rodney
He liked
DXY closes under $1.0500 projects to $1.0350 pivot [Video]
In today's TradeGATEHub Live Trading session, Coach Dale discusses the DXY closing under $1.05 and projects a downward pivot to $1.0350. He identifies the upcoming Producer Price Index (PPI) and Consumer Price Index (CPI) releases as critical deciders for the week. Additionally, Dale provides insigh
He liked
Brent crude Oil faces downward pressure amid demand uncertainties
The price of Brent crude oil is currently experiencing a downturn, trading around 82.55 USD per barrel this Monday. The primary concern affecting the market today is the uncertainty surrounding demand levels, exerting significant pressure on the commodity. Recent statements from representatives of t
He liked
He liked
NZD/USD Price Analysis: Momentum slackens as buyers get rejected at the 200-day SMA
The daily chart reveals a subtle change in buyers' momentum, noted by decreasing MACD green bars and a neutral RSI. Hourly indicators picture a balanced scenario for the session. At the end of the week, the NZD/USD has lost 0.21% as buyers seem to have run out of steam. The sluggish trend momentum m
He liked
USD/JPY surges to near 155.50 as Fed expects to prolong policy rates
USD/JPY extends winning streak amid hawkish sentiment surrounding the Fed’s stance on monetary policy. Fed's Kashkari anticipates the prolonging of elevated rates and suggests that further rate hikes are not entirely ruled out. The Japanese Yen depreciated despite the potential for intervention by J
He liked
He liked
He liked
Earnings, Rate Cut Hopes Drive Market Sentiment
Market sentiment remained mixed amidst renewed hopes of a sooner-than-expected rate cut by the Fed and geopolitical unease in the Middle East. Corporate earning updates as well as central bank commentary also swayed market sentiment. Wall Street Futures edged up. European benchmarks are trading well
He liked
He liked
TRADE OPPORTUNITY
#XAU/USD# New World Capital - Article 9 XAUUSD Manipulation is about to happen right now on Gold and take price at the previous support zone around $2279. We will sell right now with a Risk to Reward Ratio of 1 to 7. We will buy it back around $2305 - $2,300. First, Sell Gold $2,329- $
He liked
He liked
He liked
Fed kept its rates unchanged: Market reaction to the decision was mixed [Video]
The Federal Reserve (Fed) decision yesterday was… interesting. As expected, the Fed kept its rates unchanged, said that they are not confident to cut the interest rates but announced the upcoming QT tapering. The market reaction to the decision was mixed. Stocks and yields fell, the US dollar eased
Pull-up Update