The Australian Dollar appears vulnerable going into the end of the year with the rate paths of the RBA and the Federal Reserve set to diverge. Will monetary policy drive AUD/USD? The weekly price is located far below Ichimoku cloud in the bearish area of the chart: price broke the bearish triangle pattern to below for the bearish trend to be continuing in the near future. more...
After what has seemed like an interminable period, we will finally be getting some Intel Arc GPU benchmarks soon. Yes, we previously promised we wouldn’t be covering Arc GPUs until they launched because we were also tired of the “coming soon” announcements too. The official release date is Oct. 12, so we should see benchmarks before then. more...
Downside pressure remains, parity to the US Dollar still in play. more...
The outlook for BTC/USD this coming quarter to put simply is, lower before higher. As it currently stands there is the dollar and everything else, meaning that as the dollar propels higher just about everything else suffers, except volatility. The weekly price is located far below the Yearly Pivot level at 48,704 and below the first support Pivot level for trying to break the bearish triangle pattern to below for the primary bearish trend to be continuing. ...
The gold (XAU/USD) outlook for the coming quarter is a tricky one. At the time of this writing, it is sitting on a major level of support around the 1680/1639 lines. The weekly price is on secondary ranging within the primary bearish market condition for trying to breal 1639 support level tobelow for the bearish trend to be continuing. more...
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