Nasdaq remains rangebound as traders await key US data before picking a direction
KEY POINTS: Nasdaq price action remains rangebound but with a bullish bias Pullback in Fed support turned the focus heavily towards data Reaction to negative labour market data likely to…
Read More »EURUSD Technical Analysis: Price falls to key support, Eurozone CPI and US NFP in focus
KEY POINTS: US dollar erased the Christmas week losses The Fed is still expected to cut at least twice this year, while the ECB is seen on hold EURUSD pulled…
Read More »Gold drifts lower on profit-taking, traders await US NFP release
Gold price (XAU/USD) loses momentum below $4,300 during the early Asian trading hours on Tuesday, pressured by some profit-taking and weak long liquidation from the shorter-term futures traders. Furthermore, optimism…
Read More »What are the main events for today?
In the European session, we don’t have much on the agenda as the only notable economic release will be the UK Retail Sales data. The data is not going to…
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đź”´ISM SERVICES PMI DATA 10AM! | MASSIVE NFP BEAT! | LIVE TRADING STOCK MARKET CHAOS?
Today we have huge nonfarm payrolls labor & jobs report going live here at 8:30am EST! Does the stock market close red or green today? Be sure to like &…
Read More »Gold dives from record high as US data dazzles ahead of US NFP
Gold price retreated from all-time high on Thursday as traders failed to capitalize on falling US Treasury bond yields.
Read More »USDJPY Technical Analysis – We are testing a key support zone
Fundamental Overview The strong bullish momentum in the US Dollar waned a bit in this final part of the week as we got a pullback in Treasury yields. In fact,…
Read More »Gold price jumps above $2,470 as US yileds plunge after weak US NFP
Gold price (XAU/USD) rises further above $2,470 in Friday’s American session.
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