Nolan_Signal

Nolan_Signal Updated 

Hello Traders! Today, the EUR/USD pair continues to struggle to find any significant upward momentum and remains within a narrow range below the 1.0500 level throughout the trading session. The fundamental backdrop seems to favor a bearish bias as the USD remains strong. With the narrowing price range on the chart analysis and continued support from the EMA and...

Nolan_Signal Updated 

Hello traders! Today, gold is still trading at a high level around the $1948 mark and is currently facing immediate resistance at $1970. It can be observed that after breaking out of the downward trend, gold has yet to experience significant breakthroughs in trading. It is expected that there will be a slight decrease to test the previously broken-out area...

Nolan_Signal Updated 

Hello traders, I still believe that a sustainable increase in the EUR/USD is too early, due to the advantage of a strong (and rising) USD exchange rate. Currently, considerations regarding monetary policy for the Fed and ECB may only have secondary importance. The risk for the EUR/USD will continue to decrease if conflicts intensify or escalate. Resistance...

Nolan_Signal Updated 

Hello traders! Today, we continue to see a positive trend for gold as it continues to move upwards after receiving favorable news from the market yesterday. The price has made a new breakthrough, jumping from $1913 to $1938 in early trading today. From the observation of the chart, we can see that gold has broken the downward trend with a breakthrough at $1913....

Nolan_Signal Updated 

Hello traders! Currently, gold is still consolidating its price increases since receiving news yesterday. The precious metal is currently trading at $1936, but it has yet to break through the previous resistance level of $1945. Therefore, it is expected that when gold continues to develop towards this resistance level, a slight price decrease will be tested near...

Nolan_Signal Updated 

Hello traders, in yesterday's trading session, after a slight increase in price towards the activity zone of the GBPUSD EMA, it quickly returned to a downward direction. The price action seems to lack enough strength to sustain the upward movement, indicating a possible reversal for this currency pair. Currently, the price is trading around the 1.217 level with a...

Nolan_Signal Updated 

The USD/JPY pair is still limited to a narrow range of about 149.75 during the first trading hours in Asia on Wednesday. The yield of US Treasury bonds has strengthened the main pair of money. At a level of 150.00, investors still prevent the possibility that the Japanese government intervenes. However, the greener has attracted some buyers thanks to the...

Nolan_Signal Updated 

Hello traders! Gold is currently trading at $1920 and remains unchanged from this morning's trading. Immediate support can be seen at the low of the previous day, which is $1908, and below that, $1900 will be tested. If gold does not stabilize around this level, the price retreat may extend to $1880. However, with the Relative Strength Index (RSI) indicator held...

Nolan_Signal Updated 

Hello comrades, Today gold continues to trade around the 1913 USD mark with not much change compared to yesterday. From the 1D chart analysis, it can be seen that gold, after a strong price increase last Friday, is showing signs of price retesting after breaking out of the downward trend at 1910 USD. Currently, the immediate target for gold is gradually...

Nolan_Signal Updated 

Hello traders! GBP/USD closed the last two trading days of the previous week in negative territory. Although this currency pair attempted a modest recovery at the start of Monday, it failed to gain momentum. At the time of writing, GBP/USD continues to maintain a downward trend, with prices fluctuating around 1.217 and declining by 0.37% for the day. If...

Nolan_Signal Updated 

Currently, most of the key economic indicators in the United States have exceeded expectations in October, highlighting the ongoing strength of the US economy and supporting demand for the EU. The dollar has been trading more firmly, although there is a risk that it may start to weaken "due to potentially less positive economic surprises from the US in the near...

Nolan_Signal

Hello traders! The USD/JPY pair is holding steady at 149.60 during the first trading hour in Europe on Tuesday. The demand for the US Dollar (USD) and the recovery of US Treasury bond yields have provided some support for this currency pair. Currently, market focus is on the Industrial Production and the speech by the Federal Reserve (Fed) of the United States...

Nolan_Signal Updated 

Hello Traders! Last week, we witnessed a fantastic performance by gold as it surged to a remarkable high of $1932 and broke out of its downward channel. Today, at the start of the precious metals trading session, there is a slight dip as prices test the breakout level, currently trading around $1919 - $1920. However, the current environment and global situation...

Nolan_Signal Updated 

Hello traders, Last week, gold witnessed its best weekly gain since March as the demand for safe-haven assets continues to rise amid the ongoing Israel-Hamas military conflict. In the current politically unstable environment, investors are flocking to gold. Additionally, the US tightening its sanctions on Russia's crude oil exports on Friday led to an increase in...

Nolan_Signal Updated 

Hello traders! Last week, USDJPY slipped away from its upward trend and started moving sideways. However, there is still no significant threat to the price increase of USDJPY that could cause a reversal. This is evident as the currency pair has begun to recover, currently trading at 149.445 and gradually approaching a strong resistance level at 150.000. It is...

Nolan_Signal Updated 

Hello traders! Today, GBP/USD is recovering from recent losses, trading higher around the 1.2150 level in Monday's trading session. This currency pair may face challenges due to potential changes in discussions about the trajectory of the monetary policy by the Federal Reserve. If GBP/USD fails to hold above 1.2200, sellers may show concern, and temporary...

Nolan_Signal Updated 

Hello traders! Yesterday, gold experienced extremely strong breakthroughs, easily surpassing the barriers at the 1888 and 1900 USD levels. Currently, gold has closed its trading with a rapid price jump, pausing at 1932 USD and increasing by approximately 3.40% in a day. The upward momentum is still showing no signs of cooling down, with strong support at 1890...

Nolan_Signal Updated 

Hello traders! At the end of the GBPUSD trading session, the pair has continued its downward trend since breaking out of the previous uptrend at 1.2758. Currently, the price is consolidating at 1.2146, following a downward channel. Furthermore, the reversal signal from the EMA reinforces the bearishness of this decline. It is anticipated that the support level...