Global PMIs: Answering the Rate Decision Riddle
Wednesday sees the release of a series of data points from around the world that typically have an impact on the…
Technical Analysis
Dow Jones – 22.07.2024
The Dow managed to break below the first support of 40500-50 while market still facing a second support around the…
Gold – 22.07.2024
Gold managed to print a 2393 low last week while the market still holds trades above the second support 2388.
We…
Crude Oil – 22.07.2024
Crude Oil managed to have another drop as the market pushed below the resistance 82.50.
The market managed to meet…
USD/JPY – 22.07.2024
USDJPY managed to hold below the resistance 157.90-158.15 and managed today to break below the first support…
GBP/USD – 22.07.2024
We look to our previous outlook for the last few weeks as the GBPUSD managed to test the support of 1.2900 last…
EUR/USD – 22.07.2024
We are still holding our previous outlook since last week as the Euro managed to test the support 1.0860.
As we…
Recent Posts
Intraday Analysis 19.07.2024
XAUUSD continues higher
Gold continues to grind higher to push for another record high after falling short at 2480. The gold price today remains…
Japan Inflation: More Intervention on the Way?
Japanese financial officials have finally stepped in (again) to stop the runaway weakness in the yen. But the timing and amounts involved open up some…
Gold Aims for $2500!
Gold prices bounce back to record highs, with the Fed likely to cut rates soon.
The Dollar has a day to forget after it crashed through another…
Intraday Analysis 18.07.2024
USDCHF extends the descending channel
The US dollar hit another low point as prices crashed through the 0.8900 level. The bull’s attempt at a…
Japanese Yen Analysis in 2024 and Future Forecasts
The Japanese Yen has witnessed a significant decline to its lowest levels in decades against major currencies, drawing attention to the Bank of Japan…
ECB Rate Decision: Pause for Effect
The last time the ECB met, the result was what the headlines called a "hawkish cut". That's because the easing was widely expected, and was followed…
Gold Sets Another Record as Fed Hints at Rate Cut!
Gold wasn't the only asset to hit a record high, as US Indices all hit fresh highs.
With the Fed looking likely to begin cutting rates soon, what…
Intraday Analysis 17.07.2024
XAGUSD consolidates gains
Silver remains cautious even though a weaker US dollar boosted the demand for precious metals. A surge above June’s high…
Economic Calendar
