Euro strength has started to show after last week’s sharp sell-off, and there’s even a bullish candlestick formation that’s showing ahead of the Thursday ECB rate decision.
Gold reversed aggressively last week and slid down to a fresh monthly low. With the focus on the Fed and higher rates, the bearish theme may not be done just yet.
Gold prices continued to breakdown through FOMC yesterday but a lifeline appears to have shown at the 1800 handle. Can bulls hold on – or is resistance going to play-in off of 1815?
The FOMC held rates flat at today’s rate decision, but the devil is in the details and the press conference is where many are looking for clues on the Fed’s stance for the rest of the year.
Stocks posed a quick pullback this morning after a super-charged CPI release but bulls are pouncing on the bid in early-US price action. The USD put in a test of a key zone of resistance. Today’s c…
The US Dollar is holding near lows ahead of a CPI print expected to release at 40-year highs. But last month’s 7% CPI print did little to excite bulls – are we headed for a repeat?
USD/CAD is putting in an aggressive reversal after testing the 1.2800 level. Did USD/CAD just top as the Loonie bottomed? Or is this a re-load scenario?
Gold prices put in a nasty month of June but a very strong first half of July. After building an evening star last week, are bears preparing for a more pronounced re-entry?
It was an abnormally busy summer Thursday but signals are continuing to stack up that a big move may be afoot. Today we look at oil, the Yen and Bitcoin.