Technical Analysis Intraday Analysis – USD Rises, Dow Momentum Holds David Kindley Feb 8, 2024 25 US 30 not slowing down The Dow Jones maintains its upward momentum, defying any signs of slowdown. The recent 500-point surge encountered robust…
Fundamental Analysis US and Global Trade Balances: More Upside for Dollar? Daniel John Grady Feb 7, 2024 34 As the global economy loses dynamism, the lack of growth isn't evenly distributed. That means some currencies stand to gain, while others lag. The…
Technical Analysis Intraday Analysis – EURUSD Struggles Against USD Dominance David Kindley Feb 7, 2024 42 EURUSD drops another 100 pips The US dollar continues to soar after January’s jobs report far exceeded estimates. The pair broke through the…
Fundamental Analysis China Stock Crash: Commodity Currency Impacts Daniel John Grady Feb 6, 2024 39 The China stock market has lost over $7 trillion in value in the last year, a shocking amount even for the second largest economy in the world. It's…
Technical Analysis Indices Decline as Bonds Rise! David Kindley Feb 6, 2024 31 Indices fell on concerns that the Fed may not cut rates as much as expected. Jerome Powell reiterated comments, suggesting a March rate cut was…
Technical Analysis Intraday Analysis – USD Pushes the Boundary David Kindley Feb 6, 2024 27 GBPUSD breaks support The pound fell through the floor as NFP data saw a strong move for the USD. The near-term outlook supports the recovery theme…
Technical Analysis NFP Wipes $60 Off Gold! David Kindley Feb 5, 2024 27 Gold starts the new week with a downturn as the Dollar pushes on. The NFP report is hotter than expected, so price action remains bearish.…
Fundamental Analysis Does The January Barometer Carry Over to Forex? Daniel John Grady Feb 5, 2024 117 There is a saying among equity traders: "As goes January, so does the year." Meaning that if stock markets rise in January, typically the rest of the…
Technical Analysis Intraday Analysis – USD Continues Bull Run David Kindley Feb 5, 2024 32 EURUSD under renewed pressure The pair plunged after a progressive NFP raised hopes that the Fed could begin rate cutting sooner rather than later.…
Technical Analysis The Week Ahead – Time for a Rebound David Kindley Feb 2, 2024 41 AUDUSD drops with decreased risk appetite The Australian dollar fell through a significant support zone as the market remains risk-off. The US…