Technical Analysis Dow Slips as Nasdaq Hits Another Record! David Kindley May 29, 2024 8 The Nasdaq hit another record high following strong performances from Nvidia and Tech stocks. With the Dow slipping even further lower, will we see…
Technical Analysis Intraday Analysis – Gold Remains Pressured David Kindley May 29, 2024 23 XAUUSD tests demand zone Gold corrected after reaching oversold levels as prices ventured towards the $2300 area. The metal is now testing the 2335…
Technical Analysis Bitcoin Buying the Rumour as it Hunts for $70K! David Kindley May 28, 2024 7 The Bitcoin remains in a bullish continuation pattern as price action looks for another record. With Ethereum also moving higher in recent…
Fundamental Analysis China May PMIs: Good News for Commodities? Daniel John Grady May 28, 2024 20 There is a lot of anticipation ahead of China's May PMI readings, particularly given its effect on commodity currencies. After the blowout first…
Technical Analysis Intraday Analysis – Dow Drops 600 Points! David Kindley May 28, 2024 13 The Dow Jones (US 30) attempts to rebound The Dow Jones tumbled over 600 points as Boeing shares dropped over 7% in recent trading. The index is…
Technical Analysis Gold Drop $100 as Sell-Off Begins! David Kindley May 27, 2024 16 Gold Drop $100 as Sell-Off Begins! After the yellow metal shed over $100 on its price, traders can now see some light at the end of the tunnel.…
Fundamental Analysis US, Japan and German April Consumer Confidence: Rebound Daniel John Grady May 27, 2024 28 Central banks are finalizing the latest data checks to see when (or, in some cases, if) they can start easing. That includes close scrutiny of…
Technical Analysis Intraday Analysis – GBP On the Road to Recovery David Kindley May 27, 2024 17 GER 40 begins correcting The Equities have seen a pullback in recent sessions as many have fallen from their record peaks. The Dax 40’s drop below…
Technical Analysis The Week Ahead – Closing the Gap David Kindley May 24, 2024 24 SPX500 hitting another record The SPX500 pushed to another fresh high as AI stocks continued to propel the market. Nvidia reported Q1 earnings that…
Fundamental Analysis US Durable Goods and the Elusive Fed Rate Cut Daniel John Grady May 24, 2024 31 US Durable Goods and the Elusive Fed Rate Cut The markets appear to be becoming increasingly comfortable with the idea that the US has avoided a…