Categories Finance

Gold Technical Analysis – We got a key breakout

Fundamental Overview Gold continues to push into new highs as the softer US inflation data last week led to a fall in Treasury yields and weakened the US Dollar. The latest rally was triggered by Trump’s threats of tariffs on Canada and Mexico. It seems like the uncertainty…

Read More
Categories Finance

ECB’s Lagarde: No US tariff is what I expected

That’s the smart approach It doesn’t mean to say it won’t happen but will be more selective Not surprised by Trump’s tariff threats Europe must be prepared and anticipate what will happen in order to respond Well, she’s not the only one to believe that Trump’s bark will…

Read More
Categories Finance

Dow Jones Futures Analysis for Today

TradeCompass for Dow Jones Futures – January 22, 2025 At the time of this analysis, Dow Jones Futures (YM) are trading at 44,239, which places the market below the key bearish threshold of 44,243. This supports a bearish outlook for the day. Below is a detailed Dow Jones…

Read More
Categories Finance

Eurostoxx futures -0.1% in early European trading

German DAX futures -0.1% French CAC 40 futures -0.2% UK FTSE futures -0.2% Trump warned that the EU is going to be in for tariffs in saying that “they treat us very, very badly”. Adding that “you can’t get fairness unless you do that (tariffs)”. And that’s a…

Read More
Categories Finance

Today’s Nasdaq Futures Analysis

TradeCompass for Nasdaq Futures – January 22, 2025 Current Price of Nasdaq Futures: Approximately 21,843 Key Thresholds Within Today’s Nasdaq Futures Analysis Bullish above 21,880 Bearish below 21,827 Nasdaq Futures Bearish Scenario Why 21,827?Crossing below 21,827 signals bearish momentum, as the price moves beneath key intraday support levels,…

Read More
Categories Finance

What are the main events for today?

It’s going to be a boring day in terms of data releases as we don’t have anything on the calendar for today. The price action might be more rangebound after two days of volatility caused by Trump’s headlines (can’t get your guard down with him though). We got…

Read More