by David Kindley | Jun 11, 2025 | Tecchnical Analysis
GBPUSD dives lower The pound took another hit as unemployment ticks higher in the UK. After a brief move above the 1.3500 level, prices fell over 70 pips to halt the bull run. This latest psychological level is where some sellers have stepped in, and 1.3440 is the...
by David Kindley | Jun 10, 2025 | Tecchnical Analysis
US and Chinese Trade negotiators continue talks in the hope that the ongoing trade war can be settled. With the S&P moving higher, will we see a new record by Q3? Timestamps SPX500 00:35 DOW 01:55 Test your trading strategy on forex and stocks with Orbex OPEN...
by David Kindley | Jun 10, 2025 | Tecchnical Analysis
Nasdaq 100 (NAS) bounces higher The Nasdaq 100 (NAS) hits another fresh high as investors pile into AI-related stocks. A rise above the previous resistance at 21400 indicates robust buying interests as bears struggle to contain the rebound. Even though the hourly...
by David Kindley | Jun 9, 2025 | Tecchnical Analysis
Brent oil (UKOIL) remains optimistic With Brent oil (UKOIL) gearing up for another move higher, prices have seen over $3 added to the value over the past week. Bulls are striving to keep the latest bounce valid at 65.00 after the price seems to have secured a...
by David Kindley | Jun 6, 2025 | Tecchnical Analysis
The S&P(SPX 500) looking for a full recovery The S&P(SPX 500) grinds higher as last week’s underwhelming ADP and NFP job numbers raised the hopes that the Fed could act sooner rather than later with a potential rate cut. The Fed wants to see all avenues of...