Ademha

Ademha

Ademha greets everyone, Currently, the EUR/USD exchange rate stands at around 1.089 USD per Euro. The outlook ahead leans towards a potential appreciation of the Euro, driven by several factors: Monetary Policy: Although the U.S. Federal Reserve (Fed) maintains a tightening stance, there is anticipation that pressure to raise interest rates will gradually ease...

Ademha

Hello everyone, Currently, the global gold price is experiencing a slight increase, standing at around 2,736 USD per ounce. In the last week of October and early November, gold prices have seen significant fluctuations due to economic and political factors. Gold prices have rebounded as investors are actively buying. In my opinion, investors are optimistic that...

Ademha

Hi everybody, Identifying Support and Resistance Zones: Based on the chart, the key support zone is found near the 2,730 level, where the price has repeatedly rebounded. The resistance zone is around 2,750 – 2,760, where the price encounters selling pressure. Current Trend: It is evident that the price is in a slight downtrend following an unsuccessful recovery....

Ademha

Hello everyone, Today, the USD/JPY exchange rate is experiencing a slight decline, currently around 151,92. This weakening is related to expectations of an interest rate adjustment by the Federal Reserve, along with caution ahead of key economic data and geopolitical conditions. I believe that the exchange rate may continue to fluctuate as new economic...

Ademha

Hello everyone, The price of gold has risen slightly to $2,735 per ounce in the morning trading session on Monday after a slight adjustment over the weekend due to profit-taking pressure and a strong US dollar. The main driving force behind the increase in gold prices remains the political instability, particularly the ongoing election between former President...

Ademha

Hello everyone, Today, the EUR/USD exchange rate is trading around 1.08336 USD for each 1 EUR, showing a slight decrease compared to the previous session. This decline is primarily driven by a strong recovery of the USD, supported by positive economic data from the U.S., indicating that the economy is stabilizing. The increase in U.S. government bond yields also...

Ademha

Hello everyone, Today, the global gold price is trading around $2,736 per ounce, down slightly by about 0.22% compared to the previous session. This decline is due to the stability of the U.S. economy, which makes investors feel less compelled to seek safe-haven assets. Rising government bond yields and a stronger U.S. dollar have also reduced gold's appeal....

Ademha

Hello everyone, Today, the Euro/USD exchange rate is recorded at approximately 1.05 USD for each Euro. On this day, the exchange rate has seen a slight decline of about 0.09% compared to the previous trading session. The ECB has maintained a tight monetary policy to combat inflation, but I believe the bank may adjust its policy if economic data does not show...

Ademha

Hello everyone, Today, November 1, 2024, the global gold price has unexpectedly reversed sharply from an all-time high and is currently trading around 2,745 USD/ounce. The main reason for this decline is the release of U.S. economic data indicating signs of stability and recovery. This diminishes the appeal of gold as a safe-haven asset, while U.S. government...