SGT Chart Book

By SGT Trading Desk / 29 May 2023

The main theme of the past week has been the debt ceiling negotiations, and at the time of writing it appears that there is an agreement in principle (big surprise there!). Legislators need to put this in place and sign off on the final agreement before the 5th of June deadline.

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By SGT Trading Desk / 22 May 2023

The U$ index saw a rally last week as the markets followed the debt ceiling negotiations ahead of a 1st June deadline. This will probably end up being another political event, with a solution found just before D-Day.

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By SGT Trading Desk / 15 May 2023

After the spike above the down trendline, the market has sold off and we are now seeing a period of consolidation. Currently holding above the 50-day moving average, as the market digests the economic landscape.

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By SGT Trading Desk / 08 May 2023

After selling off to below 33,000 earlier in the week, the market has turned up and looks like it wants to retest the trendline resistance. The market is digesting FOMC and the latest employment data.

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By Martyn Price / 01 May 2023

Many market participants are talking about the retest of the broken weekly trendline and that this could present a good USD turning point.

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By Martyn Price / 24 Apr 2023

After a choppy range bound week, we can see the market testing the short-term uptrend line, currently around 4110/15 area. A break here would put a test of the 4070 level.

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By SGT Trading Desk / 17 Apr 2023

Inter-market analysis can be extremely helpful in building out a technical picture across asset classes. Last week we saw potential completion of a 5 wave up moves in EUR/USD and XAUUSD, and a series of outside day* chart patterns, technical divergences or indicators rolling over across other markets.

SGT Chart Book

By SGT Trading Desk / 11 Apr 2023

Happy Easter all! The major theme across asset classes has been a consolidation of recent ranges, with the exception of the surprise OPEC production cuts, oil gapping up at last week’s open and silver breaking out from a series of lower tops with trendline resistance breaking at the 24.10/15 area.

SGT Chart Book

By SGT Trading Desk / 03 Apr 2023

XAGUSD Daily Bar Chart Silver testing trendline resistance area around 24.10/15 level. This is the 4th touch of a well-defined…

Now you can deposit cryptos with SGT

By Adam Hill / 29 Mar 2023

We are always trying to deliver what our clients are looking for. And that’s just what we have done with the introduction of crypto deposits.