The DXY index fell sharply last week, reaching its lowest level since April 10. This sell-off mainly stemmed from a decrease in US government bond yields after the Fed's somewhat "dovish" statement and weaker-than-expected employment data. Accordingly, DXY fell nearly 1%. However, the weekend session saw a rather strong withdrawal, somewhat narrowing the downward...
XAUUSD GOLD (H4) the price of gold go to down near 2270.29 now the price of gold 2310.00 now you all focus on gold now sell zone gold big drop you all now enter to sell with out any force are you can analyses with your mind KEEP FOLLOWING
The Treasurer has previously highlighted the impact of weaker commodity prices, particularly on iron ore - a key Australian export - along with rising unemployment as key factors. to adjust revenue. Australia's unemployment rate hit a two-year high of 4.1% in January. Over the last month, Chalmers has also highlighted concerns about global economic stability,...
Company has delivered good profit growth of 21.8% CAGR over last 5 years Received new multi year orders worth ~Rs 400 crores from Domestic and Overseas Customers across its business divisions, product segments and JVs. These orders are to be executed over a period of next 5- 7 years. These orders will help the Company increase its share with existing customers...
Gold prices are still limited in a narrow range as traders prefer to stay on the sidelines. Bets on Fed rate cuts will revive USD demand and act as a headwind for metals. Investors are now waiting for the FOMC decision and US macro data before placing directional bets. Gold prices are likely to fall back to the area of 2,305 USD/ounce, losing all the gains...
GBP/USD gains traction above 1.2500, Fed keeps interest rates steady GBP/USD gains traction near 1.2535 early Thursday. The major pair's rally was supported by a sharp decline in the US Dollar after the US Federal Reserve kept interest rates unchanged. GBP/USD fell sharply on Tuesday and erased all of Monday's gains. The pair hovered in a tight range below 1.2500...
Gold prices are seeing a negative start to a new week on Monday after recording a weekly decline. Gold prices are burdened by resurgent US dollar (USD) demand and a risk-on market mood amid weakening Japanese markets during the holiday season. Gold market assessment recorded positive developments. World gold price reached support level of 2,300 USD/ounce. In...
EUR/USD fell below 1.0670 yesterday as a surprise wage increase in the US revived concerns about persistent inflation. This reduces expectations of interest rate cuts and causes investors to seek safe haven assets and increase the strength of the USD. With European markets closed for the Labor Day holiday, investors' only major concern will be the Fed's latest...
Gold is still trying to operate above its $2,300 base price after Thursday's wild swings, with the market focusing particularly on non-farm payrolls data to be released on this trading day. ADP jobs data exceeded expectations in April and March data was revised upward, suggesting the US labor market remains strong and stable. The gold market's focus has shifted...
GBP/USD continues to gain momentum, currently trading around 1.2550. The pair's strength comes from financial market predictions that the BoE will reduce interest rates from its September meeting, in line with expectations of a similar move by the Fed. Previously, investors were still confused about the time to reduce interest rates, whether it would be June or...
The euro surged towards $1.08, marking its strongest level since April 9th, as traders revised their expectations for interest rate cuts following the release of a weaker-than-anticipated US jobs report. The data revealed that the US economy added fewer jobs than projected last month, with only 175,000 jobs created, prompting investors to accelerate their...
Today, I for my part see the fashion view and tradable regions rotating at 232x-229x >Currently Gold is reacting to the resistance sector round 2306>2308 In addition, I additionally see Gold nevertheless in Bien Ma reporting a decrease With this Zone, you could alternate and recollect coming into each Buy and Sell Borders >Sell Gold round 2309>2311 SL 2313 TP...
1. Copper - China - CNY - Yuan COT Report: -66,642 net positions as of 04/30/24 - Yearly High Fundamentals: CNY - Positive Manufacturing PMI (Forecast 50.3, Actual 50.4) Summary: Despite positive PMI, Copper prices faltered, hinting at possible market extremes. Possibility of another turning point. In conclusion, a synthesis of price action, net positions, and...
1. JPY - Japanese Yen COT Report: 179,144 net positions as of 04/23/24 - Yearly High Fundamentals: Japanese Central Bank Rates: <0.10% Tokyo CPI (Forecast 2.2%, Actual 1.6%) Steady Yen strengthening despite negative JPY fundamentals. Summary: BOJ's interest rate maintenance and USD Non-Farm Payroll data contribute to potential turning points.
the price 0f GBPJPY bullish now the price of GBPJPY 78.94 price is going to up 82.76 as you see the price has been down for a long time KEEP FOLLOW ME FOR MORE BEST ANLYSIS
1. CHF - Swiss Franc COT Report: 58,283 net positions as of 04/30/24 - Yearly high Fundamentals: Swiss Central Bank Rates: 1.50% Positive CPI Report for CHF (Forecast 0.1%, Actual 0.3%) Negative USD Non-Farm Employment Change (Forecast 238k, Actual 175k) Summary: Recent downtrend following the Swiss Bank's interest rate reduction from 1.75% to 1.50%. Signs of...
EURUSD the price of EURUSD reached on 1.09094 now the price of EURUSD 1.07340 the price of EURUSD going to up first TP1.07340 second TP1.08095 third TP1.08524 forth and last TARGET 1.09094 KEEP FOLLOWING FOR MORE ANALYSIS COMMENT BOOST AND FOLLOW
World gold prices tend to increase with spot gold increasing by 1.5 USD compared to last week's closing level to 2,302.7 USD/ounce. Experts assess that the gold market has just had an interesting week when it received a lot of information that affects the direction of this precious metal. Gold started a series of declines and reached the lowest mark below 2,283...