Samson-FX

Samson-FX Updated 

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.

Samson-FX Updated 

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...

Samson-FX Updated 

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...

Samson-FX Updated 

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...

Samson-FX Updated 

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...

Samson-FX Updated 

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...

Samson-FX Updated 

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...

Samson-FX

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...

Samson-FX

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...

Samson-FX Updated 

Hello everyone! Let's join Samson in exploring today's market! EUR/USD is currently battling with the 1.0600 level on its path to recovery during the European trading session on Tuesday. This currency pair is receiving support from the pause in the US dollar's rally and the low-interest rates of US Treasury bonds, as risk sentiment stabilizes. We are awaiting...

Samson-FX Updated 

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.

Samson-FX Updated 

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...

Samson-FX Updated 

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...

Samson-FX

Let's delve into the current market conditions. Today, the GBP/USD pair is experiencing a series of discounts that began on September 20th, trading below the 1.2150 mark. The positive economic data from the United States is intensifying the pressure on this particular currency pair. If the pair manages to maintain stability above 1.216, there is a possibility of...

Samson-FX

Samson greeted everyone and would be happy to see you in today's discussion. Currently, EUR/USD is holding less than 1,0550, of which the US dollar remains stable and benefits from the psychology of hesitation that has supported the green coins on Tuesday. Price for this currency pair. EUR/USD exchange rate for short time at 1,0600 but quickly decreased. This...

Samson-FX

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...

Samson-FX Updated 

XauUSD is stronger on the weekend and closed higher than the opening day. BUT! The dollar is also strongly looking at the technical picture on the chart, we can see that some main factors are forming and an important area that can give us strong signals. But, it is worth noting that the 1D chart. A discounted candle is formed on the chart, but a large candle has...

Samson-FX Updated 

Hello everyone! Today, gold price has fluctuated slightly in the third day in a row and is gradually increasing to 1938 USD in the Asian session. Xau/USD is currently seeking to develop based on recent good recovery from about 1,901 USD. Looking at XauUSD's technical picture, we can see that gold has passed the trend of decline, showing that gold has the...