Micro Analysis

FED meeting and press conference (February 1st at 19:00 GMT and 19:30 GMT) The US Federal Open Market Committee of the U.S Federal Reserve will conclude its 2-day meeting to decide on interest rates. The current...

January 2023 EVENTS US ISM Manufacturing PMI (December) (January 4th at 15:00 GMT) November's ISM Manufacturing PMI printed at 49. The consensus forecast for December is 48.5. Possible influence: Volatile US Dollar,...

December 2022 EVENTS US ISM Manufacturing PMI (November) (December 1st at 15:00 GMT) October's ISM Manufacturing PMI printed at 50.2. The consensus forecast for November is 50.0. Possible influence: Volatile US...

November 2022 EVENTS Royal Bank of Australia Interest Rate decision (November 1st at 03:30 GMT) The RBA will meet to decide on interest rates. The current rate is 2.85% and at last month’s meeting the bank hiked...

October 24th – 28th Earnings Basket Weekly Uptrend Opportunity based On 1.00 Lot Calculation: EARNINGS SEASON OCTOBER 24 –...

October 2022 EVENTS UK Conservative Party (annual) Conference (October 2nd - October 5th) Top officials from the Conservative party and its members gather. Prime Minister Truss and Chancellor Kwarteng will give...

US ISM Manufacturing PMI (August) (September 1st at 15:00 GMT+1) July's ISM Manufacturing PMI printed at 52.8. The consensus forecast for August is 52.0. Possible influence: Volatile US Dollar, Gold and US...

August 2022 EVENTS US ISM Manufacturing PMI (July) (August 1st at 15:00 GMT+1) June's ISM Manufacturing PMI printed at 53.0. The consensus forecast for July is 52.2. Possible influence: Volatile US Dollar, Gold and...

US ISM Manufacturing PMI (June) (July 1st at 15:00 GMT+1) May's PMI printed at 56.1. The consensus forecast for June is 54.9. Possible influence: Volatile US Dollar, Gold and US Stocks Reserve Bank of...

GOLD: MOVING WITHIN A CHANNEL BETWEEN $1830 AND $1870 PERIOD OF OBSERVATION: May 19 to June 13 RESISTANCE= 1870 (tested three times: May 24, June 2 and June 10) MIDDLE POINT= 1850 SUPPORT= 1830 (tested twice: June 1...

Next Rollover Date: June 12, 2022 ROLLOVER REPORT ON CRUDE OIL WHAT IS A CONTRACT ROLLOVER: A roll over is a procedure when futures contracts on certain instrument switch from the front month contract, that is close...

US ISM Manufacturing PMI (May) (June 1st at 15:00 GMT+1) April's PMI printed at 55.4. The consensus forecast for May is 54.5. Possible influence: Volatile US Dollar, Gold and US Stocks Bank of Canada meeting...

US ISM Manufacturing PMI (April) (May 2nd at 15:00 GMT+1) March's PMI printed at 57.1. The consensus forecast for April is 56.8. Possible influence: Volatile US Dollar, Gold and US Stocks Reserve Bank of...

U.S. Unemployment Rate and Non-Farm Payrolls (NFP) (March) (April 1st at 13:30 GMT+1) The Unemployment rate for February was 3.8%. It is expected to fall to 3.7% in March. Non-Farm Payrolls are expected to fall to 460,000...

Chinese Stock Basket Weekly Uptrend Opportunity based On 1.00 Lot Calculation: Company Ticker Sectors Earnings Date...

TREND EXPECTATIONS: UP STOCKS: ALIBABA, NIO, XPENG, BAIDU, WEIBO WHAT HAPPENED?: China main stock index HANG SENG recovered by around 18% after hitting its lowest rate since 2016. The China’s stock market recovered...

TREND EXPECTATIONS: UP Metals: Gold, Silver, Palladium, Platinum, Copper Energy Products: Crude Oil, Brent Oil, Gasoline, Heating Oil, Natural Gas GEOPOLITICS: RUSSIA ATTACKS UKRAINE (OIL, NATURAL GAS, GOLD, SILVER,...

ROLLOVER REPORT ON CRUDE OIL WHAT IS A CONTRACT ROLLOVER? A rollover is a procedure when futures contracts on certain instruments switch from the front-month contract, which is close to expiration, to another contract in a...

Reserve Bank of Australia (March 1st at 03:30 GMT) The Reserve Bank of Australia is expected to keep rates at 0.10%. Possible Influence: Volatile AUD US ISM Manufacturing PMI (February) (March 1st at 15:00...

Date: February 24, 2022 TREND EXPECTATIONS: UP Metals: Gold, Silver, Palladium, Platinum, Copper Energy Products: Crude Oil, Brent Oil, Gasoline, Heating Oil, Natural Gas GEOPOLITICS: RUSSIA ATTACKS UKRAINE (OIL,...

Date: February 22, 2022 Metals: Gold, Silver, Palladium, Platinum, Copper Energy Products: Crude Oil, Brent Oil, Gasoline, Heating Oil COMMON FOR COMMODITIES (GOLD, SILVER, OTHER TO BENEFIT TOO): Inflation...

US ISM Manufacturing PMI (January) (February 1st at 15:00 GMT) December's PMI printed at 58.7. The consensus forecast for January is 57.5. Possible influence: Volatile US Dollar, Gold and US Stocks OPEC and Non...

Date: January 28, 2022 Metals: Gold, Silver, Palladium, Platinum, Copper Energy Products: Crude Oil, Brent Oil, Gasoline, Heating Oil COMMON FOR COMMODITIES (GOLD, SILVER, OTHER TO BENEFIT TOO): Inflation...

MID-TERM TREND: UP HISTORCIAL CHANGES IN GOLD PRICES Year December-31 January-31 Percentage...

US ISM Manufacturing PMI (December) (January 4th at 15:00 GMT) November's PMI printed at 61.1. The consensus forecast for December is 60.2. Possible influence: Volatile US Dollar, Gold and US Stocks OPEC and Non...

EVENT: US INFLATION (CPI) FOR NOVEMBER (EXPECTED: 6.8%). TIME: 13:30 GMT Gold Price Reaction to High US Inflation Gold is considered a safe-haven instrument, which is used by investors to protect their wealth against...

MID-TERM TREND: UP HISTORCIAL CHANGES IN SILVER PRICES Year December-15 January-31 Percentage Change 2014-2015 $...

MID-TERM TREND: UP HISTORCIAL CHANGES IN GOLD PRICES Year December-15 January-31 Percentage...

US ISM Manufacturing PMI (November) (December 1st at 15:00 GMT) October’s PMI printed at 60.8. The consensus forecast for November is 61.0. Possible influence: Volatile US Dollar, Gold and US Stocks OPEC...

SCENARIO 1: DOWN EVENT: CEO Elon Musk to sell 10% of its shareholding in Tesla. Mr. Musk owns 177 million shares, or around 17.6% of total outstanding Tesla shares (around 1 billion). If he sells 10% of his holdings, that...

WEEKLY TREND: UP Fundamental Overview: EVENT: INFLATION (CPI) DATA FOR OCTOBER (WEDNESDAY, NOVEMBER 10 AT 13:30 GMT) (EXP.: 5.8%). INFLATION (CPI) FOR SEPTEMBER (5.4% vs. 5.3% exp.). Inflation has continued to rise,...

WEEKLY TREND: UP Fundamental Overview: NOVAVAX is a U.S. producer of novel, next-generation vaccines designed to prevent life-threatening infectious diseases, such as the influenza virus and the Coronavirus. NOVAVAX...

US ISM Manufacturing PMI (October) (November 1st at 15:00 GMT) September’s PMI printed at 61.1. The consensus forecast for October is 60.4. Possible influence: Volatile US Dollar, Gold and US Stocks The...

WEEKLY TREND: UP Fundamental Overview: EVENT: US FEDERAL RESERVE MEETING (November 3 at 19:00 GMT+1). The US Fed will meet next on November 3, and if everything goes according to plan, the start of the stimulus tapering...

WEEKLY TREND: UP Fundamental Overview: INFLATION HEDGE: Amid rising inflation, investors turn to base and precious metals to hedge their wealth against rising inflation, which tends to eat away at their wealth. Inflation...

TREND: Channel Trading (1740-1790) OVERVIEW: GOLD PRICE ACTION: Gold has been trading below the mark of 1800 since September 15. Gold, however, stays above the mark of 1740, and every attempt to break below that rate...

WEEKLY TREND: UP Fundamental Overview: MODERNA RECENT PRICE ACTION: Moderna tried to recover after losing around 35% since late September, when it tested its lowest rate in two and a half months ($293.52). Moderna came...

WEEKLY TREND: UP Fundamental Overview: INFLATION HEDGE: Amid rising inflation, investors turn to base and precious metals to hedge their wealth against rising inflation, which tends to eat away at their wealth. Inflation...

WEEKLY TREND: UP Fundamental Overview: PALLADIUM USE: Palladium finds use in car’s catalytic converters, meaning that if demand for cars rises, therefore, demand for Palladium could rise as well. INFLATIONS...

WEEKLY TREND: UP Technical Overview: PALLADIUM RECENT PRICE ACTION: Palladium has lost 1200 dollars (or around 41%) since May 2021, when it hit a fresh all-time high of $3015 per ounce. Palladium has recently fallen...

WEEKLY TREND: UP Fundamental Overview: MODERNA RECENT PRICE ACTION: Moderna has lost around 35% over the past month, to test its lowest rate in two and a half months ($296.20). Moderna came under pressure after another...

US ISM Manufacturing PMI (September) (October 1st at 15:00 GMT+1) August’s PMI printed at 59.9. The consensus forecast for September is 59.9. Possible influence: Volatile US Dollar, Gold and US Stocks OPEC...

TREND: Channel Trading (1740-1790) OVERVIEW: GOLD PRICE ACTION: Gold has been trading below the mark of 1790 since September 15. Gold, however, stays above the mark of 1740, and every attempt to break below that rate...

WEEKLY TREND: UP Fundamental Overview: GOLD PRICE ACTION: Gold fell on Thursday (September 16) by more than 2.00% or around 50 dollars to hit a session low of $1745 (its lowest rate in five weeks). The 14-Day Relative...

WEEKLY TREND: UP Fundamental Overview: EVENT (TUESDAY, SEPTEMBER 14 AT 13:30 GMT+1): INFLATION (CPI) IN THE U.S. FOR AUGUST. INFLATION (CPI) FOR JULY (5.4% vs. 5.3% exp.) (HIGHEST SINCE 2008). Inflation has continued to...

WEEKLY TREND: UP Fundamental Overview: Most copper is used in electrical equipment such as wiring and motors. This is because it conducts both heat and electricity very well, and can be drawn into wires. It also has...

OPEC and Non OPEC Ministerial Meeting (September 1st) At a virtual meeting OPEC+ will discuss whether to make any alterations to the current deal agreed last month of adding 400,000 bpd to production from...

WEEKLY TREND: UP Fundamental Overview: EVENT: JACKSON HOLE SYMPOSIUM (AUGUST 26-28): The Federal Reserve Bank of Kansas City said on Friday its annual economic symposium in Jackson Hole, Wyoming, will take place on Aug. 27...

TRADING RANGE: $57.5-$69.5 MARKET OVERVIEW: Crude oil has traded around the mark of $64 after a strong sell off during this week. Rising number of covid cases all over the world increased worries about future oil demand....

WEEKLY TREND: UP Fundamental Overview: PALLADIUM PRICE ACTION: Palladium has fallen around 7% (around 170 dollars) since the beginning of the week. Palladium fell to its lowest rate in two months (2464). Palladium has...

WEEKLY TREND: UP Fundamental Overview: EVENT (AUGUST 11, WEDNESDAY AT 13:30 GMT+1) INFLATION (CPI) FOR JULY (EXPECTED: 5.3%): DATA IN JUNE CAME IN AT 5.40% vs. EXPECTED 4.9% (HIGHEST SINCE 2008). Inflation has continued...

WEEKLY TREND: UP Fundamental Overview: EVENT (AUGUST 11, WEDNESDAY AT 13:30 GMT+1) INFLATION (CPI) FOR JULY (EXPECTED: 5.3%): DATA IN JUNE CAME IN AT 5.40% vs. EXPECTED 4.9% (HIGHEST SINCE 2008). Inflation has continued...

WEEKLY TREND: UP Soybean prices jumped in May to their highest since 2012 (1666.75) on supply disruptions, while higher demand continued to persist amid the ongoing Covid-19 Pandemic. The prices, however, have ever since...

TRADING RANGE: $66.50-$74.00 MARKET OVERVIEW: Crude oil has traded around the mark of $70 supported by several positive developments, but its short term upside seemed still under pressure due to rising Covid-19 cases...

US ISM Manufacturing PMI (July) (August 2nd at 15:00 GMT+1) June’s PMI printed at 60.6. The consensus forecast for July is 60.4. Possible influence: Volatile US Dollar, Gold and US Stocks The Reserve Bank...

OPEC and Non OPEC Ministerial Meeting (July 1st) OPEC+ will discuss whether to extend the current deal which has seen production cuts eased to 5.8 million bpd from May to July. Some analysts are predicting that...

OPEC and Non OPEC Ministerial Meeting (June 1st) and OPEC Meeting (June 24) OPEC+ will discuss whether to maintain the current deal which plans to ease production cuts to 5.8 million bpd from May to July. Possible...

US ISM Manufacturing PMI (April) (May 3rd at 15:00 GMT+1) March’s PMI printed at 64.7. The consensus forecast for April is 64.9. Possible influence: Volatile US Dollar, Gold and US Stocks Bank of England...

TRADING RANGE: $60 - $65 MARKET OVERVIEW: Crude oil has traded above the mark of $60 supported by several positive developments, but its short term upside seemed still under pressure due to rising Covid- 19 cases...