GBPUSD weakened before England's dataHello traders, what do you think about GBPUSD? This pair of money has reached under the resistance area. On the other hand, his economic data is weakened. It is expected that it will decrease at least to the point that is specified with the upward adjustment and reaching the specified resistance area.
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What promises GBP/USD?Today, GBPUSD continues to string of losses, reaching the lowest level for months. Currently, the price is trading at 1,2238 and there is no sign that it will prevent the downtrend. On the other hand, along with the weak economic data in the UK, the British bank (BoE) must tighten the policy. Therefore, the increasing difference in policy between the Federal Reserve and Boe can cause GBP/USD to go down. It is expected that it will be reduced at least the specified level with the upward adjustment and reach the specified resistance area.
Gold fluctuations increasing, attracting buying forceHello everyone! Today, gold price has fluctuated slightly in the third day in a row and is gradually increasing to 1938 USD in the Asian session. Xau/USD is currently seeking to develop based on recent good recovery from about 1,901 USD.
Looking at XauUSD's technical picture, we can see that gold has passed the trend of decline, showing that gold has the potential to find a new peak. If that happens the possibility of gold will reach 1938, 1945 and finally 1950 USD. Can invite many buyers to participate in the market.
XauUSD- After the news from the Fed, how to change?The world gold price today listed in Kitco at 1,931.7 USD/ounce.
It can be seen that today Gold passing the US Federal Reserve (Fed) decided to keep the interest rate between 5.25% to 5.50% at the Monetary Policy Meeting. Looking at the technical picture on H4 time frame, gold is in a main trend of increasing, so we may follow that trend and target higher at the psychological resistance of 1944 USD. After forming Dow theory.
Gold maintains the rising momentumCurrently, the gold market is still trading quiet at 1928 USD with little fluctuations after the Fed information decided to keep the interest rate at 5.25% to 5.50% at the Monetary Policy meeting in September . Gold continues to move in defense levels with fluctuations within $ 1937 resistance and support at 1918 USD.
The next plan of NZDUSD is reducedToday, NZDUSD is currently trading around the price of 0.595 after facing a significant selling pressure close to the psychological resistance of 0.6000. It has formed a two vertex model on the 4 -hour chart.
From Samson's personal point of view, it is likely that a short -term decrease adjustment in the short term, with the exchange rate under the trend line and reduced to the support level of 0.588.
NZD/USD maintains above 0.5950 compared to the US dollarHello dear traders! Today NZDUSD continues to shine when it maintains its stable increase at $ 0.595. And still in the trend of increasing, constantly receiving support. In particular, New Zealand economic data seems to have better recovery than expected.
The US dollar index (DXY), measuring the value of the greener compared to other main currencies, is having difficulty taking momentum. Spot price fluctuates around 105.50 at the time of writing. Therefore, it has contributed to further support of NZD/USD.
NZD/USD increased by Fed's policyHello dear traders! Today, NZD/USD has fluctuated in the third consecutive day in the uptrend, trading above 0,5940 in the Asian session on Wednesday.
However, the couple faces pressure from the decision of the US Federal Reserve.
The US dollar index (DXY) increased sharply in the US trading session on Tuesday when the market psychology worsens and the interest rate of the US Treasury bond increases, thus putting pressure on this money briefcase.
Gold recovered but still facing difficultiesHello traders. What do you think of gold? On the 4 -hour time frame we can see that gold is trying to recover the hole of the previous day, currently trading at 1927 USD.
However, with the influence of the interest rate of the US Treasury bonds for many years, this is capable of preventing the significant increase in gold price.
According to Samson's own opinion, gold will quickly retreat to 1896 before any move of the upcoming Fed.
AUD/USD fluctuates above psychology 0.6400AUD/USD extends the loss on Monday, the transaction is around 0.6410 in the European trading session on Thursday. The hite stance of the US Federal Reserve (Fed) on interest rate trajectory puts pressure on the couple.
The US dollar index (DXY), a measure of the greener's performance compared to the other six main currencies, has expanded the increase and is trading at the highest level in 6 months of about 105.50 and causing pressure. force this currency.
USD/JPY increased sharply in the context of fear of interventionCurrently, the USD/JPY pair has increased to 148.00 after breaking from a low level of 147.47 at the beginning of Asian trading hours on Thursday. At the time of writing, this pair of money is trading at 148.28, up 0.06% a day.
Technical about:
This pair of money is still trying to consolidate and maintain a rise for several consecutive days.
However, investors should still be cautious because all attention is focused on the decision of the Central Bank of Japan (BoJ) on Friday, which can lead to the decline of money pair. This before the event took place.
NZD/USD continues to increase the trendHello traders. What do you think about NZD/USD? Today we have witnessed the next rise of this pair of money reaching 0.595 transaction and still maintained in the main trend of increasing.
The next goal of this money pair 0.5898. We need to consider if this pair of money exceeds the above level, we can attract a number of buyers higher than 0.600 to reach a higher peak.
The maintenance of gold has increased, the next goal is determinHello traders. What do you think of gold? Gold price fell on the third consecutive day on Thursday. The decline occurs when interest rates are reduced, showing that a significant decline may not occur at this time. However, capable of recovery in the short term, with the original goal of the weekly high level of 1947 USD/Troy Ounce (September 20).
GBPUSD maintains low levelsHello dear traders.
Currently, GBP/USD is still having difficulty taking advantage of modest increase from the previous day. This pair of money is still below the level of 1,2300 and seems to be susceptible to the decrease trend that has been clearly established in the past two months.
Looking at the technical picture on a 4 -hour time frame, we can clearly see that this pair of money is still in the trend of decreasing in the resistance range of 1,2345
EUR/USD holds losses, in the context of the US dollar riseEUR/USD is being traded at a low level of weekly, namely less than 1,0650. In the fifth session in Europe
About market news:
As expected, the Federal Reserve has maintained the current interest rate, but they haunted that there may be another interest rate hike before this year ends. This news has increased the yield of US bonds to the highest level in a few years, leading to a stronger US dollar.
Technical about:
This pair of money has escaped the trend of increasing the potential in the blue frame and has broken this trend to return to the main trend of decreasing, so the likelihood of decrease is quite a lot.
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.
21 Sep ’23 Post Mortem on BankNifty - will 44429 get broken ?BankNifty Analysis
One thing that really gave me confidence in the bearish move was the build up of momentum in banknifty. I did not get this feedback from Nifty, but Banknifty’s pulse gave me hope that further down moves are highly possible.
Since I rely on options flow also to gauge the sentiment - the intensity of CE shorts were too good today especially in the last 1 hour of trade.
Nifty had a flattish day after the 1st hourly candle - but take a look at banknifty. The 3rd candle onwards everything was in RED. 567pts out of 760 came in this period - and the rest points actually came in gap-down. When the market falls in normal trading hours - it gives a boost of confidence vs fall via gap-downs. That is because traders prefer to see the sentiment changing hands.
For tomorrow I am continuing the bearish stance with the first target being 44429 and then 44236. If 44068 gets taken out in next 2 sessions - it is going to be a game changer
EURUSD continues to decreaseHello everyone!
Today EUR/USD continues to decline in the US session on Thursday, falling to the area below 1,0640 when the euro's increase trend disappears into Ether.
The euro continues to slide down to a new low level for six months, showing that this pair of money will tend to discount sharply if the buyer cannot perform a relief recovery from here.
Good luck traders.
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.
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.
GBPUSD is currently psychological warToday, GBP/USD is currently fighting at 1,2300, marking the lowest level in 5 months of trading in Europe on Thursday.
Market:
This currency pair is heavily committed by the Fed's hawk stance and the ability to suspend interest rates, after inflation decreased unexpectedly in the UK and SNB's surprising decision in keeping interest rates.