The Week Ahead – Raising the Bar
SPX 500 retreats as stocks tumble
The S&P shed a few points amid concerns about slowing growth within the…
Technical Analysis
Dow Jones – 05.09.2024
The Dow managed to break above 41000 and managed to add more advance toward the first target of 41400, with the…
Gold – 05.09.2024
Gold managed to advance above the support of 2468-70 and is closing now to the second target of 2520.
As we see…
Crude Oil – 05.09.2024
Crude Oil broke below 71.15 two days ago and dropped toward the target of 68.80.
As we see on the chart, prices…
GBP/USD – 05.09.2024
GBPUSD fell below the support of 1.3170 and prices now face a second support at 1.3050-70.
The market could hold…
USD/JPY – 05.09.2024
USDJPY managed to fell below the support of 144.40 and met target of 143.40.
As we see on the chart, market…
EUR/USD – 05.09.2024
The Euro rebounded after testing the support level of 1.1040 in the last few days.
As we see on the chart, the…
Recent Posts
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…
Intraday Analysis 03.09.2024
XAUUSD tests critical support
Gold continues its choppy stance after hitting a firm rejection at 2530, indicating a potential gold breakout…
Where Will the Crude Roller Coaster End Up?
Prices of Brent have been topsy-turvy all month, as strong forces push in opposite directions. On the one hand is the sudden increased worry of a…
Dow Hits Another Record as Gold Slides!
Dow Hits Another Record as Gold Slides!
The Dow Hit another record high as economic figures exceed expectations.
With the NFP and ISM data also…
Economic Calendar
