FOREXCOM:GBPUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
✨On Friday, gold maintained its position around $2,040 per ounce, marking its third consecutive weekly gain. This uptrend was fueled by softer-than-anticipated US inflation data, which strengthened speculations that the Federal Reserve has concluded its tightening cycle and might initiate interest rate cuts in the coming year.
✨The US PCE price index recorded a...
The EUR/USD pair is currently trading around 1.0970, facing slight losses in the early European session after pulling back from a four-month high of 1.1017. Traders are awaiting inflation data from Italy, France, and the Eurozone, with the Eurozone Harmonized Index of Consumer Prices (HICP) expected to show a 3.9% YoY growth in November.
From a technical...
✨On Tuesday, gold surpassed the $2,010 per ounce mark, reaching its highest levels since May. This ascent was propelled by indications of decelerating economic activity in the US, fostering beliefs that the Federal Reserve may halt interest rate hikes and potentially implement cuts in the coming year.
✨Market sentiments imply a 25% likelihood of the US central...
XAU has grown in the past three weeks. Experts predict that XAU will continue to grow in the near future. If it surpasses the 2008 threshold, XAU will still grow greatly.
According to the minutes of the two-day (October 31-November 1) monetary policy meeting released on November 21, US Federal Reserve officials acted cautiously and did not intend to raise...
✨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...
Following the Canadian CPI report and related FOMC minutes, the Canadian dollar remained unchanged from its base of 1.3700. In case you missed the data, both headline and core inflation are down slightly, potentially leading the Bank of Canada (BoC) to take a more neutral/accommodative stance.
Central bank governor Tiff Macklem is speaking out, and given his...
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...
Gold rose higher after the fund bought 13 tons
Gold will likely continue to rise on November 21 but there will be a recovery
Data released last week raised hopes that the Fed could begin easing monetary conditions sooner than expected after the job market slowed and price inflation showed signs of cooling. Lower interest rates put downward pressure on the dollar...
Data released last week raised hopes that the Fed could begin easing monetary conditions sooner than expected after the job market slowed and price inflation showed signs of cooling. Lower interest rates put downward pressure on the dollar and bond yields, increasing the appeal of non-interest-bearing bullion.
The decline in the DXY index paused last week. Last...
Similar to NZDCAD, NZDUSD has shown signs of breaking out of the downtrend on the H1 frame, refer to the Buy strategy at current price 0.6040, stop loss 0.5990, target 0.6150.
✨Gold slipped below the $2,000 per ounce mark on Wednesday following the release of the latest minutes from the US Federal Reserve. The central bank conveyed a commitment to maintaining a restrictive monetary policy, offering no indication of an imminent reduction in interest rates.
✨According to the minutes, Federal Reserve officials reached a consensus to...
✨On Tuesday, the price of gold surged to approximately $1,990 per ounce, reaching its highest levels since May. This upward trend was primarily driven by a significant drop in the value of the US dollar, as there is a growing anticipation that the US Federal Reserve might initiate interest rate cuts in the coming year.
✨The consensus among analysts is that the...
✨Gold held steady above $1,980 per ounce on Monday, following a 2% gain last week. The stability is attributed to reduced US inflation, fueling optimism that the Federal Reserve has concluded its tightening phase. Traders are now shifting attention to potential interest rate cuts in the coming year. The likelihood of the Fed maintaining rates in December is high,...
Gold just posted a massive rally of over 2% last week. Experts predict less dramatic price movements in the coming days, given the sharp and sudden movements in gold prices over the past month.
Daniel Pavilonis, senior commodity broker at RJO Futures, said he expects gold to continue to consolidate for an extended period of time as geopolitical risks reduce...
Weak economic data, along with CPI and PPI data released earlier this week, reinforced the view that the Fed's rate hike cycle is over. This has strongly affected US government bond yields and caused the 10-year government bond yield to fall below 4.45%, approaching the lowest level since the end of September.
With the market expecting the Fed to gradually loosen...
Gold prices rose slightly in European trading yesterday, but fell again at the close. Meanwhile, UK inflation is showing signs of declining. Specifically, the UK Consumer Price Index rose by 4.6% in October, the slowest rise in two years, and a significant decline compared to the previous month's 6.7%. The main reason is falling fuel prices. Furthermore, the...
