Gold analysis for 14.01.2022
As of 2022, the metals markets have begun on a very optimistic note, and this trend is unlikely to alter very soon. Global inflation is rising, supply is limited,...
Intraday Market Analysis – NASDAQ Struggles to Rebound
US 100 revisits major support The Nasdaq 100 faltered after an unexpected rise in US initial jobless claims. The tech index bounced off the demand zone around 15200 which...
GBPUSD analysis for 13.01.2022
GBP/USD is now attempting to break above the level, as the US dollar is losing strength versus a wide range of currencies. In this case, support is found...
Intraday Market Analysis – USD Cuts Through Support
USDCHF tests daily support The US dollar plunged after December’s CPI slowed down to from in November. Despite a swift recovery from the daily support at ,...
Meme Stock Bounce Strategy- A Low-Risk Meme Stock Strategy
Meme stocks are all about opportunity. If you play them right, you can make a massive amount of money in a short period. Play them wrong; however, then you...
EURUSD analysis for 12.01.2022
The EUR/USD pair recently attempted to break above the 0level, but was unable to generate enough momentum and retreated. A break over would open the door for...
Intraday Market Analysis – USD Under Pressure
GBPUSD rally gains traction The US dollar fell after the Fed Chair’s remark that no decision has been made on quantitative tightening. The pair showed some weakness near the...
AUDUSD analysis for 11.01.2022
AUDUSD is currently over a year into a downtrend, and the pair has declined precisely 1000 pips from peak to bottom during this time. As of December’s low, Aussie...
Intraday Market Analysis – USD Consolidates
AUDUSD attempts rebound The Australian dollar bounces back over strong retail sales in November. The pair saw bids near a previous trough (). The RSI’s double-dip into the oversold...
EURJPY analysis for 10.01.2022
A bullish trend is observable on the EURJPY chart. However, Monday’s trading will help to confirm this trading notion. The support rests at with resistance at which...