Strategic analysis OANDA:EURUSD
Today's rich agenda is completed by the Minutes from last Fed's meeting, Housing starts and industrial production in the United States.
Once again yesterday's reaction of the European currency up to the levels of 1,0950 confirmed my thought that despite the pressures that the Euro receives , every time it hits some local lows ...
Today's review OANDA:XAUUSD
Last week, international gold prices continued to fall as the US Dola Index and 10-year Treasury yields on the rise for the fourth consecutive week.
US consumers have begun to stress more in living and saving in spending due to continuously rising US interest rates. Force the Fed to stop raising interest rates if it doesn't want...
My strategy TVC:GOLD for today
After the US Dollar sold off due to mixed US labor market data, the Greenback regained some bullish momentum against its major currencies at the start of the week, capitalizing on market anxiety. market ahead of important inflation data releases from both China, as well as the United States.
Gold prices continue to face...
TVC:GOLD Our Technical Confluence Indicator shows that Gold Price creates an immediate upside barrier around the $1935-35 level, including the 61.8% Fibonacci on one day and one month, as well as the Bollinger middle band on the chart. hourly items.
Then, one-day Pivot Point R1 and one-day Pivot Point R3 could test Gold buyers near $1940 and $1948...
TVC:GOLD Gold buyers appear to have found a temporary support at the July 12 low of $1932 at the moment. But the gold sellers are likely to regain equilibrium, sending the rate back to the static support seen around $1925.
Additional declines will challenge the early-July lows around the $1910 region.
Additionally, Gold buyers will find an immediate upside...
OANDA:XAUUSD Gold prices remain below the $1,950 and $1970 trading ranges that previously limited the XAU/USD moves as market participants brace for the expected release of US employment and activity data. Dad this week.
That said, the previous day's breakdown of the $1952 support confluence, resistance now serves as an immediate signal in favor of the Gold...
OANDA:XAUUSD XAU/USD briefly surpassed the 38.2% Fibonacci retracement level of its recovery, measured between $1,902.62 and $1,987.40 at $1,954.88, but remains below the retracement level. 23.6% retracement at $1,967.37, immediate resistance.
The daily chart shows that Gold is currently hovering around a bullish 100 Simple Moving Average (SMA), which maintains...
OANDA:XAUUSD The US dollar is looking to stabilize after the Fed's near-weekly drop, limiting Gold's attempt to recover. A fresh rise in US Treasury yields helped bids below the US Dollar.
However, a risk-on rally across Asia indices on rising expectations of Chinese stimulus could keep the Greenback bulls in check, supporting Gold prices.
China's official...
OANDA:XAUUSD Gold prices (XAU/USD) fell after a less confident recovery in Friday's European session as the greenback steadied further amid a likely recovery in the US economy. The precious metal faced the brunt of the stellar performance of the US economy in the second quarter, strong demand for durable products and already tight labor market conditions.
The...
TVC:GOLD Gold prices attracted some buying power in the Asian session on Friday and partially reversed the previous day's sharp decline to a two-week low on upbeat macro data from the United States.
GOLD is now trading around the $1,950 region, up 0.20% on the day, although the upside looks limited given the growing possibility of the Federal Reserve (Fed)...
OANDA:XAUUSD Gold prices fell more than $30 during the US session and remained under pressure amid a stronger US dollar and higher US Treasury yields. Technical factors also weigh on the yellow metal. XAG/USD bottomed out at $1,942 before recovering modestly.
Data from the United States shows the economy unexpectedly accelerated in the second quarter of 2023,...
OANDA:GBPJPY The GBP/JPY pair found strength around 180.80 and recovered strongly during the Asian session. The crossover attracts significant bids as the Bank of England (BoE)-Bank of Japan (BoJ) policy divergence is set to widen further.
According to Fibo and EMA showing great sell signal at the moment, let's wait for the profit I can bring you
OANDA:XAUUSD The 14-day relative strength index (RSI) heads north above the midline while the sloping 21 DMA is set to cross the 50 DMA to the upside, suggesting Bull Cross.
Technical indicators still favor Gold buyers in the near term.
On the downside, immediate support awaits at the intraday low of $1970, below which the 100 DMA of $1966 will come into play....
TVC:GOLD Gold prices rose on a daily basis, although XAU/USD established a new one-week low of $1,951.53 per troy ounce while holding below Monday's high of $1,967.85. The US dollar rose in the first half of the day as the gloomy mood favored the safe-haven currency.
The dismal macroeconomic figures released these days show the fragile economic balance most...
OANDA:XAUUSD Gold price does not work around 1960$ support turned resistance level including 100-DMA and 61.8% Fibonacci convergence in one day and one week.
The possibility of XAU/USD breaking above the 1,960$ barrier combines with the upbeat sentiment and a pullback in the US Dollar to keep buyers hopeful of breaking the 1,970$ resistance confluence that...
In a weekly time frame its exactly at resistance point though last two weeks candle were strong it didn't broke the resistance yet.
So doesn't need to jump in this lets give another week to settle down. If it breaks the resistance and also sustained above stongly we can expect minimum 30% ROI
After a significant move it took a quick steep and sustained exactly above its intial value. Demand zone is also right around its listed price which indicates buyers are willing to buy at this rate . Expected levels to reach are market in horizontal ray.
Though market is tumbling back and forth kpi is moving like it was in some other planet. Its magnitude around the market seems very strong compared to other mid caps. Since its listing this stock never looks down and we believe its final phase of momentum is about to begin.
