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USD price increased dramatically, gold plummetedWorld gold prices dropped in last night's trading session after the US Federal Reserve's (FED) monetary policy meeting. On the other hand, the interest rate on 2-year US bonds jumped to 5.2% and 10-year bonds to 4.48%, stimulating investors to put capital into bonds. This means very little money flows into gold. The price of gold today is inevitable. Meanwhile, US and European stock markets continued to go red. Many stock investors have transferred capital into USD, helping this currency increase in price even more, putting the gold market in a disadvantageous position. Technically: Gold is still in the main downtrend, so the price is likely to decrease quite a lot.
OANDA:XAUUSDShort
by Samson-FX
EUR/USD in the second price increase, buying or selling?Hello dear traders! Currently, EUR/USD is trading under pressure below 1,0700 in a cautious session in Asia on Tuesday. It is speculated that ECB completion of interest rates will interfere with the common currency, while the USD's price reduction action can support this pair of money. On the 1 hour chart, we can see that this pair of money is recovering from low for months. The important resistance level is 1,0710 and the closing of the daily level can show that the euro will decrease slightly. In one way or another, it is a decrease in the trend of 1,0715 to strengthen the prospect for the euro.
by Samson-FX
GBP/USD analysis in pricing prospectsGBPUSD is undergoing a decrease in value with a decreasing wedge model. On the H4 chart frame, we observed that it seemed that the Guam still found a suitable point under the 1237 -priced area of the ability to break the positive resistance of the resistance threshold in the decreasing trend. Confirmation will occur if the closing price of 4 -hour candle is exceeded this level. After this appearance, one can expect the continued price increase towards predetermined goals. In addition, breaking the red area is marked, going down will make the price drop significantly.
Long
by Samson-FX
USD/JPY continues to trade higherBecause there are no immediate signs of changes in the Japanese bank's policy (BOJ), the market may return to USD/JPY trading at a higher level. Currently, the treasury bond interest rate is still increasing and the gap between the UST-JGB interest rate continues to expand or maintain. Therefore, it is likely that USD/JPY will continue to be updated. Looking at the technical picture on the D1 time frame we can see that gold is passing and in defense. Given that the trend line still has the possibility of gold will reach the psychological port of 150.07 JPY.
by Samson-FX
Gold price analysis todayHello Samson! Are you wondering how gold price is trading today? Currently gold price stands at 1,932 USD/ounce, up 9 USD/ounce compared to the same morning. Looking at the technical picture, we can see that gold has returned to the expected resistance line. Assuming that the short -term trend line still has the possibility of gold will break through the 1937 resistance level and aim for the target of 1945 USD and 1955 USD respectively. Can invite many buyers to participate in the game.
OANDA:XAUUSDLong
by Samson-FX
NZD/USD trades higher than despite weak economic data from New ZNZD/USD starts a new week with a positive sign, higher transactions around 0.5910 in the Asian session on Monday. This pair of money is receiving support for increasing interest rate decision of the US Federal Reserve (Fed) expected on Wednesday. Looking at the technical picture of NZ we can see that this pair of money is in an uptrend. So we should set higher goals. It is likely that it will reach 0.594 USD. Good luck.
by Samson-FX
GBP/USD continues the chain, buying at this time?Hello wise traders, this week is a week of heavy development for the GBP/USD pair when both the Federal Reserve (Fed) and the British Bank (BoE) are preparing to make a decision to make interest decisions The week in the middle of the week. The pound (GBP) is fighting for its position compared to the US dollar (USD) when investors prepare their position. 🔥 Technical face: GBP/USD has passed the beginning of this week. This currency started at nearly 1,2400 and had to struggle to find motivation since then. The day action shows that the exchange rate has fluctuated between 1,2400 to 1,2380.
by Samson-FX
EURUSD positive before the big day of the FedOn EUR/USD, looking at the technical picture we can observe the set up setting with the trend of increasing on H4. The price is approaching the significant bridge area on H4, where it can find support on the trend line and then start a move to go up. The first goal will be the first significant vibration at 1,0718 and then the H4 resistance area at 1,0740. It is worth noting that in the Asian session, the price has recorded a significant low fluctuation at 1,0678, this signals the market capacity on today's price.
Long
by Samson-FX
What is the next goal of gold?Hello everyone! Today, the decline of the US dollar (USD) is an important factor to promote gold price increasing and trading around 1933 USD/ounce. On the H4 chart in the long run, it is possible that the range of $ 1945 - $ 1947 will be the area that traders increased prices as well as a strong semi -seller for the seller. But with the market today there is no news like this, selling at $ 1933 will become more suitable for the purpose of expanding the scale.
OANDA:XAUUSDLong
by Samson-FX
USD/JPY reached 1.07 price increase, should buy or sell?Hello everyone is Samson here, today USD/JPY recovered after the loss was recorded the day before, the transaction was higher than about 147.70 in the Asian session on Tuesday. This pair of money is receiving support for price increase before the interest rate decisions from the US Federal Reserve (Fed) and the Japanese Bank (BoE). Looking at the technical picture of USD/JPY on the H1 time frame we can see that gold is in the trend of increasing so we should stick to the script and target higher. If that occurs, it is likely to reach $ 150.00.
by Samson-FX
Forecast of gold price today and forecast next timeHello everyone! Currently, gold prices are trading steady as supportive policy measures and strong business activity data from China have boosted market sentiment and dampened safe-haven demand for investors. against the US dollar, limiting the currency's recent gains. Furthermore, the stagnant sentiment surrounding US Treasury bond interest rates is also supporting gold prices without generating profits. Looking at Gold's technical picture on the 4-hour chart, we can see that strong resistance at $1,920 is holding with a possible drop to $1,900. In the near future, there could be a scenario where gold sellers break the support level to start a new downtrend towards the static support level at $1,885.
OANDA:XAUUSD
by Samson-FX
2
AUD continues to recover while still having difficulty resistancHello dear friends! Audusd continues to shine today when maintaining a significant increase and is currently trading about 0.645. Looking at the technical picture in today's 4 -hour chart, Au is receiving strong support and the next goal will be the 0.650 area. This is a strong resistance area when Au has reached the peak twice but cannot overcome, forcing Au to have a very strong motivation in the near future if he wants to overcome this resistance area. And bring many buyers to the market.
by Samson-FX
Analysis of NZD/USD market: Continuing the trend?NZD/USD reverses trend and gains momentum above 0.5920 mark following upbeat China data. China retail sales (August) increased 4.6% from 2.5% previously; Industrial production improved to 4.5% from 3.7% previously. Upbeat US data on Thursday showed the US economy remained resilient and inflation rebounded in August. In response to the data, China proxy New Zealand (NZD) attracted some buyers and acted as a tailwind for the NZD/USD pair. Looking at the technical picture of NZD/USD on the 4-hour chart, we can see that the pair is still in an uptrend. That means we will follow that trend and aim higher if that happens to potentially reach $0.5960.
by Samson-FX
USD/JPY market analysis todayLooking at the technical picture of USD/JPY on the 4 -hour chart, they can see that: Currently, the USD/JPY pair is maintaining an increase within the limit between 147,00. From the strong US economic data, it has contributed to consolidating the US dollar (USD). In addition, the US dollar index (DXY), USD measurement compared to other six main currencies, remains over 105.35 and is close to the highest daily store since March. Currently, this pair of money is trading around 147.45 with a slight decrease of 0.02% in today's session so it can be the motivation for gold to continue the increase in the short term.
by Samson-FX