Additionally, the rising tension between Israel and Iran heightens concerns of a wider conflict in the Middle East, providing some support to safe-haven currencies like the Japanese Yen (JPY) and creating a headwind for the GBP/JPY cross. The latest data from the Office for National Statistics showed on Friday that UK Retail Sales arrived at 0% MoM in March from...
World gold prices went down as the market gradually reduced expectations that the US would cut interest rates. On the other hand, the need for safe haven capital in precious metals is also gradually decreasing as the Iran-Israel conflict has calmed down. Geopolitical uncertainty continues to support gold and any escalation would push prices towards 2,500 XAU will...
World gold expenses went down because the marketplace progressively decreased expectancies that americaA could reduce hobby rates. On the alternative hand, the want for secure haven capital in valuable metals is likewise progressively reducing because the Iran-Israel struggle has calmed down. Geopolitical uncertainty keeps to assist gold and any escalation could...
Hey there on 1htF the Gold has moved early upside and we have to celebrate our target hitted successfully and also went earlier downside so we can see our next zone will again push upside
World gold prices increased slightly, currently trading around 2,370 USD at the time of writing. Yesterday, gold turned down after approaching its highest level of the week in the European session, reaching about 2,395 USD, almost reaching the 2,400 USD mark. The main reason for this decline comes from improved market sentiment, reflected in investors' preference...
World gold charges extended slightly, presently buying and selling round 2,370 USD on the time of writing. Yesterday, gold became down after drawing near its maximum stage of the week withinside the European session, achieving approximately 2,395 USD, nearly achieving the 2,four hundred USD mark. The important cause for this decline comes from stepped forward...
Price is rising into a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement. A reversal from this level could lead to a price drop to our take profit. Entry: 0.66482 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.6676 Why we like it: There is a...
Price is rising towards a resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry:0.97417 Why we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.97917 Why we like it: There is an overlap resistance...
GBP/CAD is falling towards a support level which is an overlap support which aligns with the 61.8% Fibonacci projection and could bounce from this level to our take profit. Entry: 1.70854 Why we like it: There is an overlap support level which aligns with the 61.8% Fibonacci projection. Stop loss: 1.70228 Why we like it: There is a pullback support level Take...
USD/CHF is rising toward the resistance level, which is a pullback resistance that aligns with the 161.8% Fibonacci extension and the 61.8% Fibonacci projection. A reversal from this level could indicate a triple top pattern, which could lead to a price drop to our take profit target. Entry: 0.91497 Why we like it: There is a pullback resistance level which...
Hey there on 1htF the USOIL has slipped over the peak and go downside very quickly So we can usually seems to be continued dropped liquidity 80.00
Hey there on 1htF the Gold has restricted sell zone and continue moving upside from yesterday was convinced that it takes again upside so now we can above touch tomorrow 2400
The NZD/USD declined towards 0.5871 on Tuesday reflecting a loss of 0.46%, despite. The pair's movements are largely influenced by the market’s adjustments of their expectations and the delay of a rate cut by the Federal Reserve (Fed) by year-end. Rising Treasury yields are also applying downward pressure on the pair. On the data front, in March, Building Permits...
In the bigger picture, price actions from 0.8332 medium term bottom as tentatively seen as developing into a corrective pattern to the down trend from 1.0146 (2022 high). Further rise would be seen as long as 0.8727 support holds. But upside should be limited by 0.9241 resistance, at least on first attempt. However, decisive break of 0.9242 will argue that the...
Echoing this sentiment, the ECB's Cipollone observed a rapid decline in inflation, expressing expectations for a return to the 2% path next year and attainment of the target by mid-2025. Should data in June and July confirm growing confidence in achieving the target, consideration would be given to easing some of the restrictive measures imposed in 2023....
The most recent leg down, which started on April 10, was driven by a sudden strengthening in the US Dollar (USD). A run of strong macroeconomic data from the US, a solid labor market and persistently high inflation means the US Federal Reserve (Fed) cannot go ahead and cut interest rates as soon as it had been planning. The expectation of interest rates...
The EUR/USD pair has recently encountered significant downward pressure, breaching key support levels. A double bottom pattern, a classic bullish reversal formation, has formed within the downtrend indicating a potential exhaustion of selling pressure. We can expect a retracement towards the broken support at 1.07257.
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About ETH (Update) The Trendline Is Ready To Breakout In 1H⚡️ Incase Of Breakout Expecting Moves Towards 3300-3500$✍️