EURUSD LONG With both the Fed and European Central Bank about to release their Minutes from their latest policy meetings this week, the market will be carefully watching to see whether the statement will hint to any rate cut that would add to the Fed’s 25-basis-point reduction in July or the ECB’s first easing in a long time. Markets are also awaiting Fed...
XAUUSD The precious metal has moved over a $100 since the start of the month, bringing about plenty of opportunity for traders. The bulls seem to be exhausting and the bears look ready to put in a day shift. We like gold to go short, a break of $1504 will see us heading to our TP1 of $1492, a break of $1492 will see us approaching the region of $1474. SL is set...