Hello dear colleagues, what do you think the closing price of gold will be today? Last night, the price of gold decreased despite the sharp decline in the US dollar. Normally, a weaker US dollar would support an increase in the price of gold. However, in the last session, it defied market norms with a decline in the USD due to forecasts showing durable goods...
Hello dear traders, today GBPSUSD continues its winning streak during the recovery process, with trading levels around 1.266 and remaining within an upward price channel with stability. It is expected that the price will continue to recover after the correction phase and reach the lower limit of the ascending channel, while also testing the EMA 34 and 89.
Hello traders, what do you think about GOLD? The fear of risk has driven the demand for US government bonds, contributing to the prolonged weakness of US Treasury bond yields across the yield curve. The slight decrease in US Treasury bond yields helps limit the adjustment of Gold prices. In the coming days, the momentum of the US Dollar and US Treasury bond...
Dear friends, what are your thoughts on gold after a challenging week? Let's also strategize for the upcoming week. Looking back at the recent period, the price of gold has mainly been fluctuating around the range of $2022 to $2028, despite some news affecting gold, but not significantly. Until last Friday afternoon, gold experienced a significant volatility,...
The EUR/USD pair is trading with a softer tone as the US dollar (USD) modestly rebounds in early Asian trading on Monday. The market will be paying attention to the US PCE inflation data for January this week, which could cause some volatility. At the time of writing, EUR/USD is trading at 1.0818, down 0.01% on the day. With the possibility of forming a head and...
Hello everyone, RKarina is delighted to meet you all again. Let's discuss our strategy for the new week for XAUUSD! Currently, at the opening of the trading session, gold is moving quite steadily at around 2033 USD, with no change in direction compared to the last closing at 2035 USD. In terms of prospects: From a technical analysis perspective: the Bollinger...
Hello dear readers, it's RKarina here again. Currently, EURUSD has temporarily closed its trading activities and halted at the level of 1.081. It can be observed that the past week was a profitable trading week for buyers as the price was consistently supported and moved up from the newly established support level at 1.070. As a result, the risk sentiment has...
Hello everyone, today EURUSD has risen higher on Thursday, testing the highest bid price since early February before returning to the 1.0800 area after the European and US Purchasing Managers' Index (PMI) data came in slightly lower or contrary to expectations. With the ability to create DOW from the chart using Fibonacci retracement levels, the upward movement...
Hello everyone, it's RKarina here again. Overall, GBPUSD continues to trade in an upward trend. So, what factors are driving this upward momentum? Today, the GBP/USD pair achieved modest gains above the 1.2600 level in the early Asian trading hours on Friday. The decline of the US Dollar provided some support for the major currency pair. Currently, GBPUSD is...
Hi All, im sharing my new idea on banknifty and it looking bit expensive around 46500 above level if we get a bit correction we might able go long in banknifty BUYING AREA AROUND - 45500 TO 45200 LEVEL STOPLOSS WOULD BR - 44900 TARGET - 47000, 47500 THANK YOU ALL
GOLDEN INFORMATION: In Wednesday's Asian trading session, the price of gold (XAU/USD) experienced a slight decrease and moved away from its two-week high of around $2,048-$2,049 reached the previous day. This decline is attributed to investors adjusting their expectations regarding the pace and extent of interest rate cuts by the Federal Reserve due to strong...
After a good rally in Titan , now it has been exhausted . Bear engulfing pattern can be seen in 1D timeframe . Support has been broken today and closed below the trendline. Easy 3-4 % profit can be made or maybe 5% if it goes below RS 3549. SL:-3765.60 TARGET :-3549 Book 60% quantity with trailing SL and go target for 3500 RS. PS:- If you like my analysis do...
Hello everyone, what do you think about the USDJPY today? Will it increase or decrease in value? Currently, this currency pair is trading around 146.69 and has lost 0.12% during the day. The level of 147.00 has failed to sustain the current downward trend, and any further price declines are likely to find strong support near last week's low around the 145.65...
BTCUSDT continues to experience slight decline on Thursday, trading around the $42,000 mark. The weakening trend has not yet ended as BTCUSDT shows signs of convergence between resistance and the 34, 89 EMA lines. Sellers are currently targeting the nearest profit-taking level at $41,700. If this level is broken, it could open up more opportunities for sellers...
Dear friend, EURUSD continues its losing streak this week, with the price of this currency pair trading around the 1.081 level and struggling to find any significant support on the chart. The primarily influencing factors are market news and investor sentiment, along with the volatility of the USD. If sellers regain control, EUR/USD could potentially return to...
Hello, it's great to see you all again for today's discussion on EURUSD! Currently, in the early trading hours of Thursday, the EURUSD currency pair continues its downward trend, with the trading level at the time of writing being 1.081. The strengthening of the US dollar has sparked new selling pressure on EUR/USD, pushing it down to its lowest level in the...
Hello everyone! Today, the price of gold touched the levels of 2034 and 2036 USD at the beginning of Wednesday and is still mainly trading sideways as of the time of writing, although it is receiving strong support from the 2015 USD level and breaking out of the previous downtrend channel. Overall, the US dollar is regaining its position in the context of risk...
Hello everyone! Yesterday, gold experienced a significant price increase, jumping from 2030 to 2056 USD, equivalent to nearly 26 USD. Currently, the price is adjusting and currently stands at 2040-2041 during the early trading hours of the Asian session, with prospects still favoring the buying side. Despite the DXY index showing signs of development, gold...