Hello everyone, this is Samson. Yesterday we witnessed a significant drop in the price of gold, falling from $1900 to $1874. The strong support level at $1900 was broken, indicating that the trend today may continue to be bearish.
Furthermore, market information suggests that the strengthening of the US dollar is not solely due to an improved US economy but...
During the Asian session on Thursday, the GBP/USD pair experienced a slight increase and moved away from its lowest point since March 17, which was around the 1.2110 area it reached the day before. However, the price of the pair is still below the mid-1.2100 level and appears to be susceptible to a continuation of its downward trend that has persisted for...
Hello everyone.
At the moment, there has been a decline in the value of gold. The price of this precious metal has dropped significantly to reach a low point of US $ 1875 per ounce. This unexpected decrease took place several days ago.
Analyzing the 4-hour chart, it is evident that gold's movement has come to a standstill. However, any potential recovery today...
Hello everyone.
As I analyzed yesterday, the price of gold today continued to decline, reaching a level of around $1901 in early Wednesday trading. This precious metal is still weighed down by the recovery of the US dollar and higher US bond yields. Gold is still receiving strong support due to ongoing market instability.
According to Samson's personal...
Hello dear traders! Let's explore the market with SamSon!
The NZD/USD pair has been trading in negative territory for two consecutive days during the Asian trading session on Wednesday. The appreciation of this currency pair is supported by a stronger US dollar (USD) and risk aversion sentiment. Currently, this currency pair is trading near 0.5932, down 0.20% for...
Join Darius as we delve into the market today.
During Thursday's Asian session, EUR/USD is trading above 1.0500, making a gradual comeback from its eight-month low of 1.0488. The pair is receiving some support due to a slight decline in the US Dollar and sluggish US Treasury yields, amidst an optimistic sentiment.
The lowest point reached by EUR/USD was 1.0488,...
Hello 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...
Hello 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.
Yesterday 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...
Hello 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...
Hello 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.
Samson 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...
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...
Hello traders, what do you think about gold? An important resistance level in the 1927 region is expected to decrease at least to the prescribed level and then increase as prescribed.
Hello 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...
Hello 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...
Hello 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.
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...
