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Month: July 2023

Cryptocurrencies

Gold is Correcting, Not Reversing. Here’s Why

The US dollar has risen for the 6th consecutive session, weighing on gold. However, this corrective pullback now highlights gold’s internal strength. Over the last week, gold fell 1.2% to $1953, erasing the rally of Read more…

By , 2 years ago July 25, 2023
Cryptocurrencies

Gold is Correcting, Not Reversing. Here’s Why

The US dollar has risen for the 6th consecutive session, weighing on gold. However, this corrective pullback now highlights gold’s internal strength. Over the last week, gold fell 1.2% to $1953, erasing the rally of Read more…

By , 2 years ago July 25, 2023
Cryptocurrencies

Gold is Correcting, Not Reversing. Here’s Why

The US dollar has risen for the 6th consecutive session, weighing on gold. However, this corrective pullback now highlights gold’s internal strength. Over the last week, gold fell 1.2% to $1953, erasing the rally of Read more…

By , 2 years ago July 25, 2023
Cryptocurrencies

Gold is Correcting, Not Reversing. Here’s Why

The US dollar has risen for the 6th consecutive session, weighing on gold. However, this corrective pullback now highlights gold’s internal strength. Over the last week, gold fell 1.2% to $1953, erasing the rally of Read more…

By , 2 years ago July 25, 2023
Cryptocurrencies

Markets Steady Ahead of Fed and ECB, China Stimulus Promise, Unilever Rallies after Results

It’s been another relatively flat session for equity markets, with investors seemingly having one eye on the Fed and ECB later in the week despite a strong showing in Chinese stocks earlier in the day. Read more…

By , 2 years ago July 25, 2023
Cryptocurrencies

AUD/CAD recovering, head and shoulder in the making?

AUD/CAD is one of the top movers today, riding on Aussie’s broad based recovery. Immediate focus is on 55 4H EMA (now at 0.8191). Sustained trading above there will indicate that the pull back from Read more…

By , 2 years ago July 25, 2023
Cryptocurrencies

China Stimulus Hopes Lift Sentiment But Caution Lingers

The mood across Asian markets brightened on Tuesday as China’s pledge to shore up its weak economy lifted sentiment and boosted Chinese shares. European markets opened on a steady note, drawing support from Asia but Read more…

By , 2 years ago July 25, 2023
Cryptocurrencies

China Stimulus Hopes Lift Sentiment But Caution Lingers

The mood across Asian markets brightened on Tuesday as China’s pledge to shore up its weak economy lifted sentiment and boosted Chinese shares. European markets opened on a steady note, drawing support from Asia but Read more…

By , 2 years ago July 25, 2023
Cryptocurrencies

USD/JPY: Bulls Pausing Ahead of Fed’s Decision

Near-term action is holding in a sideways mode for the second consecutive day, after 2.1% acceleration of last Wed/Thu/Fri ran out of steam on approach to 142.00 zone (psychological / Fibo 61.8% of 145.06/137.23 fall). Read more…

By , 2 years ago July 25, 2023
Cryptocurrencies

USD/JPY: Bulls Pausing Ahead of Fed’s Decision

Near-term action is holding in a sideways mode for the second consecutive day, after 2.1% acceleration of last Wed/Thu/Fri ran out of steam on approach to 142.00 zone (psychological / Fibo 61.8% of 145.06/137.23 fall). Read more…

By , 2 years ago July 25, 2023

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  • Warner Bros. Discovery is splitting into two companies
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