GOLD on support, will it be defended? 30.06.2021

The Gold price has been moving in a downtrend after setting an ATH (All-Time-High) of $2075/oz in August last year. Currently, it is at...

Decision time for XAUUSD (Gold) 28 June, 2021

The dust (after the FOMC statement) seems to have settled. The gains that the USD made during the week of 14 June, did not...

USDJPY – a correction has begun

The USDJPY currency pair has been moving in an upward trend since May this year. The quotations took the shape of an upward...

GBPJPY – an inside bar heralds end of bearish correction?

The FOMC meeting and the Fed members' vote on US interest rates indicated the possibility of an earlier monetary policy tightening than anticipated back...

So, what about GOLD ? 21.06.21

I think it would be fair to say that at the moment, we don’t know. The FOMC declared intentions of hiking rates a couple...

After the FED… USDCAD longs suggested

The eagerly awaited FOMC meeting is behind us. We learned yesterday the Fed's stance and its plans for monetary policy in the US. Higher inflation...

The pound is more attractive than the euro. The recovery in Britain is gaining...

  A faster economic rebound in the UK than in the Eurozone and an earlier move to less accommodative monetary policy suggests a greater upside...

Is the Aussie going to have a good week?

  As I study the charts in preparation for the week of 14 June, the fact that the last week was good for the USD...

Important day for EUR and USD – ECB rate decision and CPI in USA

A quick glance at the economic calendar reveals that the forex market may be waking up a recently dormant market. Volatility fell to levels...

Platinum on a channel support

While Gold had been rising, Platinum has been on a decline recently. It did make a multi-year high on 16 Feb but fell...

GOOD TO KNOW!

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