Gold gaps up as the week open and hit as high as 2000.73 so far. The break of 1974.32 resistance confirms resumption of rally from 1682.60. Further rally is expected as long as 1923.09 minor Read more…
Oil prices surge gap up the week and surge to highest level since 2008. Both the US and its European allies are, responding to Ukrainian President Volodymyr Zelenskyy’s request, considering to ban Russian oil imports Read more…
Australia AiG Performance of Services Index rose 3.8 pts to 60.0 in February. Looking at some details, sales rose 9.7 pts to 68.6. Employment dropped -2.0 to 54.7. New orders rose 3.2 to 61.1. Supplier Read more…
DXY: On the H4 timeframe, prices are at a recent high and approaching our pivot. We see the potential for a pullback from our 1st resistance at 99.349 in line with 127.2% Fibonacci extension and Read more…
Key Highlights EUR/USD extended decline below the 1.1120 support zone. A key bearish trend line is forming with resistance near 1.1180 on the 4-hours chart. Gold is eyeing upside break to $2,000, and oil price Read more…
Gold is clearly back in fashion thanks to the combination of forthcoming Fed hikes and the Ukraine crisis, with futures markets within easy reach of a record high. USD demand continues to dwindle: Despite multiple Read more…
It’s been a violent start to the week as the Russian/Ukraine conflict intensifies and news that the Biden administration and its allies are discussing an embargo of Russian oil. This article discusses what the spillover Read more…
Hello Fellow Traders. In this technical blog we’re going to take a look at the Elliott Wave charts charts of EURUSD forex pair published in members area of the website. The pair is trading within Read more…
The new week has started with a bang, with stocks tumbling and crude oil soaring at the Asian open overnight as traders woke up to weekend news that the US and its allies are discussing Read more…
The streaming service and the sensational social media have had their back against the wall by the Russian authorities. After a few days of procrastination, Netflix (NFLX) – Get Netflix, Inc. Report has finally made a Read more…