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Orlando Gutierrez
OGFX: FX Trading Essentials
The USD is still getting kicked in the ass and the amount of Dollars in circulation is at all time highs. This could trigger the next BIG rally in Gold.
The bullish structure is still very much instact and this market remains extremelly hot fundamentally speaking.
The interpretation and use of the tradeing signals and market analysis generated by ogfx is at the sole discretion of the customer, subscriber, member or trader. OGFX and its owners shall not be responsible for any claims in losses directly consequential of any trading activity.
Latest Forex Analysis
Editors’ Picks
EUR/USD falls toward 1.19 after robust US Nonfarm Payrolls data
EUR/USD is trading above 1.19 after dipping below that number in response to the US Nonfarm Payrolls, which showed an increase of 379K jobs in February. Higher yields in response to Powell are keeping the dollar bid.
GBP/USD recovers after post-NFP dip below 1.38
GBP/USD is trading above 1.38 bus till down the day. The US gained 379,000 jobs in February, roughly double than expected and supporting the dollar. The Senate's stimulus debate is eyed.
XAU/USD remains depressed near multi-month lows on stellar NFP
Gold edge lower during the early North American session and dropped to fresh nine-month lows, below the $1690 level in reaction to an upbeat US jobs report.
Cardano ready to resume uptrend towards $2
Cardano price shows signs of a reversal after a 30% correction. The Tom DeMark Sequential indicator’s buy signal on the 4-hour and the 12-hour chart hints at a continuation of the bull rally.
US Dollar Index pushes higher to 92.20 on stellar Payrolls
The march north in the greenback remains unabated and trade in fresh 2021 highs beyond the 92.00 hurdle when tracked by the US Dollar Index (DXY).