World gold prices decreased this morning with spot gold down 9.7 USD/ounce to 1,919.8 USD/ounce. The cause was determined to be the reaction to the hawkish tone of US Federal Reserve (Fed) officials at the September monetary policy meeting and of the head of the world's most powerful central bank. Jerome Powell at the press conference that followed. Besides,...
Hello traders, what do you think about USDJPY? Looking at the technical picture on the D1 timeframe you can see that the pair has reached the resistance zone. It is expected to at least drop to regulatory levels.
Hello dear traders! Join Darius to learn about the new week of the USD/JPY pair! The USD/JPY pair hit a new high since November 2022 during the Asian session on Monday, although it struggled to capitalize on modest gains beyond the mid-148.00s. The pair is currently trading at 148.33 and remains in an uptrend. Speculation that Japanese authorities will intervene...
Hi everybody! What do you think about USDJPY today? USD/JPY traded near 148.90, near an 11-month high during the Asian session on Tuesday. The US dollar (USD) continues to strengthen, partly due to cautious market sentiment and higher US Treasury bond yields. Shows that the market will decrease today. The US Dollar Index (DXY) trades higher above 106.00, marking...
Let's discuss GU today! The GBP/USD pair is seen hovering in a narrow trading range during the Asian session on Monday and consolidated its recent decline to its lowest since late March hit last week. Spot prices are currently trading just below the mid-1.2200s and appear vulnerable to extending the well-established downtrend from the 1.3140 area or the 15-month...
Hello dear traders. What do you think about GOLD? As of this writing Gold is trading in the 1,926 range. With support identified at 1,913 and resistance at 1,936. The fact that gold maintains a solid support level above 1,900 USD/ounce amid surrounding difficulties is a positive signal, the market is ready for a new uptrend.
The GBP/USD pair struggled to capitalize on the previous day's modest gains from the 1.2230 area or near six-month low and hovered in a narrow trading range during the Asian session on Friday. Spot prices remain below the 1.2300 round mark and appear vulnerable to an extension of the downtrend that has been well established over the past two months or so. The US...
Darius hello everyone! In the new weekly gold trading session, Gold seems to have very little fluctuation as it remains around the price level of 1924 1935 USD. This week the market will see a series of economic data releases, with highlights including US GDP and PCE data for the second quarter and August. These interesting news will be the outlook New for...
World gold prices tend to increase with spot gold increasing by 0.9 USD compared to last week's closing level to 1,925.8 USD/ounce. Last week, world gold continued to trade in the neutral zone when the US Federal Reserve (Fed) kept interest rates unchanged at the September monetary policy meeting and signaled the possibility of at least one increase. again in 2023...
The AUD/USD pair struggled to build on the previous day's gains from the 0.6385 area or above a one-week low and fluctuated between slight gains/losses during the Asian session on Friday. Spot prices are currently trading just above the 0.6400 mark, although the fundamental backdrop supports the prospect of a further bearish move in the short term. Australia's...
EUR/USD continued its downward trajectory, trading lower around 1.0640 during the Asian session on Friday. The improving US Dollar (USD) puts downward pressure on the pair, which is likely due to upbeat US Treasury yields. Technically: we can see that the pair is moving sideways, currently trading at 1.0645. If the Euro breaks above 1.0670, it is likely to...
Gold continues to trade around the price range of 1927-1928 USD/ounce according to gold measurement with no significant fluctuations compared to yesterday's trading session. Together with the FED, it continues to maintain monetary interest rates at 5.25-5.5%, the highest level in 22 years. That is the impetus for the US dollar to reverse its trend and start to...
Update world gold prices: XAUusd traded stable today with spot gold down 2.2 USD/ounce to 1,929.5 USD/ounce. Gold futures last traded at 1,967.1 USD/ounce, up 13.4 USD compared to yesterday morning. True to market expectations, the US Federal Reserve (Fed) decided to keep interest rates unchanged in the range of 5.25% to 5.50% at the September monetary policy...
XAUUSD still maintains the increase of 1930_1931 USD. It can be seen that gold has not changed much compared to yesterday's trading session, but this precious metal still shows its strength since returning to the price of 1900 USD. In Darius's opinion, there is a high possibility that Gold can still increase in the short term because the Fed has not yet applied...
EUR/USD continued its losing streak for the third straight day, trading lower around 1.0640 during the Asian session on Thursday. About news: The US Federal Reserve (Fed) chose to leave its current benchmark policy rate unchanged at 5.5% in its meeting held on Wednesday. Technically on the H4 time frame we can see that the main trend of the pair right now is...
The AUD/USD pair extended the previous day's sharp pullback from levels just above the psychological 0.6500 mark or its highest in nearly three weeks and continued to lose ground during the Asian session on Thursday. The downward trajectory dragged spot prices lower into the weekly range, around the 0.6420-0.6415 region and was supported by sustained US Dollar...
The USD/JPY pair fell back after hitting a new year-to-date peak around the 148.45 region during the Asian session this Thursday, despite lacking further upside momentum and struggling to hold above the daily bottom. Spot prices are currently trading around the 148.25 region, down less than 0.10% on the day and appear poised to rise further. Amid the recent...
GBP/USD continued to fall for the second straight day, trading lower around 1.2320 during the Asian session on Thursday. The US Federal Reserve's (Fed) hawkish stance puts downward pressure on the pair. About news: The Fed chose to leave its current benchmark policy rate unchanged at 5.5% during its meeting held on Wednesday. The central bank is expected to...