Strategist explains why he is 'constructive but cautious' on British pound

Gold was down as much as 1.2% before recovering to trade above the $4450/oz. The precious metal is still finding significant buying support on dips but does remain vulnerable if it does not breach the $4500/oz level. Geopolitics and US Data Geopolitical risk rears its head again as news came through earlier today that the…

The Dow Jones Industrial Average (DJIA) has given up all its ex-post US CPI intraday gains triggered by losses inflicted on the 10-year US Treasury Note futures. The ongoing weakness seen on the DJIA may act as a drag on the Nasdaq 100. Watch the 19,800 pivotal resistance on the Nasdaq 100 for a potential…

Planned opportunity for media to question Sunak ‘cancelled’ The prime minister visited a walled garden at Auckland Castle, Bishop Auckland, on Saturday’s campaign trail. According to the Press Association (PA), an opportunity for the media to ask questions of Rishi Sunak did not take place as was originally planned, likely following the fallout on Friday…

The Waves MT4 Indicator is designed to help traders decode market fluctuations. It works by identifying and plotting “waves” on the chart, which represent the natural rhythm of price movements. By analyzing these waves, traders can detect trends early, anticipate reversals, and confirm the strength of market momentum. Unlike traditional indicators that rely solely on…

Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! CADJPY short term forecast and technical analysis is here. We do our analysis on the MetaTrader4 platform (MT4), some very interesting, useful tips and hacks about the MT4 platform could be found here. If…