Bitcoin: Big Correction Ahead
Bitcoin has gained more than 60% since the middle of July and reached $50.000.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
Best Stock to Trade During Upcoming Weeks
Netflix stock is one of those which underperformed during the first half of 2021, and it looks like it’s time to catch up.
USD and S&P 500 will Choose the Direction
This week is full of important news, starting with PMIs in the key economies, with Jackson Hole Symposium as a cherry on the top.
Gold Trade Update
Daily Chart 4H Chart Gold began the week higher breaking multiple resistance areas, including 1780 followed by 1800 and closed yesterday's trading above 1800 for the first time since the flash crash that happened few weeks ago…
Pound Sterling’s Foggy Future
Weaker recoveries were seen in both the UK manufacturing and service sectors, with the latter recording the greatest loss of momentum since July.
Gold Holding Well Above 1775
Gold Daily Chart Throughout last week’s trading, gold traded within a tight range, but it also managed to hold well above its 1775 support area until the end of the week, while the technical indicators has improved over the past few days, including…
USD Resistance Remain Solid
Daily Chart The US Dollar Index tried to break above 93…
Can Crypto Market Predict Gold Movements?
What happened? Gold and cryptocurrencies demonstrate a correlation since 2021…
What will move the market on August 23-27?
After an extremely volatile week in the markets, traders await the next steps of the USD and stocks. What drivers will move the assets next week? Lets’ find out!
US Weekly Jobless Claims Fall to 1-1/2-Year Low
The US economic releases came in with much better than expected today, adding further evidence for the Federal Reserve, a day after the FOMC Meeting Minutes…
USD/ZAR Broke Above 15.00. Will It Rally Further?
The fresh resurgence of Covid-19 cases and Fed’s Meeting Minutes drove USD/ZAR above the psychological mark of 15.00.
Brent and S&P500 Trade Idea for the Upcoming Week
The latest minutes of the Federal Reserve’s meeting showed most Fed officials agreed they could start slowing the pace of bond purchases later this year given the progress made toward inflation and employment goals.
