by David Kindley | Jul 18, 2025 | Tecchnical Analysis
GBPUSD drops from multi-year highs Cable bounced away from its recent double top as the Fed hints at holding rates unchanged for longer. The recent spike in inflation has not helped the pound, as the economy continues to struggle with expansion. With a strong dollar...
by David Kindley | Jul 18, 2025 | Tecchnical Analysis
(Gold) XAUUSD remains choppy (Gold) XAUUSD saw a slight lift as President Trump hinted at replacing the current Chair of the Federal Reserve, Jerome Powell. Since the market calmed down, the price is licking its wounds after failing to hold above 3340. Only a break...
by David Kindley | Jul 17, 2025 | Tecchnical Analysis
Gold had a day to remember with a spike higher as rumours that Donald Trump is looking for a new Fed Chair. With the greenback continuing higher, is a correction around the corner? Timestamps: XAUUSD 0:25 DXY 01:50 Test your trading strategy on forex and stocks with...
by David Kindley | Jul 17, 2025 | Tecchnical Analysis
Dow (US 30) dropping lower The Dow (US 30) experienced a slight pullback in its recent bull rally as investors turned their attention to recent tariff rumours. The index is still striving to hold onto its gains after lifting the key daily resistance of 44000. A fall...
by David Kindley | Jul 16, 2025 | Tecchnical Analysis
The market was in a state of shock yesterday as inflation bounced higher, leading to speculation that the Fed is not ready to begin cutting rates. With the greenback fighting back against its rivals, will the market continue correcting? EURUSD 00:30 GBPUSD 01:55 Test...