The price of gold today did not decrease as previously predicted, instead it continued to move sideways and traded around the $2180 mark in the early hours of Tuesday. The market remained quiet on Monday due to a lack of significant news, resulting in no significant changes in the price of gold. Gold still shows a long-term upward trend, but at the moment, it is...
GBPUSD regains 1.2800 after snapping a six-day losing streak, making rounds to 1.2820 heading into Tuesday’s European session. In doing so, the Cable pair portrays the market’s cautious mood ahead of the all-important UK employment data and the US Consumer Price Index (CPI) figures. That said, the overbought RSI (14) line joins the pre-data anxiety to test the...
Hello dear friends! Today, EUR/USD is trading in a tight range below 1.0950 in the morning of Monday in Europe, extending its sideways movement in the context of a stable US dollar and mild risk sentiment. Traders are cautious about placing new bets on the major currency ahead of the US CPI data release on Tuesday. This will be a significant news that will...
Hello traders, this is a comprehensive analysis report. The price reversal is going up, indicating a strong buying opportunity for USDJPY. Traders, if you like this idea or have your own perspective on it, please leave a comment. I would be delighted to hear from you.
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Hello dear friends, let's find out about the gold price today and evaluate the strategy for this week! Last week, we witnessed a strong surge in Gold and it surpassed its all-time high with a figure close to $2200. We expected it to correct its trend last week, but it seems that the buying side continues to push it higher, and it is currently trading around $2180...
USDJPY seesaws at the lowest level in five weeks as bulls and bears jostle after the biggest weekly loss in eight months. In doing so, the Yen pair fails to justify better-than-previous Japanese GDP while challenging the four-day losing streak. That said, the oversold RSI (14) conditions and the 200-SMA support of near 146.30-25 also challenge the quote’s further...
Hello everyone, it's RKarina here again! Let's discuss and devise a strategy for the new day! The EUR/USD has gained momentum, pushing prices higher and creating an opportunity for a potential test of the psychological barrier at 1.1000. Increased selling pressure on the Greenback following the Non-Farm Payrolls report for February has provided this currency pair...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About Voxel (Update) The Trendline Breakout With Strong Volume On 3D Timeframe Expecting Massive Bullish Wave Towards 0.8$
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About WLD (Update) Moving As Expected & Running In +90% Profit So Far Still Moving Towards The Target & Hit Target Very Soon
Let's take a look at the exciting gold news of the week! Since February 28th, the gold market has truly heated up, with prices soaring to new heights and gently landing around $2,160 per ounce in Friday's Asian session. The expectations of a Fed rate cut in June have breathed new life into the sails of gold prices. And it was none other than the suggestive...
The price of gold continues to rise to its all-time high around $2156 as Chairman Jerome Powell's comments reinforce expectations of monetary policy easing this year. Betting on interest rate cuts is driving up the price of gold, and everyone anticipates that the easing will happen soon, further supporting gold. The non-farm payroll report for February, set to be...
RKarina is delighted to meet you all again, to discuss and strategize for today! As expected, EUR/USD is testing its highest level in two months around 1.0950 during the Asian trading session on Friday. This currency pair gained ground on Thursday, supported by prospects of ECB movements and a weakening US Dollar following a dovish tone from Fed Chair Jerome...
Hello dear friends, as expected, our USDJPY pair has declined to the support level at 147.84 and is showing signs of consolidation. In this case, a cup pattern is also forming, and a corrective rally may occur, although it is unlikely to last long as the market is still anticipating an interest rate cut in the near future, which would weaken the USD and limit the...
The GBP/USD pair remains steady above the psychological barrier of 1.2800 in the early Asian trading hours on Friday. Selling pressure by the US Dollar provides some support for the major currency pair. The highlight on Friday will be the US labor market data for February. This currency pair has continued to gain points, although it has not yet surpassed the...
Hello everyone, it's great to see you all again for today's discussion on the price of gold! Currently, gold is trading around $2,145.560 per ounce, an increase of $17,995 per ounce compared to yesterday's price. This upward trend in gold continues today, driven by the expectation of monetary easing in the United States. Gold has strong potential for short-term...
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RKarina greets everyone! Today, the EUR/USD is testing its highest bidding price since the end of January, quickly surpassing the 1.0900 level to touch 1.0915 before stabilizing slightly but still maintaining an upward trend since Wednesday. This currency pair is currently in a corrective wave, however, a successful close above the resistance level at 1.089 and...