✨Gold has registered an uptick during the early Asian session. Analysts from Phillip Securities Research suggest that there are indications of market participants betting on the Federal Reserve concluding its cycle of interest-rate increases. The commentary highlights that gold surpassed the significant threshold of $2,000 per ounce on Friday. The potential...
According to experts, the world price of EURUSD suddenly increased sharply due to recent positive inflation data and the weakening of the USD. There is a high possibility that the EURUSD price has run ahead of the news of the meeting minutes of the US Federal Reserve (Fed) announced tomorrow morning.
The USD continues to weaken as the market believes that the Fed...
price is at resistance zone of 151.144 and 151.380
after the recent break of structure there is open order block to restest
also there will be small liquid or inducement zone that need to be triggered
for next upside
150.432 and 150.246 is the buying area
with stop loss of 150 rd figure
and target of 151.500
with risk to reward 1:3
condition to avoid if...
XAU/USD ended Wednesday's trading session at its lowest price in three weeks, hitting a new low of $1,905 as the inflationary backdrop in the US continued to frustrate gold investors.
Gold continues to be rejected from $1,940.00 after last week's action saw the yellow metal fall back as US Treasury yields and the US Dollar (USD) continued to trouble scarf on the...
Gold yesterday opened the weekly trading session with an upward trend from 1916 to 1930 when the USD experienced declines and corrections after the Bank of Japan's move caused the market to increase expectations for the future. The Yen negative interest rate period will soon end.
The US Dollar Index (DXY) fell to around 104.60, trying to offset losses thanks to...
Gold prices attracted renewed buying pressure on the first day of a new week and continued to rally above $1,945 during the Asian session. .
The mixed monthly jobs report from the United States (US) on Friday ensures that the Federal Reserve (Fed) will keep interest rates unchanged at its September policy meeting, so this is considered is beneficial for Gold...
Gold prices attracted new sellers after the Asian session jumped to the $1,944 region on Friday and hit a new daily low in the past hour, albeit to no avail. XAU/USD is currently trading just below $1,940, virtually unchanged today, as traders patiently await closely watched monthly jobs details from the United States (US) ahead when betting in new...
Usdjpy sell now @145.787
Target one 143.723
Target two 141.180
Target three 138.638
Target four 135.019
Target five 130.409
Target six 127.500
Target seven 117.095
Open this trade with 0.01 lot each position open seven positions i recommend all of you only open this trade if u have equity more than 500 usd then only open this trade otherwise ignore but...
Welcome to forex traders as this forecast is of GBP/USD
Presently you can see price is rising for past few months in a zig zag structure.
Currently we have seen an decline in weekly candle which is an opportunity as price should start moving up again in upcoming days after this correction completed.
OANDA:XAUUSD The US dollar benefited from a fresh rise in US Treasury yields, sending gold prices plunging.
Amid increased hawkish sentiment around the Fed rate outlook, all eyes will be on Fed Chair Jerome Powell's speech later Wednesday.
The 14-day Relative Strength Index (RSI), suggesting that gold's downside risks remain.
So, the nearest support is at...
- Break the supply but not closing above the supply
- Wait for the Confirmation in LTF
-2 Higher High....Looking for the 3rd High
-Chance to Sweep the IDM(x) & Reverse
- V-shape recovery
- High Volume in Buying Candle
...............here is the full multi time frame analysis for this pair, let me know in the comment section below if you have...
the counter has run up a lot recently and a consolidation rectangle on the hourly charts has been formed from which the pair has broken down. We are looking at the support of around 179.5 as the target.
Gold prices held steady on Tuesday on positive sentiment surrounding the US central bank's decision not to raise interest rates this month.
The US Dollar Index (DXY) initially fell but is expected to fall further due to the Fed's tightening monetary policy. Regional banks in the United States are using credit filters, which can lead to a drop in economic...
GBPNZD Bulish Trade Opportunity
Its recently retest the support area and the formation of a reversal candle on that level, it's a favorable opportunity to initiate a buy trade with a good risk-reward ratio.