Technical Analysis Intraday Analysis – Dollar Rebounding Ahead of CPI David Kindley Jun 12, 2024 24 EURJPY bounces higher The euro remains choppy after the recent European elections caused a stir. On the chart, sentiment remains upbeat as the…
Technical Analysis Dow Jones – 11.06.2024 Rami Abu-Draa Jun 11, 2024 20 As mentioned last week and on our previous chart, the Dow is facing two main resistances around 38900 and 39220. If prices remain below one of those…
Technical Analysis Gold – 11.06.2024 Rami Abu-Draa Jun 11, 2024 25 Gold managed to rebound and test the resistance zone at 2312-15, which could maintain the current trading zone toward 2277 the support. Above 2315,…
Technical Analysis USD/JPY – 11.06.2024 Rami Abu-Draa Jun 11, 2024 14 USDJPY is moving on track with our expectation since last week towards the target of 158.00, as the market printed a high of 157.38. As we see on the…
Technical Analysis GBP/USD – 11.06.2024 Rami Abu-Draa Jun 11, 2024 6 In the last two weeks and as seen on our previous chart, the GBPUSD pair met the target of 1.2800 which saw a correction toward 1.2687. Should the…
Technical Analysis EUR/USD – 11.06.2024 Rami Abu-Draa Jun 11, 2024 24 As stated yesterday, the Euro fell below the support of 1.0785-95 on market open this week. Below this level, more of a drop toward 1.0700 will be…
Technical Analysis Euro Attempts to Recoup 100 Pip Loss! David Kindley Jun 11, 2024 20 The Euro continues to lick its wounds after the recent weekend gap saw 100 pips wiped off its value. With CPI data coming up, will we see another…
Fundamental Analysis US CPI and FOMC Meeting: High Volatility Day Daniel John Grady Jun 11, 2024 51 US CPI and FOMC Meeting: High Volatility Day Markets are getting set up for something like a rollercoaster tomorrow with some top rated events for…
Technical Analysis Intraday Analysis – USD Boosted by NFP David Kindley Jun 11, 2024 16 USDCAD jumps 100 pips The greenback rallied after May’s NFP job numbers exceeded expectations. The primary resistance of 1.3740 was quickly broken…
Technical Analysis Dow Jones – 10.06.2024 Rami Abu-Draa Jun 10, 2024 17 As seen in our previous chart, the Dow is facing two primary resistances, 38900 and 39220. If prices remain below this area, another drop toward 37700…