Stocks not liking higher bond yields

While we’ve all been glorifying in the unending record peaks in stocks markets, bond yields have been trying to move higher. Since mid-summer when...

Bitcoin and gold fall bring back interest to the dollar

On Tuesday, the dollar added around 0.5% to a basket of the six most popular currencies on turbulence in some market sectors. The “buy...

Platinum Wave Analysis – 7 September, 2021

• Platinum reversed from resistance area • Likely to fall to support level 965.00 Platinum recently reversed down from the resistance area located between the pivotal...

Trade of the Week: EUR to react to ECB’s tapering cues

The 1.190 level has been a tough nut to crack for EURUSD bulls. On two separate occasions so far this quarter, the world’s most-traded currency...

Gold Wave Analysis – 6 September, 2021

• Gold reversed from resistance area • Likely to fall to support level 1800.00 Gold recently reversed down from the resistance area located between the pivotal...

Key events this week: Hawkish ECB meeting could spur more euro...

The European Central Bank has a policy meeting this Thursday, with the euro poised to react to the central bank’s commentary about when it...

GBPUSD Wave Analysis – 3 September, 2021

• GBPUSD broke resistance area • Likely to rise to resistance level 1.3960 GBPUSD recently broke the resistance area lying between the resistance level 1.3800 (top...

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