The Week Ahead – The Fed are in the Mood!
NAS 100 begins sliding
The Tech stocks hit a barrier as all three major American indices witnessed a pullback.…
Technical Analysis
Dow Jones – 30.08.2024
The Dow managed to break above 41000 and added more advance toward the first target of 41400 and the second target…
Gold – 30.08.2024
Gold stills hold near an all-time high.
As we see on the chart, the market still has a chance for another swing…
Crude Oil – 30.08.2024
Crude Oil manged to drop but the short-term outlook still shows a chance an advance back toward 78.80 and 81.00.…
USD/JPY – 30.08.2024
USDJPY still holds inside the downtrend channel as we projected early this week.
As we see on the chart and if…
GBP/USD – 30.08.2024
GBPUSD is still holding above support 1.3170 which the market tested in the last few days.
If prices hold above…
EUR/USD – 30.08.2024
The Euro managed to hit few pips below the support 1.1070 which could create a drop r to test 1.1040 or the…
Recent Posts
Eurozone CPI: Confirming the Rate Cut?
Eurozone CPI: Confirming the Rate Cut?
At its last meeting, the ECB kept rates unchanged, but left the door wide open for a potential rate cut when…
Bulls Continue Rally as Gold Hits Another High!
Bulls Continue Rally as Gold Hits Another High!
Gold price tested another high as the Fed almost confirmed a September rate cut.
The greenback and…
Intraday Analysis 28.08.2024
The Dow index (US 30) hitting some resistance
The Dow index retreated slightly after testing all-time highs as the Fed indicated that a rate cut is…
Dollar Crashes as Fed Remains Dovish!
Dollar Crashes as Fed Remains Dovish!
The greenback tumbled after Fed Powell’s dovish guidance on interest rates.
With the need to adjust monetary…
Australia CPI: To “Correct” the RBA?
In a somewhat unusual situation, the central bank and markets are at odds with each other in Australia, particularly about the Australia CPI data. The…
Intraday Analysis 27.08.2024
SPX500 index hitting resistance
The SPX500 index confirmed its bullish stance after a remarkable comeback from the early August sell-off. The price…
How Much Did Powell’s Speech Move the Needle?
How Much Did Powell's Speech Move the Needle?
Fed Chair Jerome Powell did what he was widely expected to do last Friday: Announce that "the time has…
Oil Opens Higher as Gold Attempts Record!
Tensions in the Middle East kept the oil prices elevated as Gold looked to reclaim another record.
With rate cuts imminent in the US, will we see…
Economic Calendar
