by David Kindley | Jun 9, 2025 | Tecchnical Analysis
Brent oil (UKOIL) remains optimistic With Brent oil (UKOIL) gearing up for another move higher, prices have seen over $3 added to the value over the past week. Bulls are striving to keep the latest bounce valid at 65.00 after the price seems to have secured a...
by David Kindley | Jun 6, 2025 | Tecchnical Analysis
The S&P(SPX 500) looking for a full recovery The S&P(SPX 500) grinds higher as last week’s underwhelming ADP and NFP job numbers raised the hopes that the Fed could act sooner rather than later with a potential rate cut. The Fed wants to see all avenues of...
by David Kindley | Jun 6, 2025 | Tecchnical Analysis
USDCHF finds support The US dollar continues its recovery against the franc as prices bounced away from the recent floor. Having seemingly bottomed out near the mid-0.8100 area, the pair started to recover some lost ground. 0.8150 is the latest support, and a bullish...
by David Kindley | Jun 5, 2025 | Tecchnical Analysis
The ECB looks to cut interest rates again as inflation remains at the 2% target. With the tariff war ongoing. will the NFP results give an indication in where the Dollar is going for the rest of the month? Timestamps EURUSD 00:25 GBPUSD 01:30 Test your trading...
by David Kindley | Jun 5, 2025 | Tecchnical Analysis
Dow Jones (US30) heading for another peak The Dow Jones (US30) ignored the recent tariffs imposed on steel and aluminium as stocks spiked higher. The index reached the mis-42000 level before a slight pullback saw some sideways hesitation. With the RSI in overbought...
by Rami Abu-Draa | Jun 4, 2025 | Tecchnical Analysis
The Dow managed to meet the target of 42600-700 today. The index held above the support of 41850 and hit the targets 42435 and 42600-700. As we see over the chart, prices could head for another drop swing inside this trading zone as long as prices keep holding below...