✅ USDCAD managed to form a Falling Wedge Pattern near the 🟢Support zone(1.37 CAD_1.363 CAD)🟢 .
🔨In the past hours, USDCAD managed to break the upper line of the Falling Wedge Pattern and is currently completing a pullback to this line.
🔔I expect USDCAD to rise to at least the Resistance line and 🔴Heavy Resistance zone(1.398 CAD_1.379 CAD)🔴 after...
World gold prices increased slightly this morning with spot gold increasing by 2.5 USD to 1,992.1 USD/ounce. Gold futures last traded at 1,993.3 USD/ounce, up 0.5 USD compared to yesterday morning.
World gold prices in the evening session of November 23 (Vietnam time) were stable during the Thanksgiving holiday. Analysts do not expect to see many price increases...
Watching this three-touch resistance level in GBPJPY.
Impulse candle breaking through it, want a rounded retest now.
the reaction from the level seems good.
World gold prices this morning decreased slightly with spot gold down 8.1 USD to 1,989.6 USD/ounce. Gold futures last traded at 1,991.8 USD/ounce, down 9.8 USD compared to yesterday morning.
The precious metals market in the trading session before the Thanksgiving holiday was under slight selling pressure when the latest report showed a surprise improvement in...
Gold price today (November 22), world gold increased sharply compared to the previous session's close, approaching the 2,000 USD/ounce mark. The US Federal Reserve (Fed) has released the minutes of its November monetary policy meeting, causing investors to buy gold when forecasting slow economic growth.
The Fed also said that economic growth slowed in other...
In tandem with the analysis of the dollar index and the subsequent evaluations of AUDUSD and EURUSD... The ongoing trend of a weakening dollar shows no signs of abating. That being said, 1.25 is our confluence zone and buy region.
Over the past 18 months, we witnessed a prolonged series of interest rate hikes, and the market is now experiencing a sense of relief...
On the night of November 20, today's spot gold price on the world market stood around 1,973 USD/ounce. Gold delivered in December on the Comex New York floor was at 1982 USD/ounce.
The world gold price on the night of November 20 was about 8.2% higher (149 USD/ounce) compared to the beginning of 2023.
World gold tends to continue last week's increase after...
Now, it's obvious that the ascending channel resistance I talked about on the 4h timeframe this morning seems to be holding. You can see how the price is rejecting the resistance and has closed lower than the 1.09500 level. Also, a counter trendline I drew has been broken to the downside which acts as added confluence for a possible continuation downwards. This...
FX:EURUSD OANDA:EURUSD
No comment!
⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any...
➡️ The global gold price experienced a significant upturn last night and this morning, driven by recent developments in the US economy. On November 16, there was a pronounced surge in the weekly unemployment benefit applications and the 4-week average, prompting a shift in the precious metal market.
➡️ To provide specific figures, the first-time applications for...
World gold prices rose as the code hit a 2-week high as expectations that the Fed would cut interest rates in the spring increased.
World gold prices increased sharply this morning with spot gold increasing by 21.6 USD to 1,980.8 USD/ounce. Gold futures last traded at 1,987.3 USD/ounce, up 23 USD compared to yesterday morning.
Gold prices soared to a 2-week high...
World gold prices increased today (November 16), but conflicting US inflation data is increasing volatility and risk for precious metal investors.
Traders' and investors' attitudes were more optimistic midweek following reports that the US consumer price index for October increased 3.2% year-on-year. CPI is forecast to increase 3.3% year-on-year, compared to a...
The world's gold price today (November 15) soared when the US announced that the October consumer price index fell lower than forecast. The sudden drop in the USD helped investors return to buying gold when deposit and transaction costs decreased.
World gold prices continued to skyrocket this morning due to the USD suddenly plummeting. Specifically, the...
Yesterday, the market received information about US inflation data, which more or less affected gold prices. Specifically, the US consumer price index remained unchanged in October and core inflation showed signs of slowing down. CPI increased by 3.2% compared to the same period last year. This level in September was 3.7%.
Accordingly, after the inflation report...
Gold prices continued to rise today as investors await this week's US inflation data to assess the US Federal Reserve's interest rate roadmap.
The consumer price index is expected to rise 3.3% year-on-year, compared with the 3.7% increase reported in September. Core CPI is expected to rise 4.1%, unchanged from September.
Bob Haberkorn, senior market...
Hello Traders This is Forex Precision daily Markets Analysis, We found a setup earlier this Week And the price is actually approach our zone so i had to share with you guys this setup, Why do i think is Valid because we already Break 4H structure to the Upside, We have this FVG or Imbalances that's has ben filled the Liquidity has been Sweaped now we wait for the...
The Australian dollar might give back most of its recent gains against the U.S. if the Reserve Bank of Australia opts not to raise rates next week, given the groundswell of opinion backing a hike. Thirty-five out of 39 economists polled by Reuters expect the RBA to increase rates on Nov. 7, with only four predicting a hold. All of the “Big Four” Australian banks...
