GBP/USD: Fractionally less overbought and consolidating just under this year’s high. Chart/Comment from Analyst, Nicole Elliott – Investors Chronicle
GBP/USD Fractionally less overbought and consolidating just under this year’s high.
Tagged: Gold
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GOLD: Breaking below immediate trend line support and the daily commodity channel index..Chart/Comment from Analyst, Nicole Elliott – Investors Chronicle
GOLD SHORT TERM TRADER: Square. GOLD POSITION TAKER: Square. Delivering the Michel Camdessus speech at the IMF in Washington yesterday Bank of England Governor had this and other rather downbeat things to say about Britain and Brexit. This is not the first time he’s done[…]
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GOLD looking rather messy. Chart/Comment from Analyst, Nicole Elliott – Investors Chronicle
GOLD chart is looking rather messy with a potential spike high last week. Keep a wary eye on the strength (or otherwise) of the US dollar where the Chinese..
LCG Insight: Risk-on: USD, stocks rebounds By Ipek Ozkardeskaya, Senior Market Analyst
The US dollar rebounded at the open. The greenback gained against all of its G10 counterparts, except the Canadian dollar, as Hurricane Irma weakened after hitting Florida over the weekend. The actual damages caused by the hurricane could finally be less than $50bn versus $192bn estimated prior to the hit. The US insurers could take a breather on Monday.
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McClellan Chart In Focus: Gold’s 13-1/2 Month Cycle: Right Translation by Tom McClellan
Gold has been pushing up to higher closing highs, which is getting the gold bugs all excited. But we are now late in the 13-1/2 month cycle that is dominant in gold prices, and so we should expect a drop into the major cycle low due at the end of 2017.
WTI Crude Daily Forecast with Chart, Market Comment & Recap from Jason Sen at DayTradeIdeas
Jason Sen uses this experience to advise traders at the largest global investment banks & brokers, including Deutsche Bank, Morgan Stanley and Bank of America. He is also the leading provider of daily technical analysis to Marex Spectron, Tower Trading Group and Schneider Trading, the[…]
