Technical Analysis The Week Ahead – Papering Over the Cracks David Kindley May 3, 2024 19 UKOIL slips over demand concerns The Oil prices remain under pressure on fears of weakening global demand. Geopolitical tension and supportive…
Fundamental Analysis Are Crude Prices Heading Lower Now? Daniel John Grady May 3, 2024 18 There has been a lot to weigh down on WTI this week, so no surprise the price has gone back to where it was back in March. Though at least in the…
Technical Analysis Intraday Analysis – Dow Jones 30 Ignores Fed Decision David Kindley May 3, 2024 13 US30 bounces back The Dow Jones 30 rallied as the Fed delivered the higher for longer approach to their interest rate. Whereas the Nasdaq and…
Technical Analysis Gold Recovers After Dropping $50! David Kindley May 2, 2024 24 Gold Recovers After Dropping $50! Gold holds the $2300 level as the focus shifts to more US data, including tomorrow’s NFP. With the greenback…
Fundamental Analysis NFP Preview: Jobs To Make the Case for No Rate Cuts? Daniel John Grady May 2, 2024 10 In the wake of the recent FOMC decision, the impact of the upcoming NFP figures might be highly contextualized. That means that what has increasingly…
Technical Analysis Intraday Analysis – USD Pressured by the Fed David Kindley May 2, 2024 22 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 10 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…