Tag: technical analysis

Technical analysis is a discipline where traders use different tools and indicators to try to predict or prepare for price movements of any asset. Our traders use technical analysis regularly to bring the best analysis directly to you.
Gold respects $2,000 resistance for now – can it smash through?

Gold respects $2,000 resistance for now – can it smash through?

Gold could pause its rally as investors now anticipate the Fed’s monetary policy meeting, which can go either way.
GBP/USD is on the rise – will the new macrodata elevate it even more?

GBP/USD is on the rise – will the new macrodata elevate it even more?

Sterling is edging higher in the battle against the US dollar. New data from Fed and BoE may tip the scales towards the pound.
Oil set for the most significant weekly decline in multiple months

Oil set for the most significant weekly decline in multiple months

A very bearish week for oil is set to end with further losses on Friday. Where can the black gold be heading after the weekend?
Bitcoin aims for $30,000 – uptrend still in play

Bitcoin aims for $30,000 – uptrend still in play

The recent downfall in the banking sector helped Bitcoin thrive, sending it to its highest level since June 2022.
Natural gas is rebounding slowly after a few days of losses

Natural gas is rebounding slowly after a few days of losses

Natural gas may yet have the last word as it starts rebounding. Will newly increased US production status keep prices low?
Oil falls amid rising yields – US inflation is out

Oil falls amid rising yields – US inflation is out

It looks like oil could return to the $70s as a large technical formation might signal further losses.
Oil spikes after hot US jobs data

Oil spikes after hot US jobs data

Volatile oil trading was observed after this week’s headline US macro data.
Gold is aiming for direction fueled by jobs data

Gold is aiming for direction fueled by jobs data

Traders are fighting for direction as gold awaits crucial jobs data. NFP will shed some light to the future of hiikes.
Silver might be in a good spot – if you look at the bright side

Silver might be in a good spot – if you look at the bright side

Powell's testimony may bring some good market opportunities. Silver might be one of them.
Natural gas massacred amid warmer forecasts

Natural gas massacred amid warmer forecasts

Natural gas plunged sharply as weather forecasts undermined the recent bullish case.