In the quiet trading session preceding the Easter weekend, the EUR/USD pair remained largely unchanged, hovering around the 1.0790 mark. This stability came despite the release of the Core Personal Consumption Expenditure (PCE) price index for February by the US Bureau of Economic Analysis (BEA), which met market expectations. Despite the lack of significant...
XAUUSD After hitting record highs last week gold buyers have found it a bit tough to contest the $2,200 mark again so far But we ve getting another run at that key level again at the moment
The 200-day moving average (blue line) at 0.6535 is a notable resistance point for now. Keep below and sellers will continue to stay poised in testing the 0.6520 level again. There is some added downside support around 0.6485-82 and that is preventing a steeper fall in the pair for now. But a break below that sets up a retest of the February low of 0.6441...
Gold surpassed $2,250 after last week's PCE report Gold rebounded sharply above $2,250 as the core PCE index matched estimates. Gold rebounded sharply over the weekend as the core PCE index matched estimates. The precious metal broke out from $2,194 to $2,235 before correcting slightly and ending the week at $2,223. The MoM core PCE index increased 0.3%,...
PCE inflation measures for December and January had been raised, signaling that inflation changed into worse than to start with estimated. For example, the center index alternate changed into revised to 0.5% in January, up from the formerly mentioned 0.4%. To apprehend the importance of the upward push in inflation, it's miles crucial to don't forget that the...
The world gold price has just set a new historic peak when it hit 2,260 USD efforts to extend the winning streak to five consecutive sessions on Friday. However, market liquidity is currently low due to the Good Friday holiday mentality of many investors. Gold becomes more attractive to investors as market sentiment leans towards the scenario of major central...
Gold price appreciates to all-time highs near $2,230 per troy ounce, attempting to continue its winning streak for the fifth successive session on Friday. However, trading volumes are light as market participants are likely observing Good Friday. The glitters of Gold are attracting buyers as market sentiment leans toward major central banks initiating an interest...
GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
While bullion’s technical profile continues to be bullish, with a clear pattern of higher highs and higher lows, caution is advised, with the 10-week RSI indicator signaling possible overbought conditions. When markets become overextended in a short period of time, corrective pullbacks often follow, even if they turn out to be temporary or relatively minor. In the...
Hello traders ,what do you think about GOLD? Gold has reached the ceiling of the ascending channel. It is expected to enter the correction phase from this level and fall to the specified level, which is the bottom of the channel. If this post was useful to you, do not forget to like and comment.❤️
USD JPY 1 hour timeframe outlook. On The one-hour timeframe, the market is currently consolidating on that resistance level, we need to see a break out to the downside and a retest to get an entry for SELL. On the other hand, if the market breaks above the resistance level to the upside we need to see a retest of the broken resistance turn support to get a BUY entry ⏰
A push below 191.00 could pave the way for a deeper pullback. The next support would be the Kijun Sen at 190.71, followed by the March 25 wing low of 190.32. A breach of the latter would expose the next support level at 190.02 On the other hand, if GBP/JPY stays afloat and rallies above the Tenkan-Sen, that would open the door to challenge 192.01. Further gains...
GBP/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
CAD JPY trade set up, Trade confluences 1 Bouncing from a support level 2 Higher Highs and Higher Lows are currently forming so we are only looking for buy entry at the retest of the broken HIGH key level.
GBPUSD Catherine Mann is one such critic pointing towards the fact that the UK has stronger wage growth data than both the US and EU and to align rate cut expectations with these two nations is not accurately
BTCUSD strong high Market risk Please makes yourself trades cautiously Bitcoin is a volatiles assets and around the clock trading provides constant opportunities for both big gains and significantly losses
GBPJPY selling area zone this entry level position long term resistances Breakdown Of supported issues needed too become there First signals off Medium terms toppings Otherwise the current situation