by David Kindley | May 28, 2025 | Tecchnical Analysis
Dollar Breaks Higher to Recoup Losses! Gold managed to hold onto the $3300 level as the dollar pushes higher. With the FOMC meeting expected to give more clues about the Fed’s direction, will there be any further surprises from the panel? Timestamps DXY 00:25 XAUUSD...
by David Kindley | May 28, 2025 | Tecchnical Analysis
GBPUSD pushes higher Cable moved higher as the US Dollar sell-off continued across the board. From the chart’s perspective, the bias remains bullish as the pair aims to close above 1.3600. As momentum becomes slightly exhaustive after hitting a recent double top, a...
by David Kindley | May 27, 2025 | Tecchnical Analysis
Indices moved higher as President Trump agreed to delay tariffs of 50% on the EU. With this move in mind, is this a sign of things to come for the ongoing global tariff war? Timestamps DOW 00:30 SPX500 01:45 Test your trading strategy on forex and stocks with Orbex...
by David Kindley | May 27, 2025 | Tecchnical Analysis
The GER 40(DAX)hitting key resistance The GER 40(DAX) continued to recover as President Trump’s proposed EU tariffs didn’t seem to worry investors too much. The price has come off the psychological tag of 23000, where a previous strong bearish candle threatened to...
by David Kindley | May 26, 2025 | Tecchnical Analysis
The US dollar was under more pressure as President Trump remained uncertain on his trade stance. With the recent news about his plans to impose a 50% tax on the EU, gold continued its bumpy grind higher. Timestamps DXY 00:35 XAUUSD 01:50 Test your trading strategy on...
