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USD/CHF: Navigating Demand Zones and Market SentimentLast Friday, USD/CHF dropped to a daily low of 0.8375 before rebounding in Monday’s European session, with the current price around 0.84585 as I write this article. The initial decline in the US Dollar came after the release of the ADP Non-Farm Employment Change and Unemployment Claims, which provided less-than-positive signals. However, the dollar regained strength following encouraging results from the Final Services PMI, ISM Services PMI, and Crude Oil Inventories, all of which had a positive impact. From a technical perspective, the analysis remains consistent with last week’s outlook, where we see a potential USD rebound against CHF, as the pair continues to trade within a strong demand zone, with retail traders heavily shorting. Looking at seasonality over the past 10 years, there is a historical tendency for an increase in value for this pair around this time. However, given the pre-election period in the US and shifting economic factors, extra caution is advised during this phase. ✅ Please share your thoughts about USD/CAD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Long
by FOREXN1
6
XAU price increased in early US sessionWorld gold prices increased, approaching the historical high of 2,531 USD/ounce (set on August 20), due to the demand for safe havens after the military conflict between Israel and Hezbollah last weekend. In addition, experts believe that the gold price increase has not ended yet, because the US Federal Reserve (Fed) is about to begin a monetary policy easing cycle. Recent moves by the Fed show that officials of the US Central Bank clearly support a policy pivot at the next meeting. The Fed Chairman emphasized that it is time to cut interest rates. This information continues to create confidence for investors as the direction of gold prices becomes clearer.
OANDA:XAUUSD
by TrategySherpa
XAU continues to increase in the coming timeGold Just Overtakes EUR to Become World's Second-Largest Reserve Asset Fed Prepares to Cut Rates. Meanwhile, gold has risen to become the world's second-largest reserve asset, surpassing EUR, thanks to strong demand from central banks. Investors Surprised by Dovish Speech at Jackson Hole. Stocks reacted positively to Powell's speech, hitting near record highs. However, traders were still surprised by Powell's speech, which went beyond what they expected. The Fed is likely to cut rates by 25 bps in September, and could even cut by 50 bps, depending on how the August jobs report goes. More importantly, the transition from fiscal stimulus to monetary stimulus has sent bond yields plunging, down 80 bps since Hartnett started recommending bond buying in May.
OANDA:XAUUSD
by TrategySherpa
AUDUSD ( TRADING BELOW TURNING LEVEL ) ( 4H )AUDUSD HELLO TRADERS If the price trades below the turning level, it indicates downward pressure towards the first support zone. However, if the turning level is broken and the price stabilizes above the channel, the upward movement will likely become active, targeting the first resistance level. Tendency , the price is under downward pressure , until trading below turning level around 0.667 . Upward Zone : for an upward movement to occur , the price needs to break through the turning level at 1.101 , leading to rise that could reach the resistance level (1) at 0.675 , if the price breaks and stabilizing above this level it may attempt to reach resistance zone between 0.679 and 0.685 . Downward Zone: as long as the price remain below the turning level at 1.094 , it may drop towards the support level (1) at 0.659 , if the price breaks this level with a 4h candle closing below it , it suggest further decline towards the support zone between 0.651 and 0.643 CORRECTIVE : currently price it will be attempt to retest to reach a turning level at 0.667 before dropping . TARGET LEVEL : RESISTANCE LEVEL : 0.675 ,0.679 , 0.685 . SUPPORT LEVEL : 0.659 , 0.651 , 0.643 .
Short
by ArinaKarayi
World gold spot price stands around 2,363World gold prices almost went sideways, due to investors' profit-taking mentality after the precious metal saw a sudden increase in the previous session. According to experts, precious metal prices have just gained momentum after the speech of the Chairman of the US Federal Reserve (Fed). Mr. Jerome Powell said that US inflation has cooled down. Experts and investors are increasing expectations that the Fed will soon loosen monetary policy. After the economic and employment data were released, many experts said that the possibility that the Fed would start cutting interest rates in September increased from 65% to 68%. In addition, the market also expects another interest rate cut by the Fed in December. Currently, investors wait for the minutes of the US Central Bank's latest policy meeting and the non-farm payroll report to know more about interest rate cuts.
OANDA:XAUUSDShort
by TrategySherpa
XAU rebounded after moving sidewaysMany analysts believe that the gold market is in a calm period and may fluctuate again at least until the end of this week. The increase in buying by investors at the beginning of the session is the expectation that the price will increase after the precious metal is in a low price range. The current monetary policy stance of the US Federal Reserve (Fed) could trigger another sell-off in the market. As long as the Fed loosens monetary policy, it will put pressure on the USD and push up gold prices.
OANDA:XAUUSD
by TrategySherpa
USDJPY ( NEW HISTORICAL PEAK ) ( 1D )USDJPY HELLO TRADERS for this week , the price attempt to create a new historical peaks ENTRY POINT : the price is under bullish trend at 158.253 , the last week the price stable in buy zone , for this week it continues trade in buy zone and will attempt to create a new historical peaks , if breaking the entry point for any reason by open candle 1D below 158.253 active sell zone ACTIVE BUY ZONE : for this week , if the price stable at 158.253 active buy zone , the price will attempt to reach resistance point 160.196 and 161.816 , it will be the creations of new historical peaks ACTIVE SELL ZONE : if the price breaking entry point at 158.253 for any reason active sell zone , the price by open candle 1D below entry point reach a155.592 and 154.273 , stable this level reach 151.727 -------------------------------------------------------------------------- * Thank you , if you support this idea with your likes and comments , I hope you a profitable week 🤍
Long
by ArinaKarayi
The US Federal Reserve (Fed) decided to keep interest rates unchThe US Federal Reserve (Fed) decided to keep interest rates unchanged The Fed's main message is that inflation remains high and a tightening policy stance needs to be maintained for a while longer. This means that the USD is still at a high level, reducing excitement in the gold market. Markets will shift their focus to Europe this week as the Swiss National Bank and the Bank of England will both announce their monetary policy decisions on Thursday morning. The market will also get the Empire State manufacturing index on Monday and retail sales for May on Tuesday. Then Thursday brings housing starts and building permits for May, as well as weekly jobless claims and the Philly Fed manufacturing index. The week's data ended with existing home sales Friday morning.
OANDA:XAUUSDLong
by TrategySherpa
XAU Continues strong upward momentumWorld gold prices increased slightly today as investors waited for the US to announce inflation data in the next few days to predict when to cut interest rates. The information that may surprise the gold market in the next few days is the US core personal consumption expenditures index (PCE) - an important inflation measure of the US Federal Reserve (FED). The dollar slid to its lowest in more than a week, making gold cheaper for holders of other currencies. Gold prices in Asian markets almost went sideways during the trading session on May 28, when the USD weakened. Meanwhile, investors are waiting for important US inflation data to give clues about when the US Federal Reserve (Fed) will cut interest rates. “The outlook for a stronger USD is supported by a change in the US monetary policy stance, as the Fed begins to look for evidence to raise interest rates instead of easing monetary policy which could be a risk. big for the gold market.
OANDA:XAUUSD
by TrategySherpa
XAUUSD BUY STRONG BUY NOW MORE SELL TODAY BUY BUY GOLD CONTINUE Gold probed above for the second time, inflated by increased safe haven demand following Israel’s attack on Iran early Friday Although the spike above the metal’s price reached was so far short lived, near-term focus remains at the upside, as fears of further escalation in the region will continue to fuel demand Technical picture is firmly bullish as indicators are in bullish setup and recent dips were contained by rising XAUUSD BUY NOW_2380_2375 TP_2390 TP_2400 TP_2450 Sl_2368
TVC:GOLDLong
by Gold_Master97