dc_analytics

dc_analytics

The US reported a gain of 353K jobs in January, nearly double the expectations of 180K. On top of upward revisions worth 126K. Wages rose by 0.6%, double the expectations, and YoY they are up 4.5%, smashing estimates of 4.1%. Excellent data meant a straightforward reaction, with minimal reversals and an ongoing extension. The US Dollar is up, Gold is down, and...

dc_analytics

The FED left rates unchanged as expected and removed language talking about potentially raising rates – also fully expected. The hawkish twist came from a comment on waiting to be more confident about falling inflation. That sent the USD up, risk assets down. Then came Powell with a dovish comment – he signaled the Fed only needs a continuation of data, not...

dc_analytics

Gold price (XAU/USD) continues to advance amid the escalating Middle East crisis as US President Joe Biden has pledged to retaliate for unmanned aerial drone attacks on US service personnel near northeastern Jordan, near the Syrian border. Still, the precious metal could turn sideways as investors await the interest rate decision by the Federal Reserve (Fed),...

dc_analytics

Daily Digest Market Movers: Gold price remains inside the woods as the upside was capped amid uncertainty ahead of the United States core PCE price index data for December. While the downside is being supported because of geopolitical tensions and the chance of rate-cuts by the Federal Reserve this year. The Fed’s preferred inflation gauge is forecast to...

dc_analytics

Gold advanced to the $2,040 area in the second half of the day on Thursday but lost its momentum. Despite the renewed USD weakness, rising US yields limit XAU/USD's upside as market focus shifts to Friday's November jobs report. Gold price (XAU/USD) attracts some buying for the second straight day on Thursday, albeit lacks follow-through and remains confined in a...

dc_analytics

From a technical perspective, this week's sustained breakout through the $2,008-2,010 barrier and the subsequent move-up support prospects for a further appreciating move. That said, the Relative Strength Index (RSI) on the daily chart is flashing slightly overbought conditions and warrants some caution for bullish traders. Hence, it will be prudent to wait for...

dc_analytics

The gold price has been on an upward trend in recent months, reaching a high of $1,992.82 per ounce on November 23, 2023. This trend is likely to continue based on recent US data releases and government outlook. Positive US Economic Data Recent US economic data has been positive, with the economy recovering well and inflation accelerating. These factors are...

dc_analytics

Bitcoin price wiped out its weekend gains, correcting to the $36,400 level, early on Tuesday. BTC traders are awaiting the release of US CPI data for October, as macroeconomic catalysts influence the risk asset’s price trend. BTC holders are awaiting the US Securities and Exchange Commission’s (SEC) decision on 12 spot Bitcoin ETF applications. The SEC’s window...

dc_analytics

At the time of this analysis bitcoin price is at $27569.6 with low trading volume and volatility for the weekend. We expect a start of the week with short operations due to the bearish trend consolidated last week, but with a take profit of no more than 3%, a possible trend reversal. analyzing the daily chart we notice the formation of a pullback of an uptrend...

dc_analytics

TESTE NOVO INDICADOR - Não é aconselhamento financeiro.

dc_analytics

TESTE NOVO INDICADOR - Não é aconselhamento financeiro.

dc_analytics

TESTE NOVO INDICADOR - Não é aconselhamento financeiro.

dc_analytics

TESTE NOVO INDICADOR - Não é aconselhamento financeiro.