

Short selling of US crude oil at 72.55, stop loss at 73, targets at 72, 71.7, and 71.3

EUR/USD 1.04000 try long, stop loss 1.03850, target pressure at 1.04400 and 1.04650, break at 1.04800

Today's silver trading strategy: Stop loss at 32.35 and aim for pressure at 32.8 and 33.

Tags

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