Gold has hit a new record, up $52 to $3638 as it’s gone parabolic since breaking the April-Sept range. The chart pretty much speaks for …
Category: Technical Analysis
The USDCHF has been grinding steadily lower today after an early test of resistance in the Asian session. The pair briefly pushed up to 0.79948, …
The GBPUSD extended to a fresh high not seen since August 18, with the latest peak reaching 1.35558. That move briefly surpassed Friday’s post-employment high …
The USDJPY surged in early trading following the resignation of Japan’s Prime Minister Ishiba over the weekend. From Friday’s close at 147.382, the pair spiked …
The EURUSD is seeing a modest bounce from Friday’s closing levels. Recall that the pair surged sharply on Friday but gave back some of those …
The USD is mostly lower to start the US trading day/week (the exception is the vs the JPY after Prime Minister Ishiba’s resignation) after the …
Fundamental Overview Crude oil looked set for a rally into the 70.00 level last week after some key technical breakouts but eventually dropped all the …
Fundamental Overview Gold jumped into a new all-time high on Friday following another soft NFP report. The dovish bets on the Fed increased as a …
Background from Friday: Wall Street whipsawed on NFP: an initial “good-news” rally on increased rate-cut odds gave way to recession worries, leaving the S&P 500 …
Background from Friday: Wall Street whipsawed on NFP: an initial “good-news” rally on increased rate-cut odds gave way to recession worries, leaving the S&P 500 …