The dollar index (DXY00 ) on Tuesday showed a small decline of -0.06% on reduced liquidity demand as the stock market fell. The dollar was unable to get much support from interest rate differentials despite...
Actionable ideas and risk management for Gold, Silver, and metals . . .
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.31%....
The downtrend may be expected to continue, while market is trading below resistance level 0.7830, which will be followed by reaching support level 0.7645
The downtrend may be expected to continue, while market is trading below resistance level 1.0320 – 1.0428, which will be followed by reaching support level 1.0134 – 1.0000 and if it keeps on moving...
Three legs down from 0.7050 to 0.6870 suggests more upside for the aussie.
Sections in this report 1) Performance Update Trading the Daily EMA 9-18 2) Performance Update Trading the Hourly EMA 9-183) Simplified trend procedure, the same rules apply for all time periods and markets.4)...
The dollar index (DXY00 ) on Monday fell by -0.17% as the 10-year T-note yield fell by -7 bp to 2.76%, undercutting the dollar’s interest rate differentials. T-note yields fell back after last Friday’s...
Actionable ideas and risk management for Gold, Silver, and metals . . .
Another instrument that we have been trading lately is (GBPUSD) forex pair. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD and explain the trading strategy. ...