Trader_BrianFX

Trader_BrianFX

Today's gold prices continue to enjoy support, with an increase to around $2030. Current Situation: The gold market has recently broken free from a downward trend, indicating potential momentum shifts. However, it's common for the market to experience retracements following such breakthroughs. Forecast: A slight pullback towards the trendline's support level is...

Trader_BrianFX Updated 

During the early hours of Wednesday's trading session, the USD/JPY pair delicately dipped below the pivotal psychological support level of 150.00, mirroring investors' cautious sentiment. This occurred as the US Dollar Index (DXY) further slid to 104.00, amplifying the downward pressure on the dollar. A technical analysis reveals a slight downward trend for...

Trader_BrianFX

The GBP/USD pair has regained its upward momentum, breaking above the 1.2650 mark for the first time in a week on Thursday. While it experienced a slight loss of traction towards the end of the previous day, it encountered no significant difficulty in stabilizing above the 1.2600 level. The short-term technical outlook has yet to signal a building bullish...

Trader_BrianFX Updated 

Yesterday's speculation that the Federal Reserve would cut interest rates in March did not materialize. This morning, gold prices opened on the market at $2027 per ounce, showing little change from the previous session's close. Today's gold price movement is expected to remain stable as investors have yet to find significant insights from the Federal Reserve's...

Trader_BrianFX

In today's afternoon session, the price of gold continued its upward trend, reaching $2,030 per ounce, an increase of over $11 per ounce compared to the same time yesterday. This significant rise in the precious metal's price is attributed to China's decision to cut its basic interest rates for mortgages, aiming to rejuvenate the struggling housing and real...

Trader_BrianFX Updated 

World gold prices continued to inch up slightly with gold increasing by 8.6 USD to 2,024 USD/ounce. Gold hit its highest level in more than a week on Tuesday as the dollar weakened, while the market awaited the minutes of the US Federal Reserve's (Fed) latest monetary policy meeting to continue its search. Look for signals about interest rate cuts. The US Dollar...

Trader_BrianFX

Hello fellow Traders! On today's analysis chart, the EURUSD pair is trading around 1,081 and there is a sign of confluence between the resistance and the EMA 34 and 89. My outlook for EURUSD is bullish. How about you ?

Trader_BrianFX Updated 

"Dear beloved Trader family, as anticipated, BTCUSDT has gracefully ascended to the resistance level of $52,000, maintaining stability around this mark with enthusiastic support after triumphantly breaking through the $47,000 resistance, now turned into a solid support. My vision for BTCUSDT is a bullish trend following a strategic retracement to the 0.5 - 0.618...

Trader_BrianFX Updated 

Greetings, fellow traders! As we navigate through the early hours of this midweek trading session, the price of gold is holding steady at around $2017 USD, exhibiting minimal fluctuations. A closer look at the charts suggests that sellers are gaining the upper hand. They've managed to breach the uptrend line and are now eyeing further opportunities to drive the...

Trader_BrianFX Updated 

EURUSD is currently exhibiting a downtrend in the early trading hours of Tuesday. The price is hovering around 1.076, and the outlook for today seems to be favoring the bears as the recovery appears capped by three significant peaks identified on the chart. With US liquidity returning to normal today, I expect this currency pair to face further downward pressure,...

Trader_BrianFX Updated 

The GBP/USD remains entrenched in bearish territory, hovering around the 1.2580 mark during the Asian trading session on Tuesday. The strength of the US Dollar may be attributed to improved yields on US Treasury bonds, which in turn, exert pressure on the GBP/USD pair. The downtrend continues to hold sway at the moment, receiving robust support from the dual EMA...

Trader_BrianFX Updated 

Gold slightly retreated on Tuesday, halting its three-day rally as prices edged down to near $2,020/ounce in the Asian trading session. This precious metal faced headwinds due to the strengthening of the US Dollar (USD), likely driven by higher US bond yields. The surge in bond yields exerted downward pressure on non-yielding assets like gold.

Trader_BrianFX

"Hello dear Traders, what do you think about EURUSD this week? Will it rise or fall? Looking at today's chart, the EURUSD pair is clearly showing a slight upward adjustment with the price currently fluctuating around 1.078, marking a 0.09% recovery for the day. From a technical perspective: Although there's a recovery, the downward trend still dominates after...

Trader_BrianFX Updated 

Hello everyone, how do you think gold price today will move? Opening for the new week, gold traded at about 2019 USD and increased by $ 6.5 in Asia's first trading hours. The gold market forecast may be quiet this week when there is little important data published. In addition to the weekly unemployment benefits and Fed officials, the market will wait for the...

Trader_BrianFX

EURUSD today continues to extend the discount chain in the past month, the price is currently in the range of 1,076 and the technical prospect of the discounted side more when it is still under two ema 34, 89 and expected after the batch. Regarding 0.5 - 0.618 it will detain more price as the trend is being established for many days. And you, do you think like that?

Trader_BrianFX Updated 

Hello traders! Today, Gold continues to monitor the reduction with the adjustment that is gradually reaching the resistance level of 2030 - 2031 USD and may be repelled by the bear when this metal is still under pressure to sell in the context of the Chairman. of Ministry. The US Archive (Fed) - Jerome Powell stated that he would be cautious in a cunning interest...

Trader_BrianFX Updated 

Hello everyone, do you think today and will increase or decrease? Currently gold is moving around $ 2025 and is located in the adjustment wave down on the 1D chart with the immediate goal that seems to be looking for the Return to the EMA 89 while this metal is facing some unrelenting. Accordingly, the precious metal decreased sharply due to the important...

Trader_BrianFX

Gold trading strategy today: Gold after adjusting to 2015 USD earlier the last week quickly rediscovered the motivation around this level of support, currently precious metals are trading around the 2015 USD and the prospect of slightly increased in short. The reason for supporting gold prices today comes from external markets is the weaker US dollar index,...