Tag Archives: KLCI

Is the recent recovery in gold prices just a short-squeeze or the start of something bigger? These are the targets & invalidation levels that matter for XAU/USD.

EUR/JPY started off Q3 with a strong run, but that strength soon gave way to a steady string of losses in the pair. As we near tomorrow’s ECB rate decision, EUR/JPY continues to seek out support.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.

The Australian Dollar remains locked in a choppy range near 0.74 against its US counterpart but the prevailing trend continues to favor the downside.

Precious metals are struggling to gain traction despite oversold conditions, can they gain some momentum soon or will the current bounce turn into more selling?

The Nikkei 225, in its uptrend since 2016, is facing a reversal risk amidst a bearish candlestick formation. Support may break, but confirmation of a lasting reversal will be needed.

While Facebook is getting crushed after an abysmal earnings call, bullish enthusiasm continues to show in the Dow as the index as jumped-up to fresh four-month highs.

Facebook’s market cap took a massive haircut on earnings in afterhours yesterday, sending Nasdaq 100 futures reeling; support tests await.