Forexsignals
gold waits for news from CPIas Middle East geopolitical tensions persisted but then fell back as the USD recovered. In the context of investors maintaining caution, precious metals are unlikely to break out before the release of the FOMC minutes and the US CPI on Thursday.
The USD did not fluctuate much when the US market was closed for the President's Day holiday
XAU short-term trading and strategyThe path back to target inflation, like the path to a soft landing, is always narrow and treacherous. And there are some worrying developments that could shake up the “endless deflation” the US has experienced over the past few months, potentially pushing back policy easing beyond March.
Favorable financial conditions: a leading indicator of real GDP, which has increased from 10% to 90% in six months, suggests that economic conditions are likely to remain stable at least in the short term. And if GDP increases, inflation may be difficult to reduce.
Labor costs are not increasing: Rebalancing in the labor market occurs between job openings and quit rates, not unemployment rates. The employment cost index tends to follow the National Federation of Independent Business's small business compensation plan. At that point, the number rose, approaching the point where the Fed had to react hawkishly.
Helter Skelter Shelter: Rents are forecast not to fall much in 2024, likely to contribute 17-20 basis points to core inflation in January and February, leaving no room for further contributions before Core inflation exceeds the Fed's target.
Tensions in the Red Sea have begun to impact freight costs, leading to increased pressure on supply chains - a key driver of rising inflation in 2022, especially in Europe.
GBPNZD A FALLING MONMENTUM DETECTEDGBPNZD A FALLING MONMENTUM DETECTED
its breaked a neckline and the retraced lable mentioned
the lable finally touched the retracement lable
hence a good falling momentum will occure on 1h chat
only forex expert can understant it
grab it with your predictable risk
wait and watch n learn enjoy
thank you
US OIL BULLISH MOMENTUM DETECTEDUS OIL faceing a trendline support on week chat
Hence a good opportunity for all forex and CFD user to grab this one
It will be bullish for more than 1 mongth
Due to week chat analysis
Hence analyse yourself for short-term trade
just buy side only
Market is bullish
So trade only buy side on your trade setup
SELL XAU/USD @ 2031 With objective of 2017 Nose Dive.Today we are short on Gold, The Friday selling impulse after the NFP data should continue today, And looking to match our targets of 2017 soon in the US session.
The second wave was a reversal of that after the Friday jobs data, in which bonds were sold off heavily in the aftermath. That led to 10-year Treasury yields rising back above the 4% mark: