top of page
Black Modern Cryptocurrency Presentation (1).jpg

NEWS & ANALYSIS POSTS

Technical Analysis:Your Daily Dose of Market Insights, May 8, 2023

Asian shares advanced for a third day, amid relative calm and positive sentiment across most financial markets. Contracts for US equities were little changed following a strong performance on Wall Street Friday. Investors will be awaiting the release this week of the core consumer price index, which is closely watched by the Fed.

  • Oil prices creep higher as recession fears begin to fade read on

  • 1 Stock to Buy, 1 Stock to Sell This Week: Airbnb, Rivian read on

  • Gold ticks higher, US inflation data in focus read on

  • Binance pauses bitcoin withdrawals citing large volumes read on

  • BOE rate decision plus US CPI, trading week ahead read on

  • Dollar on rates-watch as traders wait on loans data read on

Key events today.

US wholesale inventories


“Intraday forex trading signals". Our top forex trades for today, we look at the technicals and fundamentals to generate profits daily on the most traded correlated assets in the world.

 

Dollar Index (ICE)‎ intraday:

Pivot: 101.37


DXY Dollar Index forex currency and commodities price bar chart with green & red candles showing a trading trend over a 4 hour time frame; indicators include moving average and Bollinger bands plus Relative strength indicator.

Gold Intraday:


Pivot: 2022.77.


Gold XAU/USD forex currency and commodities price bar chart with green & red candles showing a trading trend over a 4 hour time frame; indicators include moving average and Bollinger bands plus Relative strength indicator.

USD/JPY Intraday:

Pivot: 134.60


USD/JPY forex currency and commodities price bar chart with green & red candles showing a trading trend over a 4 hour time frame; indicators include moving average and Bollinger bands plus Relative strength indicator.

AUD/USD Intraday:

Pivot: 0.6733


AUD/USD forex currency and commodities price bar chart with green & red candles showing a trading trend over a 4 hour time frame; indicators include moving average and Bollinger bands plus Relative strength indicator.

Crude Oil (WTI)‎ West Texas Intermediate: :


Pivot: 70.54


WTI Crude oil forex currency and commodities price bar chart with green & red candles showing a trading trend over a 4 hour time frame; indicators include moving average and Bollinger bands plus Relative strength indicator.

USD/CAD Intraday:

Pivot: 1.3431


USD/CAD forex currency and commodities price bar chart with green & red candles showing a trading trend over a 4 hour time frame; indicators include moving average and Bollinger bands plus Relative strength indicator.

EUR/USD Intraday:

Pivot: 1.101

EUR/USD forex currency and commodities price bar chart with green & red candles showing a trading trend over a 4 hour time frame; indicators include moving average and Bollinger bands plus Relative strength indicator.

GBP/USD Intraday:

Pivot: 1.262


GBP/USD forex currency and commodities price bar chart with green & red candles showing a trading trend over a 4 hour time frame; indicators include moving average and Bollinger bands plus Relative strength indicator.

Nasdaq 100 Intraday:


Pivot:

13,203.38


Nasdaq 100 index forex currency and commodities price bar chart with green & red candles showing a trading trend over a 4 hour time frame; indicators include moving average and Bollinger bands plus Relative strength indicator.


Our website offers information about investing, trading and saving, but not personal advice. If you're not sure which investments are right for you, please request advice, for example from your financial advisers. If you decide to invest or trade, remember that investments can go up and down in value, so you could get back less than you put in. ©2023 by Chump Profit.

Comments


Commenting has been turned off.
bottom of page