AlselvSignals

AlselvSignals Updated 

In this morning's trading session, gold prices increased slightly, reaching 1929-1930 USD in the context of a slight decrease in the value of the USD. Meanwhile, the US Dollar Index (DXY), which measures volatility against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), fell 0.1% to 105.22. This has supported gold prices. Sincerely thank everyone

AlselvSignals Updated 

After falling to a new several-month low, the Euro (EUR) is attempting to recover some of its losses against the US Dollar (USD), pushing EUR/USD back to the 1.0650 region at the open. European doors on Thursday. Looking at the technical picture we can see that the pair still holds the support level at 1.0640. So in general, if this support level is not broken,...

AlselvSignals

Hello dear traders. Do you have questions about Gold today? Currently, gold is showing signs of weakness and trading at lows below 1930 USD, in the context of a strengthening US dollar due to Fed decisions. Gold still shows its decline as it still cannot overcome the strong resistance level of 1946 USD. Therefore, the possibility of a significant decrease may...

AlselvSignals Updated 

NZD_USD price rebounded to retest the 0.5929 resistance level which is likely to break this resistance and test the 0.5932 , 0.5937 level But this is a strong critical level So I think there is a high possibility We will see a bearish move in the short term

AlselvSignals

Today, USD could rise further, but it is unlikely to threaten a significant biological boost at 148.86. To maintain the uptrend, USD needs to stay above 147.68. BUT! The USD rose today with the DXY index around 105 points as Fed officials remained hawkish, which affected the USD/JPY pair.

AlselvSignals Updated 

The GBP/USD pair maintained its sequential downtrend on Tuesday and remained confined below the 1.2400 level during the Asian session. Meanwhile, prices hit their lowest since June last week and a lack of buying power suggests the path of less resistance is now down.

AlselvSignals Updated 

Gold today traded stably around 1927 USD. Yesterday's news update: As you may have noticed, after the Federal Reserve (Fed) announced news about gold interest rates there was a strong reaction and spiked to a high of 1945 USD. However, when the Fed decided to keep interest rates unchanged at 5.25% to 5.50%, gold quickly returned to a lower price of 1927...

AlselvSignals

The fundamental and technical outlook for the EUR/USD currency pair is mixed. The US economy is performing better than the Eurozone economy, but the Fed is also predicted to raise interest rates more aggressively than the ECB. This could cause EUR/USD to weaken in the coming months. Technical analysis The price is in a minor correction uptrend, as marked in the...

AlselvSignals Updated 

Hello investors! Today, it seems that our expectations for the Discount NZD yesterday did not come true when it was traded within 0.5895/0.5920. There are signs that the rising momentum is forming, although only exploration. Currently, as long as the NZD remains over 0.5895 (with a small support level of 0.5910), it can be stronger but overcoming an important...

AlselvSignals Updated 

Today, gold continues to increase mainly thanks to the decline in the value of the US dollar. The DXY index fell from over 105 points to 104.5 points. It is likely that the Federal Reserve will keep interest rates steady in the 5.25% - 5.5% range at its upcoming meeting. This partly strengthens gold prices and creates an opportunity for gold to return to 1950 USD.

AlselvSignals Updated 

Gold prices were a bit volatile today attracting some buying pressure for the third straight day on Monday and are slowly rising towards the $1938 level. XAU/USD is now looking to build on the recent decent recovery from around $1,900. Looking at the 4-hour golden frame, the downtrend line has been crossed, clearly showing signs of a change in sentiment, causing...

AlselvSignals

Currently, EUR/USD is trading under pressure below 1.0700 during Tuesday's cautious Asian session. It is speculated that the ECB's completion of the rate hike will weigh on the common currency, while the USD's bearish action could support the pair. However, the main risk to the EUR outlook is that the ECB turns dovish sooner than expected and/or growth momentum in...

AlselvSignals Updated 

Gold prices increased short-term this week but were affected by information about the FED's upcoming interest rate increase. But recent results show a rapid recovery in the US economy in the second half of 2023. We can therefore see the Gold market likely to quickly return below 1900.

AlselvSignals Updated 

Hello friends. NZD/USD started the new week on a positive note, trading higher around 0.5910 despite weak economic data from New Zealand. This currency pair received support for the US Federal Reserve's (Fed) decision to increase interest rates. The pair is targeting $0.594.

AlselvSignals

Hi everybody. Today, the USDjpy market is still calm with little volatility. Currently, this pair of money is passing and trading around the price of 147.69. It seems that USDJPY is having difficulty seeking opportunities to increase prices when the pressure exceeds strong resistance of 147.80. Despite trying many times but still unable to overcome.

AlselvSignals

Alselv hello everyone, let's comment on the Gold price this week. Currently, today's gold price continues to show strength when trading around the 1933 USD mark. However, high gold prices and the weakness of the Chinese and Indian currencies against the US dollar will continue to weigh on demand for gold.

AlselvSignals

Looking at the 4h chart of USDJPY we can see that there is a fluctuation of slight decline in today's trading session but this pair of money is still in the trend of increasing. Therefore, we should still stick to the script and target higher. If that happens, the psychological level will likely reach the psychological level of 148.50 JPY.

AlselvSignals

Hello everyone! Today, the pair is receiving bullish support due to improved market sentiment and a broad-based US Dollar pullback thus keeping EUR/USD in a positive trend. On the downside, any further recovery could encounter resistance near the previous monthly low around 1.0685. This is followed by the psychological level of 1.0700. If that plays out there is...