by David Kindley | May 13, 2025 | Tecchnical Analysis
Dollar Jumps as Trade Deal Flourishes! Gold fell further after the US and China agreed to lower tariffs on each other’s products. Even though this deal is only for 90 days, the greenback jumped higher as talks of a recession faded. Timestamps XAUUSD 00:25 DXY 01:55...
by David Kindley | May 13, 2025 | Tecchnical Analysis
NAS100(Nasdaq) begins to rebound The NAS100(Nasdaq) continues its long-term recovery as prices firmly move away from the 16500 floor from last month’s sell-off. The near-term outlook remains upbeat after the price cleared the 20000 barrier. Some consolidation could...
by David Kindley | May 12, 2025 | Tecchnical Analysis
WTI crude(USOIL) attempts to rebound WTI crude(USOIL) continues its choppy move higher as prices remain pressured after geopolitical tensions still linger. From the chart’s perspective, the current move added over $5 to the value but is yet to stabilise with a...
by David Kindley | May 9, 2025 | Tecchnical Analysis
USDCAD (Canadian dollar) finding support The USDCAD (Canadian dollar) lost a bit more ground to its neighbour as last week’s Fed decision kept the greenback elevated. Fed Chair Jerome Powell set a muted tone on whether there would be any rate cuts this year as Trump’s...
by David Kindley | May 9, 2025 | Tecchnical Analysis
UK100(FTSE) hits resistance The UK100(FTSE) maintained its bullish stance as prices remained above the 8500 level. The recent rally has put the index back right under this month’s high after bouncing towards 8600. A continuation could signal a move to a fresh peak...
