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...
Greetings to everyone. The pair of GBP/USD is currently experiencing a downward trend, with the current trading value at 1,2141. This decline can be attributed to the sudden suspension of interest rate hikes by the British Bank (BoE), while the Federal Reserve (Fed) has indicated a more hawkish stance and hinted at potential future interest rate increases. The...
Hello everyone, this is Samson speaking! GU is currently maintaining a strong position and trading around the price level of 1.222. In addition to that, according to recent information from the US Federal Reserve, inflation remains high in the US and there may be at least one more interest rate hike by the end of this year. Therefore, data will impact...
Hello dear friends! Let's explore the EUR/USD market today. Looking at the technical picture on the 4 -hour time frame we can see that the EU is still downtrend and is currently maintaining at 1,0645. If this pair of money escapes the potential trend of price increase is completely feasible. On the other hand, 1,0630 is considered as a support level right before...
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 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...
Hello everyone! It's great to see you all again and have a discussion about the market today. Today, the exchange rate of EUR/USD is showing a downward trend. It has started to decrease and is currently trading at 1.0500. This currency pair is trying to make a slight recovery. HOWEVER, along with that, there is also a modest decline in the US dollar, amid...
Let's explore the market today! EURUSD continues to try to maintain an increase from the previous loss and are currently trading at 1.057. This pair of money after escaping from the range of 1,065, the EU has expanded its decrease trend to 1,050. By observing the chart, this pair of money shows the trend of increasing its return. It is expected to increase to...
Greetings to all my dear acquaintances, let's embark on a journey with Selena as she explores the USDJPY currency pair! At present, UJ (USDJPY) is demonstrating ongoing positive movement and is currently being traded at 149.47. The recent release of encouraging data from Japan has provided a boost to this particular monetary combination. Despite short-term...
Hello traders, Currently, XauUSD is creating a small sideways on the 4 hour chart with all the price actions running on the support level. Looking at the technical picture, we can see that gold is in an uptrend so may check the final high level.
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...
Let's explore the market today with AD! Yesterday, we witnessed a continued decline in gold prices from $1875 to $1866, a decrease of $9 compared to the previous trading session. This is due to the recent trend of tightening by the Federal Reserve (Fed). Last week, the US central bank kept interest rates unchanged but signaled that rates will remain within a...
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...
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...