Selena_Paul

Selena_Paul Updated 

Selena greets everyone! On our 4-hour chart today, we can see that gold is attempting to recover from the losses in the previous trading session, with prices hovering around $1927. However, with the release of preliminary global PMI data, the US Dollar (USD) is temporarily gaining strength, despite the US Treasury bond yields reaching new highs in years, which...

Selena_Paul Updated 

Dear readers, Selena is delighted to join you in discussing today's market! Currently, USD/JPY is up 0.07% for the day, trading at 147.745. The upward trend of UJ seems to be holding strong, with the next price target for today set at 148.4 after finding support at the 147.0 level. And what are your thoughts on this?

Selena_Paul

Selena greets everyone with a warm hello! The European Union (EU) currency is currently being traded at approximately 1.064. After the release of data from the United States, the pair experienced a drop and then made a recovery, reaching a high of 1.0670. This recovery was driven by a correction in the value of the US Dollar. Selena foresees that prices will...

Selena_Paul Updated 

Selena greets everyone, AUDUSD continues its upward trend today, trading around the 0.642 level and forming an expanding triangle pattern to heal the wounds from the previous decline. As for the prospects, the release of the US PMI at the end of the first North American trading session will have an impact. Along with US bond yields and broader risk sentiment,...

Selena_Paul Updated 

Selena greets everyone! Today, the price of gold is trading steadily at $1,926 per ounce, a decrease of $5 per ounce compared to earlier this morning. It can be seen that gold is moving sideways after the Federal Reserve decided to keep interest rates unchanged at a range of 5.25% to 5.50% during the September monetary policy meeting. However, when looking at...

Selena_Paul Updated 

Let's discuss the market with Selena! Gold continued to trade around the price range of $1927-1928 per ounce today, with no significant changes compared to the same time yesterday. The Federal Reserve (FED) has concluded its monetary policy meeting for September 2023, maintaining the interest rates at 5.25-5.5%, the highest level in 22 years. In response to this...

Selena_Paul Updated 

Hello dear friends, I am Selena! It's a pleasure to be with you in this market. Currently, the gold market is trading around $1910 with little change from the previous trading session. The price of gold has not been able to break out as consumer prices rose higher than expected last month and the US dollar continued to strengthen across Asia. From a technical...

Selena_Paul Updated 

Hello dear friends, Today, NZD/USD extended its upward movement for the third consecutive day, trading above 0.5940 during the Asian trading session on Wednesday. However, this pair faced pressure prior to the decision of the US Federal Reserve. The US Dollar Index (DXY) strengthened during the trading session in the US on Tuesday as market sentiment...

Selena_Paul Updated 

Let's explore the market today with Selena! Today, GBP/USD has dropped from above 1.2400 to reach a new monthly low at 1.2325 after the FOMC meeting. The focus now shifts to the Bank of England's decision, with expectations balanced between pausing and raising interest rates after the UK's CPI index. On the other hand, 1.2350 is considered the first support...

Selena_Paul

Hello dear friends! After falling to new lows in several months, the Euro (EUR) is attempting to recover some of its losses against the US Dollar (USD), pushing the EUR/USD back to the 1.0650 area at the European open on Thursday. In general, in the current trend, the EU is gradually reducing the temperature and moving sideways. If it wants to have new...

Selena_Paul Updated 

Dear readers, here we are again, stepping into another vibrant discussion with Selena about today's gold price! Currently, on the gold exchange, the price remains steady at $1930. The market today is quite calm, with the focus seemingly shifting towards the upcoming Fed meeting to determine the next steps for this precious metal. From a technical standpoint: On...

Selena_Paul Updated 

Hello dear traders, Selena is delighted to meet you again to discuss the market today. Currently, when observing the 4-hour chart, the EU is maintaining its modest increase and trading at 1.0695. Despite the price hike, this currency pair is still in a larger downward trend, so this could just be a short-term increase. In terms of future prospects, the EU needs...

Selena_Paul Updated 

Selena greets everyone, let's explore and discuss the market today. Currently, GBPUSD continues its downward trend and there are not many signs indicating a price increase. On the 4-hour chart, GU is still looking for a suitable level below the 1.237 price zone to establish a bottom with resistance at 1.400. Since GU has not found a reasonable stopping point, it...

Selena_Paul Updated 

Hello dear friends, Let's continue exploring the market together with Selena! Currently, the gold market is maintaining its strong price increase and reaching a level of 1930-1931 USD. It can be seen that gold has not experienced much change compared to yesterday's trading session, but this metal still demonstrates its strength in terms of price increases since...

Selena_Paul Updated 

Greetings, dear readers! Join Selena as we explore and discuss today's market. Currently, the gold market is experiencing a continuous upward trend and trading around the $1932 mark after breaking through the trendline at $1915. After analyzing the 4-hour chart, Selena has noticed that gold is showing signs of forming a new peak at a high price of $1933. At...

Selena_Paul Updated 

Hello dear friends! Today, GU is trading around the 1.3480 price level. The GBP/USD pair continues to maintain a consecutive downward trend on Tuesday and remains limited below the 1.2400 level during the Asian trading session. Meanwhile, prices have reached their lowest point since June last week, and the lack of buying power indicates that the path with fewer...

Selena_Paul Updated 

Hello dear readers! I am pleased to join you once again in exploring and discussing today's market. Currently, the price of gold on the exchange continues to rise steadily, hovering around $1932 USD. This is an increase of approximately $7 USD from the same time yesterday, indicating that gold's attractiveness has not diminished. This week, the Federal Reserve...

Selena_Paul Updated 

Greetings dear readers, I am delighted to share with you today's market update. Since there are no immediate signs of a shift in the Bank of Japan's (BoJ) policies, it is possible that the markets will see a return to trading USD/JPY at higher levels. The movement of this currency pair is primarily influenced by yield differentials. Currently, Treasury yields...