Technical Analysis EUR/USD – 08.07.2024 Rami Abu-Draa Jul 8, 2024 4 As we projected last Friday, the Euro managed to hit a 1.0840 high and closed at 1.0850. The chart shows the market is facing resistance on the…
Fundamental Analysis Is It Time for Gold to Take Off? Daniel John Grady Jul 8, 2024 22 Last week, gold trended higher in the wake of weaker US data. It wasn't just gold, but the whole of the base metals complex were upbeat as well, with…
Technical Analysis Euro Drops as Macron Faces Hung Parliament! David Kindley Jul 8, 2024 4 Euro Drops as Macron Faces Hung Parliament! France is facing political deadlock with elections leaving no party with a majority. With the Euro…
Technical Analysis Intraday Analysis 08.07.2024 David Kindley Jul 8, 2024 27 XAUUSD hits resistance Bullion attempts another leg higher after mixed data from Friday’s US jobs report. Even though NFP figures beat…
Technical Analysis The Week Ahead – More Record Highs! David Kindley Jul 5, 2024 27 USDCAD BoC looking for more hikes The USDCAD pair has continued decreasing due to weak US data and lower rates. The Canadian dollar maintained its…
Technical Analysis Dow Jones – 05.07.2024 Rami Abu-Draa Jul 5, 2024 20 As we see on the Intraday chart, the market is showing the first support around 39200, whereas long prices hold above it, the advance wave could…
Technical Analysis Gold – 05.07.2024 Rami Abu-Draa Jul 5, 2024 20 As projected yesterday and as seen on our previous chart, Gold hit the target at the 2353-56 zone. Prices are facing the support around the 2345-50…
Technical Analysis Crude Oil – 05.07.2024 Rami Abu-Draa Jul 5, 2024 11 Crude Oil managed to meet the target of 83.00-60 zone and retreated as expected. Should the market hold below 83.60, a correction could hit the…
Technical Analysis USD/JPY – 05.07.2024 Rami Abu-Draa Jul 5, 2024 6 As projected yesterday, the USDJPY pair dropped a few days ago and tested the support of 160.90. On the Intraday chart, should prices hold below…
Technical Analysis GBP/USD – 05.07.2024 Rami Abu-Draa Jul 5, 2024 10 GBPUSD seems prepared for further advance at the daily close above 1.2815. Prices are facing the first Intraday support around 1.2730. If prices…