Fundamental Analysis US CPI: How Many Rate Hikes? Daniel John Grady Jan 10, 2024 45 At the end of last year US equities pushed higher, with the S&P 500 almost scoring a new record high. That came at the expense of a weaker dollar,…
Technical Analysis Intraday Analysis – CAD Begins Turnaround David Kindley Jan 10, 2024 30 USDCAD eyes bearish divergence The Canadian dollar witnessed an uptick after bouncing away from the 1.32 level. From the chart perspective, the…
Fundamental Analysis US, China, Others: The Trade Balance Week Daniel John Grady Jan 9, 2024 29 As investors try to figure out if there will be a global recovery, and how fast it will be, this week we have a series of trade balance releases.…
Technical Analysis Another Downturn for Gold as $2K Becomes Support David Kindley Jan 9, 2024 33 Gold prices have trended lower so far this year, with some pessimism still lingering over the Fed. With inflation still hanging over the economy,…
Technical Analysis Intraday Analysis – USD Holds Onto Gains 09-01-2024 David Kindley Jan 9, 2024 21 USDCHF begins fightback The US dollar consolidates gains as the market looks ahead to the upcoming CPI data. The pair continues its way up after…
Fundamental Analysis Middle East Crisis Could Keep ECB, BOE From Cutting Daniel John Grady Jan 8, 2024 32 The ongoing conflicts in the Middle East continue to threaten shipping despite efforts by Western nations to secure passage through the Red Sea. The…
Technical Analysis Intraday Analysis – Gold Looks for Direction 08-01-2024 David Kindley Jan 8, 2024 78 XAUUSD aims for $2K support Gold retraced its NFP spike as price action continued lower. The solid job numbers saw bulls move in before settling…
Fundamental Analysis Is 2024 the Year for Gold? Daniel John Grady Jan 5, 2024 99 There seem to be several events packed into the coming 12 months that could make gold very interesting for investors. An unusually high number or risk…
Technical Analysis Intraday Analysis – GBP Remains Bullish David Kindley Jan 5, 2024 38 GBPUSD bounces back The pound has seen firm gains against the dollar as it approaches multi-month highs. With price action continuing in a bullish…
Fundamental Analysis US December NFP: Cooling the Fed? Daniel John Grady Jan 4, 2024 43 Markets are pricing in an expectation that the upcoming jobs report in the US will maintain the trend favoring the Fed easing up sooner than later.…