The “Trump Trade” and US Data This Week
The attempted assassination of former US President and presidential candidate Donald Trump on Saturday had an…
Technical Analysis
Dow Jones – 15.07.2024
As we see on the chart, the Dow seems to be building an uptrend channel with Intraday resistance at 40320-50.…
Gold – 15.07.2024
As we see on our previous chart, Gold managed to sustain trades above the support of 2392-95 and rebounded toward…
Crude Oil – 15.07.2024
Crude Oil failed for the second time to obtain a daily close above the resistance of 83.60 while maintaining trades…
USD/JPY – 15.07.2024
As we saw last week and on our previous chart, the USDJPY pair held below the resistance of 159.65 and hit a…
GBP/USD – 15.07.2024
The GBPUSD pair managed to sustain an advance as previously predicted and last week broke above the 1.2890…
EUR/USD – 15.07.2024
As we predicted two weeks ago and as we see on our previous chart, the market is facing a resistance…
Recent Posts
US June SPI: Make or Break the Rate Cut
Today could see the release of the most important data of the week, if not the whole month. After Fed Chair Jerome Powell's testimony before Congress…
Intraday Analysis 11.07.2024
USDJPY looking for another high
The Yen stopped short of overturning a lift against the dollar as the pair rose towards another high. According to…
UK GDP: End of the Cable Rise?
So far, the pound has been one of the winners of the General Election. Cable has generally been higher over the course of the campaign, as polls…
Intraday Analysis 10.07.2024
EURUSD covers the weekend gap
The Euro managed to get back on track after the recent French Elections saw a drop in price action. The pair…
What to Watch Out For in Powell Testimony
What to Watch Out For in Powell Testimony
Markets are on tenterhooks for two major events in the US over the next few days. One of them is a…
Gold & Oil Slide as Corrections Begin!
Gold & Oil Slide as Corrections Begin!
WTI dropped from a two-month high with the fear that this year’s hurricane season will be the worst.…
Intraday Analysis 09.07.2024
NZDUSD( The Kiwi) breaks higher
The US dollar fell on the back foot after the Kiwi rallied further. A move above the previous swing high of 0.6120…
Is It Time for Gold to Take Off?
Last week, gold trended higher in the wake of weaker US data. It wasn't just gold, but the whole of the base metals complex were upbeat as well, with…
Economic Calendar
