Traders Blog - Analysis, Strategies, News and more | Category - Analysis
Market Update, May 28, 2021
The dollar is rising across the boardYesterday the U.S. published data mixed the market. Dow and SP500 both closed higher, but Nasdaq was under pressure. In summary, these data show that the U.S. job market is gradually improving. As the state govern...
US data and market reaction
Mixed data and confused traders! Today we were waiting for four critical data from the United States. Durable goods orders, GDP, Jobless Claims, and Pending Home Sales.On the employment front, new applications for registered unemployment benefit...
Oil Market review
WTI Technical and Fundamental analysisAccording to the Energy Information Administration's report, U.S. crude oil inventories declined slightly more than estimates in the week ending May 21. Compared with1.05M decline expectations, crude Oil inventor...
Highest close since February?
RBNZ turning to Hawkish policyEven though NZDUSD corrected a bit lower during North American Season TO 0.7285 after an earlier high to 0.7315, Kiwi is still trying to close at its highest level since February 26. The Kiwi printed the best performer o...
Gold Technical and Fundamental analysis
XAUUSD Seeking for a convincing reasonMarket volatility since last week has set the investors in an unstable and precarious condition. Stocks mostly are trading even overpriced and high prices, making it risky for new investors and positions, especia...