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NVDA saves the day [Video]

NVDA saved the day as Coach analyzes the NVDA chart for clues about the durability of today’s equity bounce. He also reviews the continued advance of the Dollar and discusses the technical narrative now emerging from its movement. Additionally, Coach highlights yesterday’s shift in the Gold/Silver ratio, which he believes signals the potential for lower prices in precious metals in the coming weeks.

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Author

Dale J Pinkert

Dale J Pinkert

Independent Analyst

Former Member of the Chicago Mercantile Exchange (IOM Division), Dale's market forecasts have been aired on Financial Television and Radio station including CNBC.

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EUR/USD tests nine-day EMA barrier near 1.1650

EUR/USD moves little after registering modest gains in the previous session, trading around 1.1640 during the Asian hours on Tuesday. The 14-day Relative Strength Index momentum indicator, at 44 (neutral-to-bearish), confirms fading momentum.

When is the UK Jobs report and how could it affect GBP/USD?

The United Kingdom docket has the labor market report to be released by the Office for National Statistics on Tuesday, later this session at 07:00 GMT. UK Claimant Count Change for December is expected to rise by 18.8K, reflecting the number of people claiming jobless benefits. The reading was 20.1K in November. Meanwhile, the Claimant Count Rate was at 4.4% in the previous month.

Gold continues scaling record highs amid global flight to safety

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Pi Network rebounds slightly but selling pressure persists

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Pi Network Price Forecast: PI rebounds slightly but selling pressure persists
Pi Network (PI) edges higher by 1% at press time on Tuesday, signaling a minor recovery after recording a fresh record low of $0.1502 on Monday. Mainnet holders have withdrawn over 4 million PI tokens from centralized exchanges supporting Pi Network over the last 24 hours.