Investors should steer clear of Indian equities as corporate profits are set to shrink, and economic growth is expected to decelerate. Despite personal income tax cuts, the Indian government remains…
The swing area between 0.6287 and 0.6301 in the AUDUSD is being tested. The AUDUSD began the week with choppy, up-and-down price action, fluctuating around the rising 100-hour moving average at 0.62759. In…
Targets are all very low but interest is picking up Here is a telling chart from Scotia highlighting gold year-end targets from Wall Street for 2025-2027. It shows nearly no…
Fresh yearly low in oil Oil started US trading higher after Saudi Arabia raised prices on its barrels but talk of peace in Ukraine and Trump touting lower oil prices…
Price is down $1.67 or -2.3% Looking at the hourly chart, the price on MOnday, extended above the 200 hour MA, but could not sustain momentum. Most of yesterday and…
The market is increasingly convinced it's all posturing Bitcoin Daily Chart It's been a rough day in the crypto market with alts getting smashed but bitcoin maxis can take some…
Comments from Trump after announcing tariffs Executive order on Canada/Mexico/China come into effect on Feb 4 New Canada tariffs don't apply to goods loaded onto vessels or in transit before…
Gold breaks the November high Geopolitical uncertainty is fuelling a fresh record high in gold. It's up $34 today to $2791, breaking the November high by $1. At the start…
The AUD/USD has been choppy and non-trending over the past few days, but the overall control remains with the sellers. The bearish bias stems from the pair breaking below the 200-hour moving average earlier…
Moderately hawkish decision The market has reacted in a hawkish way across the board after the FOMC decision. The statement removed a line saying 'inflation has made progress' and that's…