XAU/USD statistical and technical analysis
Better than expected US retail sales data pushed the US dollar up. As a result, the price of precious metals has fallen. The current price of XAU/USD - Gold Spot US Dollar is 1 754 (September 18, 2021). This commodity is currently being traded again in an important area. Let’s now look at statistical and technical analyzes.
Bitcoin a week after the significant drop
Today we will look again at Bitcoin and the market as a whole. It has been a week since we have witnessed a drop. So what is the current situation and has anything changed?
Footsie remains below 50-day moving average after UK retail sales
Miserable retail sales sent the index lower Friday, but the medium-term outlook remains neutral.
Is DOW JONES losing its strength? What can this mean for indices in general?
The Dow Jones is one of the key indices of the world economy. Together with the SP 500 or NASDAQ, it is one of the most important indices also in the trading world. However, the last week does not look very good for this index. Because compared to the rest of the market, DOW JONES is starting to lose ground.
AUD/USD slides after miserable employment data
The short-term outlook does not look so good as the Aussie is testing some serious support levels.
EUR/GBP unimpressed by UK inflation data
Inflation rocketed higher in the UK, but the Pound failed to capitalize on it as the cross remains in a sideways trading regime.
AUD/USD statistical and technical analysis
Today’s words from the RBA governor didn’t support the currency. Lowe doesn’t see a rate hike before 2024. The current price of the AUD/USD exchange rate is 0.7318 (September 14, 2021). In August, it rebounded from an important zone. We will therefore move on to statistical and technical analyzes.
Gold shoots above 1,800 USD after US inflation data
Today's inflation data sent the bullion sharply higher, but will the short-term bullish momentum last?