by David Kindley | Jun 12, 2025 | Tecchnical Analysis
CPI data in the US rose moderately yesterday, as the ongoing tariff war is expected to fan inflation. Added to that, gold and oil spiked as US-Iran tensions began to boil over. Timestamps XAUUSD 00:30 USOIL 01:55 Test your trading strategy on forex and stocks with...
by David Kindley | Jun 12, 2025 | Tecchnical Analysis
The Dow jones (US 30) continues to rebound The Dow jones (US 30) gained further traction to complete a full turnaround as prices remain bullish. The index is still trying to preserve its strength after hitting another fresh high, which saw the 43000 level tested....
by David Kindley | Jun 11, 2025 | Tecchnical Analysis
Gold remains supported ahead of the US CPI inflation test later today. As the Dollar cheers a positive outcome of the US-China trade talks, will there be another sell-off with the yellow metal? Timestamps XAUUSD 00:30 DXY 01:45 Test your trading strategy on forex and...
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 Rami Abu-Draa | Jun 10, 2025 | Tecchnical Analysis
The Dow managed to hit the target of 42600-700 as prices broke above it last week. As we see over the Intraday chart, the market is now facing support around 42500-600, where as long as prices remain above it, the advance wave still remains towards 43200. Below 42500...
by Rami Abu-Draa | Jun 10, 2025 | Tecchnical Analysis
Gold remains below the Intraday resistance zone which is now around 3338, which still gives a chance for a drop toward 3250-70. Above 3338 the market will start to gain strength which could push prices for an advance with resistances at 3370-75 and 3400. SUPPORT...
