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20 2 月, 2023
by Joseph Jeffriess, Market Analyst

Divergence Watch on USD Index

In today’s analysis, we have reviewed the divergence pattern in U.S. Dollar Index (DXY) and Friday’s price action, which might give it more substance. The daily chart shows a familiar pattern forming between the price and the 10 CCI (Consumer confidence index).
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16 2 月, 2023
by Joseph Jeffriess, Market Analyst

Crypto Update | The Rallies Continue

Crypto continues to roar. In today’s update, we take a look at some of the great moves we have seen on crypto coins within the last 24 hours.
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15 2 月, 2023
by Joseph Jeffriess, Market Analyst

Forex Update: USD Index Biding its Time?

The USD index had a mixed reaction to the news, plunging on the release of CPI, but only to pull back losses and close out the session higher. Today buyers have picked up on yesterday's momentum with a new push higher, and that's technically where we sit with the current price...
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14 2 月, 2023
by Joseph Jeffriess, Market Analyst

Can GER30 Buyers Continue the Trend?

In today's update, we take a look at the GER30. Yesterday buyers fought back from the range low to post a solid session that could be stage one in a new leg higher that could continue the current trend.
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10 2 月, 2023
by Joseph Jeffriess, Market Analyst

Market Update | Gold and USD 10.02.23

Today’s analysis video looks at Gold’s recent price action as sellers continue to hold a new move through the up-trend. Will we see a new extension lower? We have also run over price action on the USD index and discussed some of the possible reasons that could be affecting...
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9 2 月, 2023
by ,

Trade Zone Gold Report | 08.02.23

With the Gold price gaining traction for the third successive day and climbing to a fresh weekly high, a weaker U.S Dollar (USD) and the expectations for a less hawkish Federal Reserve. What can we expect for the short-terma and long-term position of GOLD? Here is a helpful...
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6 2 月, 2023
by Joseph Jeffriess, Market Analyst

Has the USDJPY Started a New Breakout?

After Friday’s surprise jobs report, the USD continued its revival. Combined with a weaker JPY, this led to a 2.07% surge to close out the week, and Friday’s bar also formed a breakout bar breaking the medium-term trend we have seen since October 2022.
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3 2 月, 2023
by Joseph Jeffriess, Market Analyst

Eightcap Trade Zone Weekly Market Wrap | FOMC, BoE, ECB, NFP, Forex, Indices, Gold, Crypto, & more

Welcome to this week's Market Wrap. We lead with an overview of all the key data, announcements from the Federal Open Market Committee (FOMC), the Bank of England (BoE), the European Central Bank, and Non-Farm Payrolls (NFP), as well as the latest news and updates from Forex,...
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1 2 月, 2023
by Joseph Jeffriess, Market Analyst

EURUSD, Gold, and DAX Analysis Pre FOMC

Continuing on from Monday's Ethereum analysis, we are still reviewing the double CCI continuation idea. The method uses two CCI indicators, one fast and one slow.
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