Till the time 65420 is support look for 70000.
RSI is above 50 also showing bullishness, Macd is also showing bullishness.
We can see 66500 and 67500 and 68500 70000.
Plan Accordingly, Happy trading. 😉😉
The USDJPY currency pair continued its impressive upward streak, breaking the 152,100 resistance and climbing to a new high of 154,900. This upward momentum is reinforced by strong technical indicators, forecasting an optimistic future. Careful analysis using the Fibonacci tool shows that this trend is not just random but can continue to 163,450, our first take...
On Wednesday, during the first Asian trading session, the GBP/USD pair rose to 1.2450. Optimism from April's US PMI data and increased demand for risk assets have put the US Dollar under selling pressure, which in turn boosted the price of GBPUSD. Later in the day, US Durable Goods Orders and Weekly Mortgage Applications figures will be released.
However, from a...
Hello readers,
What do you think about gold price developments today? Gold is currently trading at about 2,318 USD/ounce, down slightly by 0.17% compared to yesterday, equivalent to a decrease of nearly 5 USD at this time and is in a downtrend.
This precious metal encountered a significant decline after investors took profits, unable to maintain the...
The Japanese Yen (JPY) is currently struggling to capitalize on any gains against the US Dollar, remaining near multi-decade lows. The Bank of Japan (BoJ) is not in a hurry to normalize monetary policy, while the US Federal Reserve (Fed) is forecast to keep interest rates higher for a long time due to persistent inflation. This reduces the appeal of the Japanese...
Hello dear friends! Today, let's explore the latest developments in the gold market.
As Tuesday's trading session began, we saw gold prices quickly decline. Currently, the price of this precious metal has decreased by about $26, fluctuating around $2300, which is down 1.08% over the day.
This price decline followed after gold reached a peak of 2,400 USD, before...
Hello dear fellow travelers! What are your thoughts on the direction of GBPUSD?
Current rumors suggest GBP/USD is moving cautiously, near 1.2350, which is the lowest level since mid-November, when Tuesday's Asian session first began. The USD index is consolidating its position above 106.10, while traders patiently await global PMI data from the US and UK for...
Hi everybody,
EUR/USD is approaching a key zone near 1.0650, after a fairly quiet Tuesday when the pair remained largely unchanged, awaiting a series of upcoming economic data. Both the US and the Eurozone are preparing for the release of Purchasing Managers' Index (PMI) figures next Tuesday, while key US figures will be released later. week, amid speculation...
Hello everyone, what do you think about the gold price today?
Recently, gold has experienced a significant price drop, from nearly 2400 USD to about 2311 USD, down nearly 65 USD compared to the previous day.
So what has led to this sharp decline in gold prices?
Global economic news: Before the June monetary policy meeting of the US Federal Reserve, the market...
Hello everyone, it's RKarina again!
EUR/USD has turned lower after rising in previous trading sessions, currently stabilizing around 1.0650 during the European session on Monday. The current trend of the pair is bearish, recorded at 1.064, because of increased demand for the US Dollar as a safe haven due to the decline in risk appetite. The market is currently...
Hi everybody! As I am writing these lines, XAUUSD has seen a significant price drop, down $35 in the early hours of Monday morning and is currently sitting at around $2356. The short-term outlook suggests further downside is likely.
Current chart analysis shows that gold is under downward pressure after overcoming two key support levels. This reflects the...
Hello everyone, let's explore the price movements of gold in the new week!
At the beginning of the trading week, gold quickly adjusted downwards, losing nearly $23 in the first few hours of the Asian trading session. Currently, the price of gold is at $2369 and it is projected that in the short term, this metal may continue to decline after reaching the trendline...
History of SENSEX
S&P BSE SENSEX, first compiled in 1986, was calculated on a 'Market Capitalization-Weighted' methodology of 30 component stocks representing large, well-established and financially sound companies across key sectors. The base year of S&P BSE SENSEX was taken as 1978-79. S&P BSE SENSEX today is widely reported in both domestic and international...
What is the historical return of Nifty 50?
Nifty 50 Total Return index Performance
The Nifty 50 TR index has returned 11.8% CAGR, 17.6% CAGR and 28.4% CAGR over the last 15 years, 5 years and 1 year respectively. Volatility has been 22% over the last 15 years, 18.2% over the last 5 years and 15.8% over the last 1 year. All data are as of December 15, 2021.
How...
Who is the owner of Bank Nifty?
NIFTY 50 -
Nifty 50 is owned and managed by NSE Indices (previously known as India Index Services & Products Limited), which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited.
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Global gold prices have witnessed a significant price increase due to ongoing tensions in the Middle East, despite positive economic data from the US. The escalation of tensions, with Israel expressing its intention to respond to attacks from Iran, has ignored calls for restraint from the West.
In this context, with the continued increase in geopolitical...
Hello dear traders!
EUR/USD has recovered momentum and now sees positive growth, surpassing 1.0650 today. This upturn was a result of the earlier reduction in flight to safety, pressuring the US dollar as the week ended, thereby boosting the pair.
However, EUR/USD's upward momentum may only last in the short term because it has not yet surpassed the two EMA lines...
