Average True Range (ATR) | Forex Indicators Guide

Yen Aims to Extend Gains, Pound Focus Shifts Back to Politics. Gold Prices May Find a Lifeline as Market Mood Darkens.

Loonie Slides as Crude Dives- USDCAD Recovery Eyes Resistance. Gold, USD Strong Inverse Correlation and in Confluence.

FTSE Further Develops Range on Sharp Turn Lower. Dow Jones Industrial Average Struggles to Hold the Gap Higher.

The reopening of the UK Parliament will see the British Pound focused on politics anew. Precious metals at or near support, and with correlation and confluence with the US dollar in place, bounce-risk in play. The Elliott Wave model we are following in DJIA calls for a mild retracement back towards 20, before embarking upon a quest for a new high.

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