Technical Analysis USD/JPY – 22.08.2024 Rami Abu-Draa Aug 22, 2024 6 The USDJPY MACD indicator shows a divergence that could push the market higher. As we see on the chart, the market is facing support around 144.40…
Technical Analysis GBP/USD – 22.08.2024 Rami Abu-Draa Aug 22, 2024 7 GBPUSD broke above the target of 1.3050-70. Intraday levels show the first resistance at around 1.3150 which could create a trading zone toward the…
Technical Analysis EUR/USD – 22.08.2024 Rami Abu-Draa Aug 22, 2024 16 The Euro met the target of 1.1140 and managed to hit a few pips above that resistance. As we see on the Intraday chart, the market now faces the…
Fundamental Analysis Fed Moves Toward Federal Reserve Rate Cut David Kindley Aug 22, 2024 23 With America's annual inflation falling to a 3-year low, the Fed is looking more likely than ever to begin cutting rates. Since the beginning of the…
Fundamental Analysis Japan Inflation and BOJ’s Ueda Speech Daniel John Grady Aug 22, 2024 36 The yen seems to have finally stabilized and taken a generally slight strengthening bias, which has left the USDJPY generally trending lower. But…
Technical Analysis Intraday Analysis 22.08.2024 David Kindley Aug 22, 2024 19 GBP/JPY stuck sideways The pound bounced back after the recent bearish rally, which saw over 1000 pips wiped off the valuation of the pair. A…
Technical Analysis Oil Continues to Drop as Global Tensions Rise! David Kindley Aug 21, 2024 19 Oil Continues to Drop as Global Tensions Rise! Crude oil broke $73 per amid demand worries and rising geopolitical tensions. With Gold holding its…
Fundamental Analysis FOMC Minutes and Jackson Hole: The Great Disappointment? Daniel John Grady Aug 21, 2024 19 Normally, the FOMC minutes impact are the highlight of the week. But, the market is unlikely to ignore them when they come out on Wednesday as they…
Fundamental Analysis What Next after Gold Surpasses $2500? Orbex Aug 21, 2024 38 Another day, another record, it seems, for gold as prices reached another milestone after gold surpasses $2500. It has been a year to remember, as…
Technical Analysis Intraday Analysis 21.08.2024 David Kindley Aug 21, 2024 20 US 30 Index moves towards 41K The US 30 Index (Dow Jones) bounces as stocks recover across the board. The recent sell-off saw many buyers bail out,…