How was GOLD (XAUUSD) a victim of collateral damage? When there is a meltdown such as what happened over the four weeks in U.S. stocks, those managing funds have choices: 1) Reduce risk by exiting positions 2)...
Is Gold Ready for a Pause? As I have said many times, There is no reason to guess at a top when something is trading in unchartered waters (i.e. record highs) until charts tell you there is...
Newsquawk Week Ahead Highlights 2nd-6th December 2024 Week Ahead: 2nd-6th December 2024: Highlights include US NFP and ISM PMIs, OPEC Canada jobs, Swiss CPI and Australia GDP SAT: Chinese NBS PMIS MON: Chinese Caixin Final Manufacturing...
Is Gold Becoming the Next Major Currency? There are some articles that stand the test of time. The following is an article I wrote 10 years ago that is worth reposting. The article asks a question...
How to Trade the Current EURUSD Trend Unlike retail or day traders, large funds or “real money” traders do not have the luxury of being able to turn positions quickly. While I am not privy to...
Is the Trump Trade Back On? As we enter the last full week ahead of the US elections, polls are so tight that it is hard to see big bets on the outcome. In addition, the...
How Does a Currency Options Defense Affect the Spot FX Market? While many new forex traders think of options as binaries, traditional currency options are the ones that have an influence on the spot fx market....
Weekly FX Chart Outlook – October 21-25 Weekly FX Chart Analysis The upcoming week has a light economic calendar, especially from the US in a forex market that seems to need news to create volatility. Arguing for...
What is spot gold? Online brokers have opened the market for gold traders, who have the ability to trade spot gold similar to the way forex is traded. This offers a way to speculate on the...
Weekly FX Charts Outlook GBPUSD Weekly Charts Outlook Supports : 1.29700 , 1.27350 & 1.24850 Resistances: 1.31350 , 1.31850 & 1.32750 As long as above 1.29700 Bullish. If it can’t surmount 1.31850 next week, this might...