by David Kindley | May 6, 2025 | Tecchnical Analysis
Gold extended gains as the safe haven asset was reinforced by the ongoing aggressive trade policy. The moves to impose and then pause sweeping tariffs kept the yellow metal (Gold) on course for another record high. Timestamps XAUUSD 00:30 DXY 01:25 Test your trading...
by David Kindley | May 6, 2025 | Tecchnical Analysis
Canadian dollar (USDCAD) stuck in a range The Canadian dollar (USDCAD) looks for further direction as price action remains stuck sideways. The pair remains in a long-term consolidation as 1.3770 is an important support to prevent prices from breaking lower. On the...
by David Kindley | May 5, 2025 | Tecchnical Analysis
New Zealand dollar (NZDUSD) stuck in descending channel The New Zealand dollar (NZDUSD) attempted to claw back recent losses after Friday’s NFP numbers missed the consensus. The pair has recently struggled against the greenback, which saw over 200 pips wiped off the...
by David Kindley | May 2, 2025 | Tecchnical Analysis
USDCAD remains bearish Trade tariffs have been the centre of attention in the past few months as the worries over an upcoming recession seem more and more likely. As the greenback continues its sell-off, traders have given up on a potential rebound. With a host of...
by David Kindley | May 2, 2025 | Tecchnical Analysis
Gold Slides Lower as $3000 is on the Horizon! Gold prices remained subdued after the recent tariff war looks to have settled down. With the NFP numbers coming into play today, will the Dollar index finally pop above $100? Timestamps DXY 00:20 XAUUSD 01:45 Test your...
