CEO-PREMIUM-ANALYSIS

CEO-PREMIUM-ANALYSIS

Early in the American session, XAU/USD is trading around $2,819, above the 21 SMA, and below the 8/8 Murray. A strong technical bounce is observed and gold is likely to continue rising in the next few hours until it reaches the 2,822 area where the daily R_2 is located. If gold reaches its annual high ( 2,822-2,828), a double-top pattern will be formed which...

CEO-PREMIUM-ANALYSIS

Early in the American session, EUR/USD is trading around 0/8 Murray located at 1.03557 with a bearish channel after it left a gap at the opening of negotiations this week. The euro is now covering the gap in the recently hours. Thus, we expect EUR/USD to find good resistance above 1.03587. If this scenario occurs, the instrument could reach 1.04187 and even the...

CEO-PREMIUM-ANALYSIS

Gold XAU/USD is trading around 2,786 with a bullish bias above the 21 SMA and within the uptrend channel forming since January 13. Gold is expected to reach the psychological level of $2,800 in the next few hours or it could even reach 8/8 Murray around 2,812. The instrument could even break through and reach the weekly resistance located at 2,823. If a...

CEO-PREMIUM-ANALYSIS

Gold is trading around the 21 SMA located at 2,758, below 7/8 of Murray, and within the uptrend channel forming since early January. Gold is showing signs of exhaustion. Therefore, a technical correction is likely to occur in the next few hours and the instrument could reach the bottom of the uptrend channel around 2,745. In case gold breaks the bullish trend...

CEO-PREMIUM-ANALYSIS Updated 

The euro is trading around 1.0493, below 6/8 Murray, and above the 21 SMA and 200 EMA with a bullish bias. EUR/USD is approaching overbought and resistance levels. During the European session, the euro reached a high of 1.0517. Since then, we have been observing a technical correction. EUR/USD is likely to continue falling in the next few hours and could reach...

CEO-PREMIUM-ANALYSIS Updated 

The EUR/USD pair is trading around 1.0450, ab0ve the 200 EMA, and above 5/8 Murray with a bullish bias. On the H4 chart, we can see that the euro has continued its rise since it sharply broke the uptrend channel, but is now showing consolidation. Therefore, EUR/USD is likely to reach 6/8 Murray at 1.0498 in the next few days and could even reach 7/8 Murray at...

CEO-PREMIUM-ANALYSIS

Gold is trading around 2,752, below 2,700, below 7/8 of Murray, and above the 21 SMA. Gold is showing signs of exhaustion. Therefore, the technical correction will go ahead in the next few hours and the price could reach 6/8 Murray location at 2,734. A break below 6/8 Murray could mean a strong bearish acceleration and gold could fall towards the psychological...

CEO-PREMIUM-ANALYSIS

Gold is trading around 2,681 below the 21 SMA within the uptrend channel forming since December 23. Gold could continue its fall in the next few hours until it hits the pivot point of 2,656. On the other hand, in case gold bounces within the uptrend channel, it will be seen as an opportunity to buy with the target at 2,675. If the price breaks and consolidates...

CEO-PREMIUM-ANALYSIS

Gold is trading around 2,682 with a bullish bias after having found a strong support around the 21 SMA located at 2,660 Gold could face a strong resistance around 5/8 Murray located at 2,695 which could be seen as an opportunity to sell with targets at 2,660. With a consolidation above 2,695 (5/8), the instrument could continue the bullish momentum and we expect...

CEO-PREMIUM-ANALYSIS

Today, gold sustains modest intraday growth during the first half of the European session, though it lacks the momentum for a stronger upward move. Uncertainty surrounding U.S. President-elect Donald Trump's tariff plans, fears of a trade war, and geopolitical tensions act as tailwinds for the precious metal. The $2665 level serves as a strong resistance barrier....

CEO-PREMIUM-ANALYSIS

The euro is trading around 1.0285, making a strong technical correction after having reached the top of the downtrend channel at about 1.0434. Now, the euro is approaching support levels which means that consolidation is likely to occur. If the euro bounce around 4/8 Murray in the next few hours, it could be seen as an opportunity to buy as technically, a...

CEO-PREMIUM-ANALYSIS

The euro is trading around 1.0404, making a technical correction after an attempt to break the bearish trend channel but without success. On the h4 chart. we see technical correction. Therefore, if EUR/USD consolidates below 1.0430, it could continue its fall in the coming days until the price reaches the 21 SMA located at 1.0335. If the euro breaks and...

CEO-PREMIUM-ANALYSIS

Gold was trading around 2,627 making a technical correction after having reached the top of the downtrend channel and now we are seeing a technical bounce. A technical bounce is likely to occur up to the 2,640 area. If gold bounces above the bottom of the downtrend channel, we can expect it to reach 2,642. This area represents strong resistance as it coincides...

CEO-PREMIUM-ANALYSIS

EUR/USD is trading around 1.0299. bouncing after having reached a low at 1.0222. This coincided with the bottom of the downtrend channel. Now after the technical bounce, the instrument is located above 2/8 of Murray. So, a recovery is likely to follow in the next few hours. If the euro consolidates above 0/8 of Murray in the next few hours, we could expect it to...

CEO-PREMIUM-ANALYSIS

Gold was trading around 2,658, above the 21 SM, and within the bullish trend channel forming since December 27 with a bullish bias. Since gold is located above the 21 SMA and is now breaking the 200 EMA, the bullish force will likely prevail and the metal could reach 4/8 of Murray at 2,663 in the next hours. On the other hand, a strong rejection of the...

CEO-PREMIUM-ANALYSIS Updated 

GOLD is trading around 2,602. bouncing off the low of 2,582. Now the price is above 2,600 which means it could continue its rise in the next few hours and reach the 21 SMA around 2,645. Technically, XAU/USD is below the key pivot point located at 2,656 which means that it could reach the 200 EMA located at 2,512 in the short term and even reach the psychological...

CEO-PREMIUM-ANALYSIS

The euro was trading around 1.0409 within the downtrend channel forming since early December, above the 21 SMA, and below the 2/8 Murray. The euro is in a downtrend channel. if it consolidates below 1.0409 in the next few days, it is likely to reach the 0/8 Murray located at 1.0253. On the other hand, in case of sharp break above the downtrend channel and...

CEO-PREMIUM-ANALYSIS Updated 

The EUR/USD pair is trading around 1.0406, above 1/8 of Murray, and within the downtrend channel forming since November 29th. Yesterday during the American session, the euro reached the low of 1.0325 and covered the gap that it had left on November 20th around 1.0417. Since the euro is showing a slight recovery while consolidating above 1/8 of Murray, we could...