Exness_Official

Exness_Official

President Trump urged OPEC to increase oil production and lower prices in order to help end the war in Ukraine, threatening tariffs and sanctions if a deal is not reached. Oil prices fell in response to Trump's statements, with Brent crude dropping to $77.94 per barrel and West Texas Intermediate falling to $74.11 per barrel. OPEC has not officially responded to...

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USOIL, daily Oil prices fell as speculation about Trump relaxing energy restrains on Russia offset concerns of supply disruptions from the sanctions. The new US sanctions could impact nearly 1 million barrels per day of oil from Russia, but Trump's potential action may determine the duration of recent price gains. Also an easing of tensions in the Middle East...

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- Gold prices remain under pressure as stronger-than-expected job data diminished prospects for significant Fed rate cuts, bolstering the dollar. - According to UBS analyst's prediction, gold prices could reach a new record high in 2025 as investors seek safe havens amid anticipated "equity market volatility." - Investors await today's CPI data, which is expected...

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Fundamental Gold prices advanced as plunging US yields hinted at easing core inflation, raising hopes for a dovish Feds policy. However, the potential tariff risks from the incoming administration threaten to stoke inflation and pressure gold. Markets now await US Dec Retail Sales, Weekly Unemployment Claims, and Fed speeches for further direction. ...

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Gold prices went sideways and rose slightly after the US Dec PPI report, while Trump's tax hike uncertainty adds haven demand. However, pressure from the strong US economy could limit the upside. With the labor market remains strong, traders need to monitor CPI and PCE for consumer-driven inflation. Various uncertainties will likely create high...

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Gold prices rallied early yesterday but retreated after strong US data lifted treasury yields higher. XAUUSD rebounded from the channel's lower bound and support at 2625. The price closed above both EMAs and formed higher swings within the channel indicating an upside potential. if XAUUSD extends gains, the price could rise to the channel's upper bound at...

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As 2025 gets into full swing, traders are navigating a landscape shaped by two years of extraordinary stock market performance. The S&P 500 has delivered back-to-back annual gains exceeding 20% in 2023 and 2024, but analysts are signaling a more tempered outlook for the year ahead. With economic indicators, Federal Reserve policy, and geopolitical developments in...

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XAU/USD is trading around $2,633, maintaining a bullish trajectory with significant gains from the previous year. The pair is supported by immediate levels at $2,628, with resistance near $2,637 and further at $2,641. Technical indicators, including the RSI at 70.72 and a positive MACD divergence, suggest strong upward momentum, though the overbought conditions...

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AUDUSD is trading around 0.6215, showing bearish momentum. Key support is at 0.6210, with resistance near 0.6300. Indicators like the RSI at 41.67 suggest neutral momentum, while the stochastic oscillator approaching oversold territory hints at a potential reversal. Short-term moving averages point to selling pressure, while medium to long-term trends remain...

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USD/JPY is trading around 156.88, showing bearish momentum. Key support lies at 156.66, with resistance near 156.83. Indicators like the RSI at 30.06 and the stochastic oscillator in oversold territory suggest a potential reversal, while the MACD points to ongoing bearish pressure. Short-term moving averages signal a sell, while medium to long-term trends remain...

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GBPUSD is trading around 1.2550, showing a weak bullish bias. Key support is at 1.2500, with resistance near 1.2650. Indicators like RSI at 64.4 suggest neutral momentum, while the stochastic oscillator hints at potential overbought conditions. Short-term moving averages indicate bullish momentum, but medium to long-term trends remain mixed, reflecting market...

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EURUSD is trading around 1.0400, exhibiting a bearish trend. Technical indicators suggest a 'Strong Sell' signal, with moving averages and oscillators reinforcing this sentiment. The pair has been trading sideways, with resistance near 1.0450 and support around 1.0380. Given the current technical setup, traders should exercise caution and consider awaiting...

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XAUUSD is trading around $2,632, showing signs of consolidation. Key support lies at $2,622, with resistance near $2,638. Indicators like RSI at 54.47 suggest neutral momentum, while the stochastic oscillator nearing overbought territory hints at a potential pullback. Short-term moving averages point to bullish momentum, but medium to long-term averages remain...

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XAUUSD rebounded slightly yesterday but failed to hold gains. However, it is good to note that also the pair didn't break below Wednesday's low. The pair seems to consolidate between 2580 and 2625. A break to the upside, could push the price towards a resistance of 2652, while on the downside, the price could visit the 2554 area.

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Currently, gold is trading around $2,658 (USD) per ounce, maintaining a stable range as market participants await the Federal Reserve's upcoming decision on interest rates. This period of uncertainty has led to a consolidation phase for gold, with key support levels identified around **$2,600**. If prices dip to this level, it could present an attractive buying...

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On the other hand, crude oil is currently trading below the critical threshold of $70.00, reflecting growing concerns over demand due to disappointing economic data from China. This decline has sparked fears of reduced consumption in one of the world's largest oil markets, prompting traders to reassess their outlook. The technical landscape for crude oil shows...

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British data on Friday 13 December were pretty roundly disappointing: monthly GDP for October, industry and manufacturing all contracted against expectations for growth. Current estimates suggest that the Bank of England (‘the BoE’) will hold rates on 19 December and cut only three times in 2025, so it’s moderately likely that the BoE will remain at least one...

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Traders have mostly discounted the latest single cut by the European Central Bank (‘the ECB’) since that was widely expected and the comments in the subsequent press conference didn’t give any significant new information. Inflation has also risen in the eurozone in the last two months but hasn’t reached as high as in the USA. The difference in rates between the...