Hello everyone!
Gold continues to maintain its record low today. The price of gold globally fluctuated between 1,820 and 1,830 USD/ounce last night. As of 6 a.m. on October 4th, the current price of gold is trading at 1,824 USD/ounce, which is a slight decrease of 3 USD compared to the previous day's price of 1,827 USD/ounce.
According to the Federal Reserve...
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Today, the price of gold has dropped to its lowest point in 7 months. This decrease is a result of rising export benefits and inflation in the US, which is leading to expectations of tighter monetary policy.
Gold has been steadily declining since it failed to receive a price increase from $2068 USD and is now trading at $1823. While there have...
The market is experiencing fluctuations around its support levels. The price has been updated to a lower value. It is evident that the current trend is offering a discount, so if it rebounds from the resistance level at 1,05000 and rejects it, we may witness a subsequent movement. The previous support at 1,0400 can now be considered as a resistance area.
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Today, USDJPY experienced a significant drop, although it is merely a minor correction. Analyzing the technical analysis on the H4 timeframe, this currency pair continues to demonstrate an upward trend. Despite being influenced by selling pressure previously, it has rebounded by 0.13% today and currently sits at 149.27. Our...
Hello everyone! On the daily chart, the downward trend continues. After losing momentum from the level of 1.313 USD, GBPUSD is still on a decline. Additionally, market conditions seem unfavorable and with the tightening of Fed policies, GU has depreciated.
The next target for further decline can be seen at 1.2000 level, which is a strong psychological barrier.
Hello everyone!
Today, the price of gold has once again experienced a downward trend. After falling below the $1,900 threshold, gold has steadily decreased and is presently being traded at $1,818 with indications that it may soon reach the $1,800 range.
Increasing US bond yields and a stronger USD are persistently posing threats to precious metals and exerting...
Following a small rise on the prior day, GBPUSD extended its string of losses due to a combination of various factors that have boosted USD to its highest level since the beginning of the year, thereby exerting pressure on the primary currency.
Analyzing the technical outlook on the D1 timeframe, it still indicates a trend towards decreasing chances of a...
The USDJPY pair is maintaining a high level today, currently trading just below the 11-month high of 150.00 at around 149.68. The couple is waiting for signals from the Japanese government while taking into account the impact of words spoken by officials. The strengthening US dollar and higher yields on US treasury bonds have been driving this currency...
Hello everyone! Let's explore and discuss with AD!
Currently, the price of gold is trading at $1842, the lowest level since March 10, putting the last quarter of this year in a negative state. The USD is strengthening its strong recovery compared to before, reinforced by the recent price increase of the US dollar.
Looking at the D1 chart, we can argue that any...
The current price of gold is continuing its downward trend, with a trading value of $1,822 per ounce. This marks a decrease of $25 per ounce compared to earlier this morning.
In the past 10 months, the price of gold has reached its lowest level due to two factors: the US dollar reaching its highest point in 10 months and an increase in US Treasury bond yields,...
Greetings, everyone! Allow me to present an update on the current status of GBPUSD. The currency pair is currently holding steady at approximately 1.2186, continuing its downward trend. Efforts are being made to regain lost ground.
There is an anticipation of a minor decline in this particular currency pair, possibly reaching the psychological threshold of 1,211....
In the global gold market, the price of gold ended the week with a decrease of 15.9 USD to 1,848.4 USD/ounce.
There are three factors that contributed to the decline in gold prices. Firstly, the recovery of the US dollar weakened demand for gold. Secondly, higher US bond yields made them a more attractive investment compared to gold. Lastly, the Federal Reserve's...
The EURUSD pair is currently facing daily selling pressure and forming its lowest levels in the range of 1.0460 - 1.0455 on Tuesday.
According to Samson, the EURUSD pair will undergo a slight correction before declining to a support level at 1.0400.
Greetings everyone!
The ascending trend in the 4-hour timeframe was disrupted by a significant breakthrough at 0.593. Consequently, the NZD/USD currency pair remains under selling pressure below the 0.5900 level, having failed to sustain above 0.6000 during early Asian trading on Tuesday. At present, this particular currency pair is being traded around 0.589,...
Hello dear traders! What do you think of the new week gold?
Currently, at the beginning of the new trading session, gold has decreased slightly 2.5 USD and is trading around 1922.85 USD/ounce. Gold is having difficulty encountering an $ 1925 resistance area.
Samson believes this will be a mild price week of this precious metal because it can reach $ 1950 in the...
Let's explore the market today!
Today, gold price continues to decrease by US $ 10.6 to $ 1,915.2/ounce and there is still little sign that the downtrend is cooling down.
Gold has been heavily affected by the price increase of the US dollar and the increasing bond yields. The yield of American Treasury bonds has reached the highest level for many years, which...
Greetings, esteemed traders!
In recent times, the EUR/USD pair has been endeavoring to discover any notable catalyst for a price surge. Presently, it is trading within a limited range of 1.0500 during the Asian session.
The robustness of the Federal Reserve has bolstered US Treasury bond yields, thereby solidifying the position of the US dollar (USD). This...
Hello everyone! Let's discuss this currency pair with Samson at the beginning of the new week.
USDJPY continues to maintain its strong upward momentum in the new trading session this week. It is currently trading around 149.78 and is extending its gains towards the important level of 150.00, reaching a new 11-month high.
On the other hand, this currency pair is...
