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XAUUSD, “Gold vs US Dollar” Gold has formed a Hanging Man reversal pattern near the resistance level. Currently, the instrument is going by the reversal signal in a corrective wave. The pullback target could be 1950.00. After a test of the support level, the price might rebound from it and continue the uptrend. However, the […]
Daily Market Outlook, July 14, 2023 Munnelly’s Market Commentary… Asian equity markets were mostly positive in overnight trading following a favourable performance on Wall Street. Yields continued to decline, supported by the softer consumer inflation and PPI data, strengthening the case for just one more rate hike by the Federal Reserve. The Nikkei 225 remained […]
Stocks Rally on CPI Drop The Nasdaq is trading at its highest level since early 2022 this week as the index continues to rally against the backdrop of a weaker US Dollar. The index is now up almost 5% off the July lows and looks set for further gains near-term as traders continue to scale […]
Unauthorised firm details Name: MARIA FX TRADE Address: Bardsley Lane, Greenwich, UNITED KINGDOM Telephone: +27782351357 Email: [email protected], [email protected] Website: www.mariafxtrade1.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or […]
Unauthorised firm details Name: CEENAJ LOGISTICSFX Address: 4590 Block, Crescent Avenue, London, UNITED KINGDOM Website: https://ceenajlogisticfx.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the information […]
The US June CPI report left the dollar entirely defenseless, causing the US currency index to plummet to nearly 100 level: As seen in the chart, this is the lowest level since April 2022, meaning the dollar index has not been in this area for over a year. Dropping below the 101 level, the dollar […]