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...
by David Kindley | May 26, 2025 | Tecchnical Analysis
USOIL (crude WTI) looking for direction USOIL (crude WTI) continues to slide as ongoing global tensions keep the pressure on prices. A drop into the oversold territory for the RSI saw a slight bounce towards 62.00. With the round number of 60.00 acting as a fresh...
by David Kindley | May 23, 2025 | Tecchnical Analysis
EURUSD clawing back losses The euro firms up as the Fed is expected to give more hints at what direction to take at this week’s FOMC meeting. With the Fed policy dominating trader sentiment for a while now, it’s now the turn of the eurozone to see if last week’s mixed...
by David Kindley | May 23, 2025 | Tecchnical Analysis
EURUSD looks for direction The euro continued its dominance over the American dollar (USD) after the pair bounced over 300 pips higher. As sentiment remains upbeat from the medium-term perspective, the recent move could be an opportunity for bulls to sustain the...
