EURGBP Tests Critical Pivot Area After Slump

Gold trades back and forth in the past few sessions Price fails to claim 50-day SMA and restrictive trendline Momentum indicators are neutral-to-bullish Gold has been under pressure lately following its break below the 50-day simple moving average (SMA). Although the price managed to find its feet at the lower end of the Ichimoku cloud, it has […]

Natural gas reversed from key resistance level 2.035 Likely to fall to support level 1.860 Natural gas recently reversed down from the key resistance level 2.035 (former strong support from the end of January and the monthly high from March). The downward reversal from the resistance level 2.035 stopped the previous minor impulse wave i. […]

The Federal Reserve (Fed) meeting went better than many expected. The Fed left interest rates unchanged as planned, but Chair Jerome Powell repeated that the rate cuts will begin ‘sometime this year’ and that it would be appropriate to slow the pace of QT ‘fairly soon’. There is no particular time regarding when the Fed […]