by David Kindley | May 21, 2025 | Tecchnical Analysis
Gold prices jumped over $100 as the greenback fell below $100 once again. Weakness and renewed concerns over America’s fiscal health following the credit downgrade linger on. Timestamps XAUUSD 00:25 DXY 01:35 Test your trading strategy on forex and stocks with Orbex...
by David Kindley | May 21, 2025 | Tecchnical Analysis
The Dow(US30) continues choppy upturn The Dow(US30) shrugged off the latest credit downgrade to end another positive session. A move above the recent high of 42500 has put bears under pressure, and with layers of support underneath, this is likely to be a continuation...
by David Kindley | May 20, 2025 | Tecchnical Analysis
US indices continued to push higher as investors looked past Moody’s downgrade of the United States’ credit rating. With Treasury Yields falling from their peaks, will the indices get back on track to make a full recovery? Timestamps DOW 00:30 SPX500 01:50 Test your...
by David Kindley | May 20, 2025 | Tecchnical Analysis
USOIL (WTI OIL) feeling the pressure USOIL (WTI OIL) fell over 1% again as geopolitical tensions continued to simmer. The price has given up some of its monthly gains, and the bearish bias could attract more selling interest. A drop below the psychological level of...
by Rami Abu-Draa | May 19, 2025 | Tecchnical Analysis
Gold managed to hit the target zone of 3230-60 again today. As we see over the chart and as long as the market holds below the resistance of 3230-60, another drop swing toward the 3120-50 support zone has a chance. Above 3260 more advance will be expected with...
by Rami Abu-Draa | May 19, 2025 | Tecchnical Analysis
The Dow managed to meet the target of 42560 with a strong chance still ongoing toward the second target of 42835. As we see over the chart and as long as the market holds Intraday trades above 42100-200, the advance could push toward the 42835 resistance. Below 41100...
