Thank you for your feedback, sacsap! Yes, we note that bracket orders would be beneficial for our traders. Rest assured our platform development team constantly explore options to enhance risk management for our customers. Meanwhile we suggest that you could consider placing stop and limit orders individually. We’re excited about adding more features to enhance our traders’ trading experience soon.
By Eric Lee , Sales Director of Phillip Nova
CapitaLand Investment (SGX: 9CI) has been in a downtrend since October 2024, falling from its peak of $3.20. However, recent technical signals suggest that accumulation may be taking place, with a potential breakout on the horizon. The volume profile indicates significant trading activity in the $2.40 to $2.60 range,...
By Eric Lee , Sales Director of Phillip Nova
The E-mini S&P 500 index futures are currently exhibiting a symmetrical triangle formation, a technical pattern that typically indicates a period of consolidation before a potential breakout.
The price is testing the lower boundary of this triangle, suggesting a possible breakdown. Additionally, the index is...
By Danish Lim Zhi Lin, Investment Analyst
Current Performance of Nikkei 225 Index:
Since our last trade idea ( ), the Nikkei 225 Index has rebounded from around 36,215 on 9 September to 39,480 at the close on 6 November, a gain of about 9%.
Nevertheless, Japanese equities are yet to hit their July record highs, as a stronger Yen, political uncertainty, and...
By Eric Lee , Sales Director of Phillip Nova
Tracking the GBP/JPY and Nikkei 225 Relationship for Futures Trading
In my previous analysis of the Nikkei 225, I pointed out its strong correlation with the GBP/JPY currency pair, highlighting it as a key factor for traders to watch when trading Nikkei 225 futures. The Japanese yen’s strength is largely shaped by...
By Danish Lim Zhi Lin, Investment Analyst
Current Performance of Nikkei 225 Index:
As of 9 September, the Nikkei 225 Index was down by -0.48%, after falling as much as 3% as weak US Payroll added to slowdown fears and dampened risk appetite. The Nikkei 225 Index saw a 5th straight decline, with data showing Japan’s Q2 GDP expanded less than expected at 2.9%...
Navigating the Nikkei 225: Key Technical Indicators Suggest a Pivotal Moment for Traders
By Eric Lee , Sales Director of Phillip Nova
The Nikkei 225 index is currently at an inflection point, with several technical indicators pointing to a tug-of-war between buyers and sellers.
Technical Indicators to watch out for:
1. GBP/JPY:
The GBP/JPY currency...