Gold price dropped after a parabolic spike we discussed in my last article. This isn't just a minor pullback; it's the first real sign of weakness the market has shown after a historic rally.Let's bre...
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Olusegun Enujowo
Immediate Analysis: What This Chart is ScreamingParabolic Ascension: The price is in a near-vertical climb on Monthly and Weekly charts. This is characteristic of a market experiencing a "blow-off top...
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Olusegun Enujowo
The U.S. and China have reached a fresh deal to put their trade truce back on track following a round of crunch meetings in London. Speaking at the end of two marathon days of discussions, U.S. Commer...
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Olusegun Enujowo
U.S. stocks traded in narrow ranges Monday as investors awaited news from the renewed trade talks between Washington and Beijing, as well as key inflation data later in the week. on the D1 chart,...
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Olusegun Enujowo
**Key Takeaways:** - The Federal Reserve has maintained rates in March while signaling two potential cuts in 2024, reinforcing expectations of a policy pivot. - Quantitative Tigh...
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Olusegun Enujowo
Spot gold was down 0.1% at $2,984.71 an ounce in early London trading but clocked a weekly gain of about 2.9%, having also touched an all-time high of $3,004.75 11.18 AM server time on Friday(today).&...
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Olusegun Enujowo
ASIA STOCKS: Rise on China HopesMost Asian stocks rose on Friday tracking record highs on Wall Street and optimism over more policy relief for China. Regional markets took a positive lead-in from Wall...
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Olusegun Enujowo
CURRENCY- EURUSD, GBPJPYToday, as at the time of this post, EUR/USD exchange rate is trading around 1.03998 USD, having increased by 0.03% over the past 24 hours. However, it continues to struggle to ...
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Olusegun Enujowo
Currencies: Most Asian currencies inched higher on Tuesday as investors cheered signals of more stimulus measures from China, while the Australian dollar fell 0.7%, and was hovering near a four-month ...
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Olusegun Enujowo
In Europe, the Stoxx 600 is trading lower, currently at -0.35%. New economic data raised concerns about the European economy, with Germany's GDP contracted more than expected last week, along with wea...
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Olusegun Enujowo
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