Hello dear friends! Today, USDJPY continued a series of lackluster trading days, with prices stagnant compared to last week, fluctuating around the 151,300 mark due to lack of momentum and dependence on market news.
Short-term expectations suggest stable volatility within a range, with little intraday volatility expected as EMA indicators remain inconclusive....
Opening the new week, gold witnessed a strong breakthrough, with a sudden increase of nearly 25 USD, reaching a record high of 2265 USD in just the first hours of Monday. This growth marks a historic turning point, clearly reflecting investors' preference for gold - a safe haven option amid growing economic instability concerns and forecasts. interest...
Hello EURUSD observers!
The currency pair ended the week on a gentle note, hovering around the 1.0789 level with a strong downward trend. It seems unaffected by the US PCE inflation data and maintains a stable trajectory.
Looking ahead, I predict that the EURUSD exchange rate will continue to decline, with an immediate stop at 1.076. The EMA lines at 34 and 89...
Gold has surged to an all-time high of $2,233, surpassing the quiet trading atmosphere during the Easter holiday, which reduced market activity. The global pause on Good Friday, particularly in major markets including the US, has significantly eased the usual chaos surrounding the price of gold.
Despite the temporary lull, the trajectory of gold seems poised to...
Hello dear friends, let's explore the gold market over the past week!
The previous week was particularly significant for gold, as it experienced a strong surge in price, reaching its all-time high of around $2,237. This increase in price was driven by market expectations of a potential interest rate cut by the Fed, prompting investors to flock towards gold and...
The global price of gold has seen an impressive increase, rising by $38.8 to $2,233 per ounce, marking its strongest month of activity in over 3 years. This surge has been driven by expectations of interest rate cuts in the US and strong demand for safe-haven assets. Spot gold has risen nearly 2%, reaching its highest point since July 2020 with a 9% increase,...
Hello dear trading community! Today, let's explore the GBPUSD pair together!
Currently, GBPUSD is moving steadily, fluctuating around the 1.263 level, with minimal changes compared to yesterday's session. It seems that today, with the world on holiday, there won't be many significant fluctuations affecting our trading strategy.
In the short term, the range...
Welcome investors,
As we close this weekly trade, our attention is directed towards the GBP/USD currency pair. What is worth noting is the stability, with price fluctuating around the 1.261 unit, accurately reflecting our draw forecast of a sideways trend from today past.
During the second half of the week, we found the US Dollar exerting pressure on the GBP/USD...
Hey there, forex family! Today, EURUSD takes a momentary pause as the global market enters a holiday period. However, looking ahead, the US dollar is strengthening, influenced by hawkish sentiment surrounding the Federal Reserve and expectations of higher interest rates.
Technical analysis adds to the story, as the price breaks below the 1.0800 support level and...
The USDJPY pair continues to trade quietly and seemingly stagnant at record highs, lacking upward momentum. The prevailing trend favors a sideways movement despite signals from the EMA 34 and 89 continuing to support an upward bias.
From a technical standpoint, any further price increase may encounter strong resistance and remain limited near the 152.00 level....
Today, USDJPY concluded its trading activities around the level of 151.35, with little change due to continued subdued trading throughout the past week. The strength of the US dollar, reinforced by hawkish statements from Fed officials, has not yet provided enough motivation for a significant increase in this currency pair.
In the short term, the trend remains...
Idea of gold trading: The price of gold in the world market has increased during this morning's trading session due to the lack of improvement in business environment and consumer confidence in the European economic region in March. Investors have expressed concerns about the global economy facing difficulties, leading them to increase their purchases of gold as a...
Gold prices returned to the red zone below $2,200 in Asian trading on Thursday, following a two-day recovery. However, gold and other precious metals remain constrained and are yet to make a breakthrough.
The scarcity of economic data in the US has prompted investors to buy gold on Wednesday, amid increasing speculation about a Fed interest rate cut in June. All...
Hello dear friends, let's explore the price of gold today with RKarina!
Currently, gold continues to maintain its strong position on Thursday, with prices showing a significant increase from $2175 at the same time yesterday, and currently hovering around $2190.
As a result, the precious metal is on an upward trend as investors await inflation data from the...
Hello all traders!
Today, I want to share my thoughts on the EURUSD currency pair, a hot topic for those who closely follow the forex market. Although EURUSD is still holding above the 1,080 support level, I see that the signal is not very positive for the future of this pair.
Looking at the long-term trend, it seems that the pair is on the decline....
Hey there! Are you wondering whether GBPUSD will rise or fall today? Let's explore and find out together!
Yesterday, GBPUSD continued its downward trend, seemingly solidifying its bearish trajectory by breaking below the support level at 1.261. The reversal signal from the 34 EMA line further indicates that the bear camp is currently dominating the market....
On Tuesday, GBP/USD recorded a bullish rally, reaching a high of 1.2670. However, this upbeat event did not last, and the pair lost its upward momentum in the second half of the day, when it finally traded below 1.2650 light to Europe Wednesday. Despite signs of technical indicators suggesting an increasingly strong bearish trend, the price currently remains...
Hello traders!
Gold continues to tread water, maintaining stability around the $2077 level after touching $2200 yesterday. As the days go by, traders eagerly await the final GDP estimate from the US on Thursday, along with data on jobless claims and weekly personal spending. Additionally, the release of the US PCE Index on Friday could be a significant event risk...
