Technical Analysis Intraday Analysis 15.07.2024 David Kindley Jul 15, 2024 21 USDCAD tests major support The Canadian dollar advanced over the greenback after CPI data almost confirmed the Fed will cut rates in September. The…
Technical Analysis Dow Jones – 12.07.2024 Rami Abu-Draa Jul 12, 2024 23 The Dow managed to sustain an advance as we advised before and managed to meet the target of 39750 and above. As we see on the chart, prices are…
Technical Analysis Gold – 12.07.2024 Rami Abu-Draa Jul 12, 2024 40 Gold managed to sustain an advance and yesterday met the target 2315-30. As we see on the chart, the market is facing the first Intraday support…
Technical Analysis Crude Oil – 12.07.2024 Rami Abu-Draa Jul 12, 2024 10 Crude Oil failed for the second time to obtain a daily close above the resistance of 83.60 while maintaining prices below the downtrend line. The…
Technical Analysis USD/JPY – 12.07.2024 Rami Abu-Draa Jul 12, 2024 3 USDJPY managed correct as we saw before and managed yesterday to meet the target of the 157.60-90 zone. As we see on…
Technical Analysis GBP/USD – 12.07.2024 Rami Abu-Draa Jul 12, 2024 21 GBPUSD managed to sustain an advance as predicted before and managed yesterday to break above the 1.2890 resistance. As we see on the chart, the…
Technical Analysis EUR/USD – 12.07.2024 Rami Abu-Draa Jul 12, 2024 9 As projected last Friday and as we see on our previous chart, the market is facing a resistance trend on the Triangle formation around 1.0890-1.0915.…
Technical Analysis The Week Ahead – Push the Button David Kindley Jul 12, 2024 17 XAUUSD looks to regain momentum The precious metal market holds firm as weak employment data pushes the odds of the Fed cutting rates in their…
Fundamental Analysis Chinese Q2 GDP and Communist Party Third Plenum Daniel John Grady Jul 12, 2024 36 Chinese Q2 GDP and Communist Party Third Plenum The week of July 15 will start with a major focus on China. Given the size of the country and the…
Technical Analysis Intraday Analysis 12.07.2024 David Kindley Jul 12, 2024 28 GBPUSD breaks resistance The pound advanced as the BoE hinted that rate cuts were coming. A new high above 1.2840 suggests a bullish continuation…