by SignalsFactory Staff | Apr 27, 2023 | Uncategorized
US Q1 GDP disappointment does little for GBP/USD which heads lower on the day US data picks up into the end of the week and all of next week (PCE, FOMC, ISM) US Q1 GDP DISAPPOINTMENT DOES LITTLE FOR CABLE US Q1 GDP missed estimates of 2% growth, coming in at a...
by SignalsFactory Staff | Apr 26, 2023 | Uncategorized
USD/CAD wavers after reaching a key technical resistance region, with bulls and bears fighting for control of the market USD/JPY heads lower and challenges trendline support as sellers eye a possible breakdown USD/CAD TECHNICAL ANALYSIS USD/CAD was largely flat on...
by SignalsFactory Staff | Apr 25, 2023 | Uncategorized
Gold price retreats from intraday high, fades week-start rebound. Sour sentiment puts a floor under US Dollar amid debt ceiling drama, pre-Fed consolidation. Softer US Q1 GDP, Core PCE Price Index can confirm Fed policy pivot talks and propel XAU/USD bulls. Fewer...
by SignalsFactory Staff | Apr 24, 2023 | Uncategorized
WTI oil finds support around significant long-term level, hinting at a reversal Brent crude oil turns just short of bridging the price gap created by OPEC’s surprise supply cut WTI OIL FINDS SUPPORT BEFORE CLOSING THE PRICE GAP Oil markets have mounted somewhat of a...
by SignalsFactory Staff | Apr 21, 2023 | Uncategorized
EUR/USD is showing topsy-turvy moves, following the footprints of the subdued USD Index. S&P500 futures have turned negative after headlines that China is building sophisticated cyber weapons. EUR/USD is auctioning in a symmetrical triangle pattern near the edge...
by SignalsFactory Staff | Apr 19, 2023 | Uncategorized
US 3-month Treasury Bills yield in excess of 5%. Gold is likely to test support. Will it hold? From building for a test of a new all-time high to testing prior levels of resistance in a matter of a few days, gold traders need to re-assess the reasons behind the...
