by David Kindley | May 7, 2025 | Tecchnical Analysis
UK 100 (FTSE) bulls remain in the market The UK100 (FTSE) maintained its winning streak as it broke the 8500 level. The rally has put the index on track to test this year’s high. A continuation could signal a move to a new all-time high above 8900. However, bulls...
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...
