2024

S&P index (US 500) probes support The S&P index slid further as investors awaited further confirmation of a move from the Fed. While a close above 5500 supports the bullish trajectory, the latest horizontal grind signifies…
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The Dow managed to advance above the 40500-50 resistance which could push for a further advance toward 41100. As we see on the Intraday levels chart, prices are facing support around 40400-50 where as long as the market holds above this…
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Gold managed to advance above the 2388 level and managed to re-test the downtrend channel resistance around 2403-05 last week and today. As we see on the chart and as long as the market keeps holding below this resistance, then another…
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Crude Oil managed to meet the target of 76.00-50 as we previously predicted. As we see on the chart the market is still holding above the support 76.00 despite the market hitting a few pips below it last week. If prices keep holding above…
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USDJPY managed to sustain trades above the support of 151.80 and managed so far to rebound toward 154.70. Prices managed to re-test the support of 153.10 twice so far. Market will face the first Intraday resistance around 155.35 which…
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The GBPUSD pair fell below the support 1.2900 where we projected before that below this level more of a drop toward 1.2730-50 could hit the market. Intraday resistance is at 1.2940-55 where as long as the market holds below it, more of a…
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The Euro fell below the support of 1.0860 as the market fell back inside the old triangle formation which could push for a further drop toward 1.0700. As we see on the chart and as long as the market holds below 1.0870, the downtrend…
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Get ready to trade the NFP Live webinar on 2-8-2024 with our leading experts! Join our resident US market specialists, David Kindley and Daniel John Grady for an exclusive live webinar on the upcoming Non-farm Payrolls release, on August…
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EuroZone Q2 CPI, GDP, and Chances the Euro Can Resume the Trend? The Euro could get jostled around a bit this week with a series of very influential data that will jostle for pole position to drive the shared currency. Chief among them is…
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XAUUSD bouncing back Gold slide after upbeat GDP data came in higher than expected. However, the price seems to have secured a foothold around the psychological level of 2400, and a series of higher lows combined with a tentative break…
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