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UK HOUSE PRICES: RELENTLESS UPTRENDIn January 2025, the latest figures reveal that UK house prices have risen by 0.7%, pushing the average price to a staggering £299,238, a new all-time high. For the mainstream media, the narrative of an impending house price crash has been a constant refrain over the past two years, fueled by the belief that prolonged high interest rates would spell disaster for the housing market. Indeed, these elevated interest rates have significantly hindered the natural upward trajectory of house prices, which typically rise in response to inflation, a growing population, and a persistent shortage of new housing construction. The current stagnation in UK house prices resembles a pressure cooker, building up energy that is bound to release in a dramatic surge. The government’s ongoing strategy of printing money to appease voters will inevitably flow into asset prices, leading to inflation in these markets, much like the consumer price inflation we’ve already witnessed. The government finds itself in a bind, compelled to continue this money printing to meet the electorate's demands for free money and to manage an ever-growing debt burden. As the debt increases, so does the need for borrowing to service it. This cycle makes it increasingly challenging for the UK to lower long-term borrowing rates, especially compared to the US, which still holds sway over the global financial landscape. UK house prices are gradually regaining momentum following the fallout from the Liz Truss debacle, a situation she seems to remain blissfully unaware of, despite the havoc her brief six-week tenure as Prime Minister wreaked on the British economy. The financial landscape was nearly sent tumbling into chaos, prompting the Bank of England to step in with an unprecedented commitment to purchase UK Government Bonds. The economy is so fragile that the UK is now compelled to invest in US government bonds to shore up its financial system against the spectre of another crisis reminiscent of the Truss era under Labour. We were perilously close to a financial meltdown! Currently, UK house prices are inching towards a potential increase of around 10% per year, indicating a modest upward trend rather than a frenzied housing boom, while also avoiding the catastrophic price drop that the media seems to obsess over. Ultimately, average house prices in the UK are set to rise, irrespective of government actions or economic conditions. Therefore, those considering the purchase of a standalone house should act without hesitation, as flats and new builds present more complicated challenges—flats can become a logistical nightmare, and new developments might be situated in flood-prone areas, among other concerns.
ECONOMICS:GBAHPLong
by BallaJi
GOLD MARKET ANALYSIS AND COMMENTARY - [Feb 24 - Feb 28]OANDA:XAUUSD continued to increase for the 8th consecutive week, marking the longest increasing streak in many years. Opening the week at 2,886 USD/oz, gold price peaked at 2,955 USD/oz and closed at 2,936 USD/oz. The main reason is concern about US tariff policy causing economic instability, increasing global gold demand. In addition, many central banks, especially in the BRICS bloc, are also actively buying gold. Gold prices will have more room to rise higher due to the ongoing geopolitical and geo-economic instability, including the Trump administration's tariff policy and the risk of political instability in Europe. Additionally, demand for investing in gold-backed exchange-traded funds is also growing. The US PCE inflation report, released next Friday, may affect gold prices through FED interest rate adjustments. If PCE increases, the FED may delay cutting interest rates, which is detrimental to gold prices. On the contrary, if PCE drops sharply, the gold price could exceed 3,000 USD/oz. SOME DATA THAT MAY AFFECT GOLD PRICES NEXT WEEK: Tuesday morning will see the February US Consumer Confidence report, followed by January New Home Sales data on Wednesday. On Thursday, markets will receive preliminary reports on US fourth-quarter GDP, January Durable Goods Orders and weekly jobless claims, followed by US pending housing contract data later in the morning. However, the most important event of the week will be the US core PCE index on Friday, along with the January personal income and personal spending reports. This is the Fed's preferred inflation gauge, helping gold traders gauge the outlook for interest rates in the near term. 📌Technically, although the gold price is still maintaining an uptrend, however, on the Weekly and Daily charts, some technical indicators such as MACD show signs that the price has diverged, the moving average lines (EMA34,89) are quite far from the price line, this shows that the gold price next week may face adjustment pressure before continuing to increase again, unless there are fundamental factors that have a strong impact on the gold price. Notable technical levels are listed below. Support: 2,922 – 2,915USD Resistance: 2,946USD SELL XAUUSD PRICE 3001 - 2999⚡️ ↠↠ Stoploss 3005 BUY XAUUSD PRICE 2834 - 2836⚡️ ↠↠ Stoploss 2830
OANDA:XAUUSD
by Xayah_trading
1
EUR/USD at a Pivotal Level – Will Bulls Push Higher?The EUR/USD pair is showing signs of a trend reversal after breaking above a long-term descending trendline. This breakout, coupled with an inverse head and shoulders pattern and RSI bullish divergence, signals strengthening bullish momentum. However, the price faces key resistance around 1.0500-1.0527, aligned with the 200 EMA. A confirmed break above this level could push the pair toward 1.10+, while failure to do so may lead to a pullback before another attempt higher.
Long
by unichartz
USDCAD Under Pressure! SELL! My dear subscribers, USDCAD looks like it will make a good move, and here are the details: The market is trading on 1.4439 pivot level. Bias - Bearish My Stop Loss - 1.4484 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.4352 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
2
GOLD Set To Grow! BUY! My dear followers, This is my opinion on the GOLD next move: The asset is approaching an important pivot point 2845.5 Bias - Bullish Safe Stop Loss - 2838.1 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 2860.5 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
OANDA:XAUUSDLong
by AnabelSignals
1
GOLD Drops $67 – Bearish Momentum Continues Below 2,859 GOLD Update – Feb 28, 2025 Gold dropped $67 from 2,918 to 2,859, as we expected! Now, the price is struggling below 2873, keeping the bearish momentum intact. 📉Bearish Scenario: Staying below 2,859 and 2,873 could push the price toward 2,840. A 1H or 4H close below 2,840 opens the door for 2,823 – 2,811. 📈Bullish Possibility: If 2,873 is reclaimed, expect some volatility between 2,873 and 2,880. Above 2,880, gold could rally to 2,895 – 2,905. 💠Key Levels: Resistance: 2873 | 2880 | 2895 Pivot: 2859 Support: 2840 | 2823 | 2810 Bearish Trend is Active while Below 2859 Bullish Correction to 2873 if Stabilized Above 2859
OANDA:XAUUSDShort
by SroshMayi
1
US30 Will Go Up! Buy! Take a look at our analysis for US30. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 43,381.39. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 43,680.64 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
FX:US30Long
by SignalProvider
1
GOLD Will Move Higher! Long! Please, check our technical outlook for GOLD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 2,863.303. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2,902.672 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
TVC:GOLDLong
by SignalProvider
1
EURCAD Is Bullish! Buy! Here is our detailed technical review for EURCAD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.501. The above observations make me that the market will inevitably achieve 1.509 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBPJPY Is Very Bearish! Sell! Take a look at our analysis for GBPJPY. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 189.489. Taking into consideration the structure & trend analysis, I believe that the market will reach 188.370 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GOLD → False breakdown before further declineOANDA:XAUUSD updating lows within the changing local trend structure. The price is currently testing the liquidity zone at 2852, with a potential rebound before further downside movement. Gold registered its lowest level in two weeks, dropping below $2,900 in Asia on Friday, breaking an eight-week bullish streak. The metal remains under pressure from the stronger U.S. dollar, influenced by Trump's tariff policies and U.S. economic conditions. Trump confirmed that tariffs on Canada and Mexico will take effect as scheduled on March 4 and also threatened to impose a 25% tariff on European Union imports, along with an additional 10% on Chinese goods. Additionally, weak U.S. GDP data (2.3% in Q4) and rising jobless claims have further supported the dollar. Traders are now awaiting the U.S. PCE Price Index to assess the Fed's interest rate outlook and its impact on gold. A false breakdown at 2852 could trigger a retracement toward the 0.618 Fibonacci imbalance zone at 2877 or the 0.5 level at 2885 before resuming the decline. Given both weak fundamental and technical conditions, gold may attempt to retest its recent lows. Best regards, Bentradegold!
OANDA:XAUUSDShort
by Bentradegold