Technical Analysis The Week Ahead – Papering Over the Cracks David Kindley May 3, 2024 16 UKOIL slips over demand concerns The Oil prices remain under pressure on fears of weakening global demand.…
Technical Analysis Intraday Analysis – USD Pressured by the Fed David Kindley May 2, 2024 21 USDCAD breaks support The Fed’s decision to stick with its ongoing plan relieved the Canadian dollar. The pair has met some selling pressure in the…
Fundamental Analysis What to Expect From FOMC Today Daniel John Grady May 1, 2024 31 The FOMC today concludes its two-day meeting later in what is likely to be the highlight of the week for the markets. The impact could be magnified…
Technical Analysis Intraday Analysis – Gold Falls Away from Another Record David Kindley May 1, 2024 8 XAUUSD breaking bullish channel Gold falls short of reaching another record high as price action tested the lower bullish channel. Despite…
Technical Analysis The Sticky Inflation Keeps the Euro Pressured! David Kindley Apr 30, 2024 14 The Sticky Inflation Keeps the Euro Pressured Eurozone inflation remains steady, which could mean that the ECB is ready to cut rates. As the euro…
Fundamental Analysis Yen Intervention: Is It Over for USDJPY? Daniel John Grady Apr 30, 2024 7 In early trading on Monday, the yen suddenly strengthened and the USDJPY fell by well over 500 bps in a matter of minutes. The consensus is that the…
Technical Analysis Intraday Analysis – USD Struggles Ahead of the Fed David Kindley Apr 30, 2024 8 UK (FTSE100) hits another high The FTSE100 hit a new record high, pushed on by progressive stocks and copper hitting a 2-year high. The bounce off…
Technical Analysis Gold Holds $2300 Ahead of the Fed! David Kindley Apr 29, 2024 6 Gold Holds $2300 Ahead of the Fed! The Fed and NFP numbers could be the catalyst for big moves on the dollar and gold this week. With Gold holding…
Fundamental Analysis China April PMIs : The Giant is Back to Growth? Daniel John Grady Apr 29, 2024 19 China April PMIs : The Giant is Back to Growth? China has been reporting some pretty positive economic numbers lately, which has had an effect on…