GBPUSD continues to decrease as USD increasesHello traders what do you think about GBPUSD?
The GBPUSD pair is on sale from $ 1,240. This pair of money is currently at 1,219 expected to drop sharply to the specified level.
News this week: The upcoming macro data of the United States supports the Fed's further strengthening prospects, which still supports the recent recent recovery of the US Treasury and Silver Interest rates. Late green. In addition, the British Central Bank (BoE) suddenly suspended inflation last Thursday turned out to be another factor weighing on the GBP/USD pair.
Predictive
USDJPY is waitingHello dear traders! What are your thoughts on USDJPY?
This currency pair is currently trading steadily at 148.79. The level of 148.88 is quickly identified as a resistance level at this moment.
It is expected that in the short term, this currency pair will be sold short before rising to the designated level.
USD continues to accelerate, gold plummetedYesterday evening, the price of gold experienced a sharp drop, falling from $1,915 to $1,900 per ounce. This marks the lowest price that gold has reached in September 2023. Currently, the price has settled at $1,896 but the downward trend persists.
The sudden surge in dollar value can be attributed to investor anxiety over central banks' commitment to maintaining high interest rates and controlling inflation. Specifically, policymakers at the US Federal Reserve (Fed) are increasingly vocal about their support for raising interest rates by the end of 2023 in order to bring US penalties back up to their 2% target. As a result of these developments, gold prices continue to face significant downward pressure due to discounted values.
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USD/JPY increased but still encountered obstaclesHello traders. What do you think about USD/JPY? Currently, this pair of money is trading at 148.32 USD after going up from $ 145.90.
Looking at the technical picture on a 4 -hour time frame, we can see that gold is in the main trend of increasing and receiving strong support from 147.50.
However, you can see that this currency has reached the resistance area. It is expected to at least decrease to the prescribed level.
USD/JPY passed below 148.50 in the context of concernsHello dear translators, today USD/JPY continues to increase stability at 148.50 USD.
On the 4 -hour chart we can see, it seems that this pair of money has cooled down in the increase.
Samson predicts that in the short term, this cash briefcase will have a slight decrease. Although this is only a prediction, we need to focus on Fed.
USDJPY continues to increase fluctuations within 149.00Samson extends his greetings to all of you!
The value of USDJPY has been consistently rising, maintaining its upward trend and surpassing 148.00.
Currently, UJ is being traded at approximately 149.025, which marks a new record high. Moreover, the Federal Reserve has indicated their potential to raise interest rates at least once within this year. This allows the US dollar (USD) to remain strong and near its peak from the beginning of the year until now. It also serves as a driving force for the USD/JPY pair, assisting in its continuous growth.
What are your thoughts on this currency pair?
USDJPY gloomy transactions should be noted?USDJPY continues to maintain its strong position at a high level, reaching a trading threshold around the price of 149.38 USD.
The DXY has risen to nearly 106.30 despite a decrease in consumer confidence in September. The United States Conference Board reported on Tuesday that consumer confidence in the US economy has declined across all age groups. Psychological data dropped to 103.0 in September compared to August's 108.7 level. Households seem concerned about difficult consumer inflation, political instability, and higher interest rates, which could potentially impact this currency pair and cause them to decline.
In my personal opinion, there may be a slight adjustment but don't worry too much as it could just be a minor correction while UJ itself is still demonstrating its resilient strength at high levels.
Objective 1906 for gold price at the beginning of the weekHello dear traders, what do you think about the new week gold? It seems that in the first trading session of the week, Gold seemed not to escape the resistance of 1927 USD but still set aside to maintain the price of 1903 - 1905 USD.
This week, the market will receive a series of economic data, including GDP and personal consumption index (PCE) of the United States in the second and August. Next of gold.
In the short term, it is expected to drop to at least $ 1906. with the increase in the prescribed level.
Gold is going to low $ 1900Hello dear traders!
Currently, the gold market continues to decline after breaking the uptrend line at $1920 and trading at $1911, a decrease of about $5 compared to the morning session.
It can be seen that the recovery of the USD is an important factor affecting this precious metal, causing its price to decline. On the 4-hour chart, we can see that Gold is looking for a new support level at $1903.78 per ounce.
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.
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.
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.
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.
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.