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The last six days have been a choppy affair for the NQ100_m with prices trading in a downward-sloping range on the daily charts. However, we see a bullish flag formation in play after the initial rally from August 25th.
Gold bulls reign supreme after conquering $2000 level
Gold prices held above the psychological $2000 level on Wednesday, hitting levels not seen in 13 months thanks to a weaker dollar and speculation around the Fed’s tightening cycle nearing an end.
Dollar downside halted as China Covid concerns deepen
The risk-off mood from the new surge in Covid infections in China saw a bid in the greenback. This offset the Fed speakers on the wires who were less hawkish than recent chatter.
A sense of deep unease rippled through financial markets on Tuesday as concerns over the global growth outlook and geopolitical threats left investors on edge.
Trade Of The Week: EURUSD Poised To Settle Below Parity?
If you are not already keeping a close eye on the euro, then what are you waiting for? The currency hijacked market headlines last week after hitting parity for the first time in 20 years!
The last six days have been a choppy affair for the NQ100_m with prices trading in a downward-sloping range on the daily charts. However, we see a bul...
Nasdaq 100
SMA
EMA
Federal Reserve
tech stocks
Technical Analysis
Gold prices held above the psychological $2000 level on Wednesday, hitting levels not seen in 13 months thanks to a weaker dollar and speculation arou...
The risk-off mood from the new surge in Covid infections in China saw a bid in the greenback. This offset the Fed speakers on the wires who were less ...
US Dollar
DXY
Covid-19
China
safe haven
Federal Reserve
rate hikes
inflation
Fed speak
FOMC
Crude Oil
OPEC+
Recession
A sense of deep unease rippled through financial markets on Tuesday as concerns over the global growth outlook and geopolitical threats left investors...
Federal Reserve
inflation
GBPUSD
Gold
Treasury yields
If you are not already keeping a close eye on the euro, then what are you waiting for? The currency hijacked market headlines last week after hitting ...
ECB
EURUSD
Federal Reserve
inflation
Rates
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