Tips for traders, 22 June 2021
Expectations that the Fed will hike rates more quickly over the next two years have boosted the dollar to the detriment of gold. This week’s tips look at the chart of XAUUSD.
XAU
Technical analysis of XAUUSD
Participants appear to be rotating back into bitcoin from gold so far this week as the yellow metal has moved down somewhat. This TA looks at XAUUSD D1.
Tips for traders, 15 June 2021
This week’s tips focus on gold and bitcoin, both instruments remaining in focus for many traders this week with gains possibly in view for each.
Decent NFP gives some support to the dollar
Last week’s employment situation summary was somewhat positive for the dollar, helping to shore up the greenback ahead of inflation data this week. This post looks at the ESS itself plus the charts of XAUUSD and EURUSD.
Tips for traders, 3 June 2021
The increasing federal budget in the USA is likely to lead to even higher inflation, possibly boosting gold and other commodities. This week’s tips take a brief look at XAUUSD.
Technical analysis of XAUUSD
After last month’s very strong NFP, tomorrow’s data could also generate high volatility in many financial markets. This TA of XAUUSD looks at the daily chart (D1) ahead of the key job data.
Tips for traders, 6 April 2021
This week’s tips look at the potential scenarios for gold in the near future by evaluating traditional patterns.
Tips for traders, 16 March 2021
As open interest in gold has declined recently, gains appear to be less favourable in the runup to tomorrow night’s meeting of the FOMC.
Weekly forex data: stimulus progress boosts markets
The Senate’s approval of the latest stimulus package represents progress and, for markets, more positivity. Here’s a look at XAUUSD, EURAUD and USDCNH.
NFP preview: back to King Dollar?
The dollar has made gains this week in most of its pairs, but tomorrow’s NFP is a key release. This post looks at XAUUSD, GBPUSD and USDJPY.