US Dollar Index (DXY) Explodes Higher as Markets Prepare for a Trump Victory

EURGBP edges higher after weaker UK CPI Path higher filled with strong resistance points Momentum indicators are mostly bullish EURGBP is trading higher today after the downside surprise registered by the UK inflation report. The 0.8635 level was easily surpassed with the EURGBP bulls now preparing to test the resistance set by the 0.8657-0.8720 area. […]

Gold price started a downside correction from $2,485. Crude oil prices are also moving lower from the $82.20 resistance zone. Important Takeaways for Gold and Oil Prices Analysis Today Gold price climbed higher toward the $2,485 zone before there was a pullback against the US Dollar. A key bearish trend line is forming with resistance […]

Mood yesterday was mixed on a series of mixed economic and corporate news. In Europe, the business and consumer survey came in slightly lower than expected, the CAC 40 lost more than 1%, the Stoxx 600 fell. The German stocks did better than their European peers as some big names like Siemens and SAP outperformed, […]