Today’s directional views: Gold rallies. Where to from here?

Gold Rallies

Gold has rallied overnight but where to from here? are today’s directional views from the global research desks of Trading Central! These are starting points for your own research to identify opportunities that make sense for you. Like what you see? Subscribe to receive the full daily newsletter. AUD/USD intraday: as long as 0.7349 is support […]

Today’s directional views

today's directional views

Here are today’s directional views from the global research desks of Trading Central! These are starting points for your own research to identify opportunities that make sense for you. Like what you see? Subscribe to receive the full daily newsletter. AUD/USD intraday: the upside prevails as long as 0.7322 is support  Our pivot point is at […]

Today’s directional views

Gold trade

Here are today’s directional views from the global research desks of Trading Central! These are starting points for your own research to identify opportunities that make sense for you. Like what you see? Subscribe to receive the full daily newsletter. AUD/USD intraday: the downside prevails as long as 0.7354 is resistance  Our pivot point is at […]

MARKET INSIGHTS: XAUUSD (Gold)

Market Insight

Technical analysis: MARKET INSIGHTS: Gold is on the daily resistance trendline, with RSI technically hinting of a further downside for the precious metal. Horizontal trendline should be somewhere 1757.10, with horizontal support at 1716.71. Within the horizontal resistance and support is a trading range of 400 pips, indicative of enough liquidity and viable trading opportunity.However, […]

The week ahead

We have a full week of  announcement in the week ahead. How is the pandemic affecting the markets? Which economy is on the rise? German Retail Sales will be first cab of the ranks today followed by US ISM manufacturing PMI, RBA Interest Rate Decision and Europe GDP tomorrow. Lets take a look at what […]

Markets today

Markets are flashing green today with currencies and gold rallying against the dollar. Bitcoin crack $12,000 and WTI is in recovery. It seems that hopes of a US stimulus package has injected some life back into the buyers. Lets take a look at the day so far. In today’s Asia session, we have seen the […]

Gold Price up 0.18%

Gold traded to a high of $1902.93 today, a gain of 0.18%. However, how will it hold up  at these levels. $1,897 representing a key level of support. A failure to come bounce back from here could see the yellow metal take another tumble to September lows of $1,848. With little to no news to […]

Mixed announcements bring dollar down

Higher Jobless Claims in the US overshadowed any increased hope of the Democrat in the US House of Reps $2.2 trillion coronavirus relief being voted in. The US Federal Reserve also came out with mixed messages on inflation and employment which had the markets spinning.   After a tough run this week the AUD/US has […]

Melbourne destroys the Aussie

Retail Sales Australia

The AUD/USD pair has had a 38.3% correction thanks to the strengthening dollar. Although the Aussie was met with better than expected PMI Print with Commonwealth Bank Service PMI coming in at 50 and Manufacturing at 55.5. However the retail sector was hard hit with Retail Sales coming in at -4.2%, from 3.2% in August. […]

AUD wipes away its gains

The Aussie has fallen against the greenback as gold struggled to stay above $1,900 after another dollar rally. Technically there is nothing to keep the AUD/USD safe today other than the RBA’s Debelle speech where he will talk about the Australian economy and monetary policy.   Technical View Keeping it simple, we are looking for […]