baronalaa

baronalaa

#DXY (Dollar Index) is setting its sights on the target level of 105.340. It's anticipated that the index could surge from 105.00 to 105.34 in the short term. This robust upward movement might be followed by a pullback to the range of 104.5 - 104.000, potentially impacting both the gold and forex markets. However, taking into account the regulatory stance in...

baronalaa

The outlook for gold price next week is mixed. Some analysts believe that gold prices could rise, while others believe that they could fall. Those who believe that gold prices could rise point to the following factors: - The ongoing war in Ukraine is creating uncertainty in the global economy, which could lead investors to buy gold as a safe haven asset. -...

baronalaa

The forecast for the upcoming value of the DXY is positive, with a range of 103.00 to 104.50. This is based on the expectation that the FOMC will not change interest rates at its meeting on August 22, and that the US GDP report and other economic data will be strong. However, it is important to note that the forex market is volatile and unpredictable, so the...