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...
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...
The GBP/USD currency pair is struggling to find a price floor despite market optimism and widespread weakness in the US dollar. On the 1D chart we can see that the pair is trading in a defensive range. It is likely that this pair will reach the 1,250 USD mark. Before new behavior.
It is important to remain cautious ahead of significant risks such as UK inflation...
Hello traders. Today, our expectations that NZD decreased lower yesterday did not come true because it was traded within 0.5895/0.5920. The motivation of going up is showing signs of formation, although only exploration. Today, as long as NZD maintains over 0.5895 (small support is 0.5910), it can be stronger, but it is difficult to break the main resistance...
Hello dear readers!
The GBP/USD pair today continues to attract attention when below the threshold of 1,2400 for two consecutive days. The exchange rate has continued its decline from the previous day to reach a low level in three months and currently floating in the vicinity of 1,2420-1,2425, marking an increase of 0.10% when established.
Hello everyone! Today, EUR/USD is maintaining its uptrend with positive signals on Monday. The pair is receiving bullish support due to improving market sentiment and a broad-based pullback in the US Dollar.
Given that the trend line remains intact as a rule we must stick to the script and aim higher. If that happens, it is likely to reach 1,073. Multiple buyers...
Hello 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...
Hello 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...
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...
Looking 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...
Hello rich traders. EUR/USD now extended the previous session's gains, trading higher around 1.0730 during the early hours of the European session on Monday. This pair's rise is due to the decline in the US Dollar (USD).
despite signals from the 10-year US Treasury bond interest rate increasing to 4.29%, an increase of 0.52%.
Hello dear traders! Are you wondering how the NZD/USD pair is trading today? It has now fluctuated down to $0.59076. On the 4-hour timeframe, you can see the pair is trending up along the trendline. But in the short-term market, short-term prices may decrease due to some negative effects from the increase in inflation, then prices will increase again according to...
Hello dear traders.
Gold price today fluctuated up 2.5 USD to 1,922.4 USD/ounce.
The precious metals market was quiet in the first trading session of the week due to the lack of data and events stimulating the market. We need to wait for more inflation data to get more clues about the upcoming direction of the US Federal Reserve (Fed) and then have the next...
Hello dear readers! Are you curious about today's gold price? Today, the price of gold has fluctuated slightly, down 10 USD/ounce to 1,922 USD/ounce compared to yesterday's trading session. Although the USD-Index decreased, it still maintained its position at a high level. In addition, rising US Treasury bond interest rates also contributed to the decline in gold...
USD/JPY supports near 146.00 after vertical sell-off The asset finds intermediate support as the impact of talks about exiting the negative interest rate stance begins to fade.
Meanwhile, the US Dollar Index (DXY) corrected slightly after a six-month high near 105.00 (Fed) favored keeping current interest rate policy unchanged in September due to falling inflation...
The NZD/USD pair steadied its bid above the 0.5900 circular resistance late in the European session.
Inflation data showed a nominal improvement but the overall outlook remains vulnerable as household demand is thin due to slow job growth. Investors hope a series of stimulus supports to stimulate the Chinese market will boost growth prospects.
Hello everyone! The AUD/USD pair received strong buying pressure on the first day of the new week and maintained strong intraday gains, near multi-day highs in the first half of the European session. currently trading just below the mid-0.6400s, up nearly 1% on the day and receiving support from a sharp decline in the US Dollar (USD).
Investors were cheered by...
Hello dear traders! Happy to share with you about today's market.
EUR price traded between 1.0700 and 1.0750 yesterday. However, it fell to a low of 1.0685 before ending the day at 1.0699 (-0.26%). While the downward momentum lacks momentum, EUR's weakness is still unstable. EUR could continue to weaken today, although key support at 1.0635 is most likely out of...
