UK Jobs data, GDP, and the BOE’s Reluctance to Cut
August was a good month for cable, and with the latest UK Jobs Data, there are signs that September could be as…
Technical Analysis
Dow Jones – 09.09.2024
The Dow managed to meet the target of 40300 and below last week.
As we see over the Intraday chart, the market is…
Gold – 09.09.2024
Gold managed to advance toward the target zone of 2522-32 and printed a high of 2528 last Friday.
Gold failed to…
Crude Oil – 09.09.2024
Crude Oil met the target of 67.00-70 last week and managed to hit few pips below that support.
As we see on the…
GBP/USD – 09.09.2024
GBPUSD also dropped and is now closing to the support zone 1.3050-70.
As long as the market holds above 1.3050-70…
USD/JPY – 09.09.2024
USDJPY hit a low at 141.76 last week and is now testing the Intraday resistance 143.70-75.
If prices hold below…
EUR/USD – 09.09.2024
The Euro rebounded last week to test the first resistance 1.1140.
As we see on the chart, the market hit the…
Recent Posts
Intraday Analysis 06.09.2024
SPX index breaks major floor
The SPX Index noted back-to-back losses as Wall Street struggles with September. The index put the bulls on the…
US August NFP: The 50bps Rate Cut Question
US August NFP: The 50bps Rate Cut Question
Friday's US Non-Farm Payroll figures come out at a crucial moment for the markets. Traditionally,…
Intraday Analysis 05.09.2024
USOIL struggles for support
WTI fell further as persistence concerns over demand persisted. As the daily RSI fell into the oversold area, bears…
Stock Rotation and the Effect on Forex
August was the most volatile month in the markets in four years, which is significant, because the pandemic-induced crash happened back then. Stock…
Dollar Rebounds as Gold Sinks Lower!
Dollar Rebounds as Gold Sinks Lower!
The greenback continued to progress against its main competitors as the Euro and Pound gave up gains. , and gold…
Intraday Analysis 04.09.2024
EUR/GBP pair looking for a lift
The EUR/GBP pair stopped the rot as a recent consolidation helped the euro bounce away from the 0.8400 level. A…
BOC to Cut, and Keep Going…
The Bank of Canada is out in the forefront when it comes to easing, having already cut in June and July. Economists are unanimous in their agreement…
Dollar Recovery: Wakes Up after Long Weekend!
Dollar Recovery: Wakes Up after Long Weekend!
With August getting off to an incredibly rough start, it's September's turn to show whether a…
Economic Calendar
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