Welcome to this week’s Market Blast Technicals where we will look at EURGBP, Gold (XAUUSD), USDJPY, and USDCNH.
Read More
On Tuesday last week we covered the AUDUSD which spent the remainder of the week rallying higher regaining some of the lost ground from the previous two weeks. A week or so ago, in the face of steep falls, the AUDUSD was able to stop the bleeding and consolidate for a few days trading between 0.57 and 0.58. Given how fast it had been moving lower, the fact that it slowed right down was a positive which has now been backed up by its movement since to back above 0.61. In less than two weeks, the AUDUSD dramatically dropped sharply from around 0.66 down to an 18 year low near 0.55.
Read More
In the last two days gold has eased back towards the key $1600 level after having surged higher from three month lows around $1450. For around one week, gold traded around the key $1500 level whilst touching $1450 on two occasions threatening to move lower, however it has since rebounded well. Just prior to its surge higher, gold fell sharply from seven year highs above $1700 and its volatility has increased four times in the last few weeks, underpinning how wildly it is moving.
Read More
Gold Moving Higher.
on March 24, 2020
| By Brad Alexander
|
EURUSD,
AUDUSD,
USDJPY,
XAUUSD,
Market Blast Videos,
Gold,
USOil,
WTI,
Technical Analysis
Welcome to this week’s Market Blast Technicals where we will look at Gold (XAUUSD), US Oil (WTI), USDJPY, EURUSD, and AUDUSD.
The Sell-Off Continues
on March 23, 2020
| By Brad Alexander
|
XAUUSD,
Gold,
USDMXN,
USOil,
WTI,
Fundamental Analysis,
Market Blast,
AUS 200,
IBEX,
ES35
Welcome to this week’s Market Blast Fundamentals where we will look at Coronavirus, USDMXN, USDCAD, US Oil (WTI), Gold (XAUUSD), AUS200, and the IBEX (ES35).
Gold Sell-Off Continuing? CAD Weaker on WTI at $30
on March 17, 2020
| By Brad Alexander
|
USDJPY,
USDCHF,
XAUUSD,
USDCAD,
Gold,
USOil,
WTI,
Technical Analysis,
Crude Oil,
Fibonacci,
USDCNH,
Market Blast,
Renminbi
Welcome to this week’s Market Blast Technicals where we will look at USDJPY, USDCHF, US Oil (WTI), USDCAD, USDCNH, and Gold (XAUUSD).
Welcome to this week’s Market Blast Fundamentals where we will look at Gold (XAUUSD), US Oil (WTI), USDCAD, USDMXN, the DAX (DE30), and the FTSE 100 (UK100).
On Tuesday last week we covered the US30 index which spent the remainder of the week continuing to move back and forth sharply, exploding in volatility, however it did finish the week trading down near a 15 month low. Only two weeks ago, it rallied off the canvas having fallen so sharply to a nine month low below 25000 before rallying back up sharply to the key 27000 level, however it has since recorded its largest point drop in history as it has plummeted to a 15 month low below 24000.
Read More
In the last few days gold has eased away from seven year highs above $1700 however it remains comfortably above the key $1600 level. Throughout this year gold has enjoyed solid support from the $1550 level and even though it has been pressured a lot in that time, the support level has stood up well. This has allowed gold to push higher to the seven year high. Even two weeks ago when gold fell sharply through $1600, it was propped up by buying above the key $1550 level, reinforcing how significant this level has become, which then allowed gold to continue higher above $1700.
Read More
Welcome to this week’s Market Blast Technicals where we will look at the S&P 500, the NASDAQ, US Oil (WTI), Gold (XAUUSD), EURCAD, EURUSD and EURGBP.
