In this week’s market overview and forecast: Will the dollar bulls have enough reasons to keep pushing to higher levels? FED chairman Powell to give us some hints about the rate cuts in July? CAD to continue the bullish move? specially after the BOC statement and the press conference, BOC still not have many reasons…
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In this weeks overview: Trump says China trade talks ‘back on track,’ new tariffs on hold, how will that affect Gold and USD. Russia Completes Its OPEC Takeover With Deal With Saudis. Oil to continue higher or are we getting a reversal at the key structure level Oil trading at? Trump Meets Kim, Becomes First…
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US Dollar Index in a bearish mode now? Gold broke above key multi months resistance zone, USDJPY Analysis it broke below key support area at 108.00, EURUSD broke below the daily 200 moving average forecasting a possible bearish continuation. AUDUSD, GBPUSD and NZDUSD analysis showing a possible reversal to bullish tend. How we can use…
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Gold broke above a multi year high last week closing the week a couple of ticks below $1400. This is a major break out on the weekly time frame and if the monthly candle also close above the multi year resistance at 1370 this will give the bulls a boost to try and reach next…
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US Dollar Index DXY broke it 200 DMA (daily moving average) and a major trend line that been acting as support. This is the first time the DXY trade below it 200 DMA since the break above it back in May 2018. This now may give bears more confidence to keep pushing down to complete…
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