Technical Analysis Gold Jumps $40 as FOMC Remains Cautious! David Kindley Jul 4, 2024 13 Gold has risen after FOMC projections stated that no rate cuts will happen anytime soon. Will we see record highs soon with the precious metal…
Technical Analysis Intraday Analysis 04.07.2024 David Kindley Jul 4, 2024 13 USDCHF divergence threatens to fall lower The US dollar fell from its recent high after a bearish divergence emerged on the RSI. Following a pop…
Technical Analysis Dow Jones – 03.07.2024 Rami Abu-Draa Jul 3, 2024 8 The Dow managed to sustain trades above the 38900 support and rebounded toward 39450 in the last few trading days. As we see over the Intraday…
Technical Analysis Gold – 03.07.2024 Rami Abu-Draa Jul 3, 2024 19 As seen on our previous chart, Gold is still holding in our expected trading zone between the support 2315-18 and resistance 2353-56. This…
Technical Analysis Crude Oil – 03.07.2024 Rami Abu-Draa Jul 3, 2024 5 Crude Oil managed to meet the target 83.00-60 zone and retreated as expected. If prices remain below 83.60, a correction could hit the market with…
Technical Analysis USD/JPY – 03.07.2024 Rami Abu-Draa Jul 3, 2024 9 From last week, the USDJPY pair managed to break above the 160.00-20 resistance zone which kept the uptrend wave going. So far prices have reached a…
Technical Analysis GBP/USD – 03.07.2024 Rami Abu-Draa Jul 3, 2024 4 As projected early this week and as we see on our previous chart, the GBPUSD pair still shows a chance for a rebound toward 1.2740-60, should prices…
Technical Analysis EUR/USD – 03.07.2024 Rami Abu-Draa Jul 3, 2024 12 We still holding our outlook for the EURUSD for the past few weeks as seen on our previous chart. If prices remain above the support trend zone of…
Fundamental Analysis US June NFP and FOMC Minutes Daniel John Grady Jul 3, 2024 26 The release of the minutes from the Fed's last meeting will get extra scrutiny later today, given the ambivalence on forecasts that came out back…
Technical Analysis Nasdaq Hits 20K as Tesla Jumps 10%! David Kindley Jul 3, 2024 5 Tesla sales surprised, leading to the S&P and Nasdaq hitting new closing records. With Jerome Powell saying he needs more confidence before…