Xauusd buy opportunity strong bullish of CPi There simply wasn't enough investor demand This lack of interest was probably due to the hope that inflation would slow bullish quickly and the economy would not suffering
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NZD-USD | 15 M | TECHNICAL CHART
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EURUSD Is Ready to Go UP🚀🔨 EURUSD is breaking the 🔴 Resistance zone($1.0848-$1.0840) 🔴.
🌊According to the theory of Elliott waves , EURUSD seems to have completed the corrective waves and is now ready for the next five impulsive waves .
🔔I expect EURUSD to go UP at least the 🟣 Yearly Pivot Point 🟣 after breaking the Resistance line and ⚔️ Attacking ⚔️ the upper Resistance lines again.
Euro/U.S.Dollar Analyze ( EURUSD), 1-hour Time frame ⏰.
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Gold continues to increase, waiting to buy at the present timeWorld gold prices increased slightly with spot gold increasing by 5.7 USD to 2,337.4 USD/ounce. Gold futures last traded at 2,358.4 USD/ounce, up 13 USD compared to yesterday morning.
World yellow metal prices continued to conquer new records at the beginning of the week, boosted by central bank purchasing activities in Asia. Previously, spot gold price hit a new record of 2,372.5 USD/ounce.
A recently published report shows that the Central Bank of China added 160,000 ounces of gold to its reserves in March. Türkiye, India, Kazakhstan and some Eastern European countries also bought gold during the year. now.
Although the market is expecting the US Federal Reserve (Fed) to loosen monetary policy in June, according to TD Securities commodity strategist Bart Melek, if the upcoming data continues shows that the US economy is still strong, which may cause the Fed to not rush to cut interest rates. In that context, gold will not be able to maintain its increase. Central bank purchases and geopolitical tensions are other supportive factors for the precious metal.
According to CME Group data, traders are pricing in a 52% chance that the Fed will reduce the federal funds rate by a quarter point in June. However, the latest report shows that the US job market remains strong strongly has raised doubts about the Fed's ability to pivot policy.
Gbpusd continue bearish trend go with sell read the caption No change in GBP/USD’s outlook and intraday bias stays neutral. On the downside, decisive break of 1.2517/31 support zone will suggest that rise from 1.2032has completed at 1.2891already, and turn near term outlook bearish. On the upside, however, firm break of 1.2672 will suggest that fall from 1.2892 has completed at 1.2537 Intraday bias will be turned back to the upside for 1.2802 resistance next.
Xauusd buy opportunity long term bullish gold Gold should remain supported as we head into the easing cycle but a more hawkish Fed could weigh on it in the short term In fact we can say that the
gold support leve 2320 zone bullish area target is 2370-2380
will likely decide its fate as strong data should trigger a hawkish repricing in the markets and weigh on theprice in the short terms while
XAUUSD BUY opportunity long time bullish Gold has been rallying non stop lately for no clear reason as the name usual inverse correlation with real yields broke down There are talks of heavy central bank buying with China being at the forefront as it might be looking to de risk from US Treasury bonds In the big
Audusd will cross all time high read the caption The US dollar eased slightly after the US published strong jobs numbers on Friday. According to the Bureau of Labor Statistics (BLS), the economy created over 303k jobs in March, higher than last month’s 270k. The figure was higher than the median estimate of 212k.
Additional data revealed that the unemployment rate retreated from 3.9% to 3.8% while the participation rate rose from 62.5% to 62.7%. The two figures were higher than the median estimate of 3.9% and 62.5% Wages also continued growing at a faster pace than EXPECTED
Gold long signalGold gathered bullish momentum and climbed to a new all-time high above $2,320 on Friday. Although the upbeat March jobs report from the US helps the USD find demand, XAU/USD continues to benefit from escalating geopolitical tensions.
Gold price (XAU/USD) drifts lower for the second straight day on Friday and maintains its offered tone through the early part of the European session. The US Dollar (USD) builds on the overnight recovery from a nearly two-week low and remains well supported by hawkish comments from Federal Reserve (Fed) officials, which, in turn, undermines the commodity. Apart from this, the downfall could further be attributed to some repositioning trade ahead of the release of the US monthly employment details.
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Gold now buy 2330
TP1 2350
TP2 2370
TP3 2400
SL 2300
Analyzing EUR/USD: Reversal Signals and US Data ImpactThe EUR/USD pair surged with bullish momentum during Wednesday's session, propelled by a robust bullish impulse. However, the price has now entered a potential reversal zone, characterized by a Double top formation on the H1 timeframe. Additionally, on the H4 chart, the price has reached the 61.8% Fibonacci level, accompanied by overbought conditions and divergence in the RSI indicator. Traders may consider mitigating their positions with a reversal to the Point of Control (POC) volume value, or alternatively, opt to sell their positions.
The downtick in the ISM Services Purchasing Managers' Index (PMI) data from the US instigated a selloff in the US Dollar (USD) during Wednesday's American session. The PMI headline figure declined to 51.4 from 52.6, indicating a slowdown in the growth of activity within the service sector. Moreover, the Prices Paid Index fell to 53.4 from 58.6, signaling a softening in input inflation within the sector.
Despite these developments, Federal Reserve (Fed) Chairman Jerome Powell reiterated that the central bank is not hastening to lower the policy rate. Powell emphasized the importance of letting incoming data guide their policy decisions, indicating a patient approach.
The upcoming release of the Nonfarm Payrolls data by the US Bureau of Labor Statistics on Friday adds further uncertainty to the market. As traders await this crucial jobs report, market participants may adopt a cautious stance, potentially influencing trading activity.
In light of these factors, we anticipate a reversal in the EUR/USD pair, with market sentiment likely to shift amidst the release of key economic data.
Nonfarm prediction April 5, 2024Gold fell back after an unsuccessful attempt to stabilize above $2,300. Traders withdrew some profits after the strong rally.
Gold is still in an overbought state so there may be more downward momentum in the near future.
Prediction information from Nonfarm is currently inconsistent on one side when the Average Income Index / Hour is growing strongly at 0.3% but Nonfarm is predicted to decrease compared to the previous period and Nonfarm prediction ability decreases. is extremely high when unemployment claims are at a high level and because of this, the Fed is also highly likely to reduce interest rates to attract more jobs.
Trading strategy before Nonfarm news on April 5World gold prices fluctuated slightly with spot gold down 9 USD to 2,290.7 USD/ounce. Gold futures last traded at 2,310.5 USD/ounce, down 10 USD compared to yesterday morning.
World yellow metal prices stabilized on April 4 (US time) after previously conquering an all-time high of over 2,300 USD/ounce thanks to expectations that the US Federal Reserve (Fed) will conduct further easing. loose monetary policy this year.
According to TD Securities commodity strategist Bart Melek, market expectations increased after the Fed Chairman's recent speech. Accordingly, Mr. Jerome Powell agreed that lower policy rates would be appropriate “at some point this year.” He and other Fed officials also emphasized that more economic data is needed before making a decision to loosen monetary policy, a move that financial markets expect will take place in September. 6.
According to market analyst Carlo Alberto De Casa of Kinesis Money, strong demand from Asian markets, especially from China and solid demand from central banks, geopolitical risks and expectations surrounding interest rate cuts by central banks are factors that have fueled the rise of gold in recent times.
Strong central bank buying and solid safe-haven capital flows amid growing geopolitical tensions have boosted demand for gold, up more than 25% since October.
Xauusd buy opportunity bulishing and more bullish all time high Xauusd buy The precious metal is staying poised in trading today despite the dollar also sitting higher on the session After hitting
highlight a concerning trending progress only I think Xauusd more bullish
XAUUSD opportunity one side going down and up XAUUSD BUY opportunity 2360 Conversely should bulls reclaim firm command of the market, resistance awaits at as previously noted In case of a breakout prices would enter uncharted territory making it challenging to pinpoint potential resistance levels However a notable area of interest may lie at corresponding to an ascending trendline
XAUUSD SELL opportunity 2200
Btcusd sell opportunity long term falling short and more fall Btcusd falls into The other important reason is that the US government may auction thousands of Bitcoins which it recovered following the collapse of Silk Road. The wallet holding these coins which are worth over $2 billion completed several transactions this week As a result this liquidation could lead to more Bitcoin supply which could affect its prices
EURUSD SELL mostly down big opportunity for eurusd Intraday bias in EUR/USD remains on the upside at this point Rise from is seen as the third leg of the corrective pattern from Further rally would be seen to resistance zone on the
Gbpusd strong sell opportunity Gbpusd There is nothing of high importance scheduled today concerning the GBP Regarding the USD there will be a release of Unemployment
Silver buy opportunity strong bullish big buy any time high Silver remain upward biased as depicted by successive series of higher highs and higher
GBPJPY selling opportunity more falling in short entry GBPJPY opportunities going forward and therefore I like the idea of looking for value every time I can With this being the case I do believe that we eventually go looking back to the upsides and then try to get to the
BTCUSD buy opportunity strong more buy long term bullish Bitcoin BTCUSD price upward momentum is showing again following reports that Banks are approaching miners to BUY BTCUSD directly Meanwhile eyes remaining
Xauusd buy signal first LONG THEN SHORTLY Xauusd hes from gaining greater confidence to finally begin reducing borrowing costs gold may find itself in a more advantageous position to initiate its next leg higher Upside inflation risks evident in recent data however
