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Analysis Technical analysis

The Daily Markets Watch: GOLD, GBPUSD & EURUAD (30.12.2021)

Gold has returned within the longer-term descending channel following a rejection at the 50% Fibonacci retracement at $1815. However, the short-term bull case remains afloat as traders keep scooping the recent 0.40% declines. The pound remains under pressure intraday as the dollar seems to be pushing higher across the board. 0.30% lower but currently sitting […]

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Analysis Market overview

Top Market Opportunities 06.12.2021 – 10.12.2021

All Eyes on Friday’s CPI Since Fed’s U-Turn As the new virus continues to raise uncertainty for global economies Fed’s Chair decided to shift the rhetoric from transitory to hawkish, indicating that the committee’s focus has shifted from growth concerns to inflationary pressures. Powell’s hawkish message was detrimental for stocks as he hinted at earlier […]

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Analysis Market overview

Top Market Opportunities 29.11.2021 – 03.12.2021

Investors Eye Wage Growth for Hints at Inflation Admittedly, investors’ quest for safety transpired in the markets last week as the Omicron variant shook every last bit of confidence away ahead of Christmas. The new covid originating from South Africa forced several countries to ban travel to seal themselves from contacting the most transmissible variant […]

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