Weekly forex data: elections and covid-19 cases in focus
The spike in covid cases around the world over the weekend has led to nervousness in many markets. This week’s focus is also the runup to the American elections.
XAU
Technical analysis of XAUUSD
Gold has continued to move up this week as new measures are considered against covid-19’s economic effects around the world. Check out important areas on XAUUSD H4 here.
Technical analysis of XAUUSD
Despite the current return to ‘risk on’, gold has made gains so far this week in the environment of record loose monetary policy. This TA looks at XAUUSD H4 plus futures.
Weekly forex data: the Fed and BoE in the spotlight
This week’s most important regular release is claimant count change tomorrow morning, but eyes are also on the meetings of the FOMC and BoE on Wednesday and Thursday.
Technical analysis of XAUUSD
Gold has held around the lower end of its recent range so far this week as risk appetite has improved even though the dollar remains week. This TA looks at XAUUSD H4.
Tips for traders, 1 September 2020
Gold’s recent volatility within its range gives trades opportunities in both directions if they’re careful to manage risk.
Weekly forex data: the RBA’s meeting and the NFP
The dollar has declined in the aftermath of Jackson Hole and gold returned to strength. This week’s key events include the RBA’s meeting and of course the NFP on Friday.
Technical analysis of XAUUSD
Gold has moved back up this week although with lower momentum as the dollar has generally stabilised. Today’s TA requested by Xolile Mnisi looks at XAUUSD H4.
Tips for traders, 11 August 2020
The recent spate of profit-taking around gold’s latest highs makes new buys risky. For short-term traders, though, there are still opportunities in both directions.
Tips for traders, 6 August 2020
Both gold and bitcoin have recently achieved new highs and look likely to continue upward sooner or later. These tips consider what’s been happening and why plus how traders might react.