Technical Analysis Intraday Analysis – USD Begins Fightback David Kindley Jul 3, 2024 18 The EURUSD pair gives up gains The EURUSD pair saw a sharp turnaround after mixed manufacturing data came out of America. The downward momentum has…
Technical Analysis Dow Jones – 02.07.2024 Rami Abu-Draa Jul 2, 2024 7 The Dow managed to sustain trades above the 38900 support and managed to rebound toward 39450. As we see on the Intraday chart, the first support is…
Technical Analysis Gold – 02.07.2024 Rami Abu-Draa Jul 2, 2024 11 Gold is still holding in our expected trading zone between the support 2315-18 and resistance 2355-58. The market managed again today to retreat and…
Technical Analysis Crude Oil – 02.07.2024 Rami Abu-Draa Jul 2, 2024 5 Crude Oil managed to meet the target at the 83.00-60 zone. As projected yesterday and as we see on our previous chart, if prices remain below 83.60,…
Technical Analysis USD/JPY – 02.07.2024 Rami Abu-Draa Jul 2, 2024 3 As we mentioned last week, USDJPY managed to break above the 160.00-20 resistance zone which kept the uptrend wave going with prices reaching a 161.73…
Technical Analysis GBP/USD – 02.07.2024 Rami Abu-Draa Jul 2, 2024 10 As projected yesterday and as we see on our previous chart, the GBPUSD pair still shows a chance for a rebound toward 1.2740-60, should the market…
Technical Analysis EUR/USD – 02.07.2024 Rami Abu-Draa Jul 2, 2024 12 We look towards our previous outlook for the EURUSD for the past few weeks as see on our previous chart. The Euro yesterday advanced toward the first…
Fundamental Analysis Global Trade Update: Slowing Economy? Daniel John Grady Jul 2, 2024 19 After the events of the last week in global politics, it seems that risk aversion is back in vogue. Interest rates in both the US and Europe trended…
Technical Analysis Gold Awaits FOMC & NFP David Kindley Jul 2, 2024 13 Gold remains stagnant after bouncing away from the £2300 support level. With major fundamental news events occurring this week, could there be…
Technical Analysis Intraday Analysis – JPY Stays Under Pressure David Kindley Jul 2, 2024 5 USDJPY multi-decade high The Japanese yen remains pressured after the pair broke another fresh high. The bullish bias stays intact as the pair…