


🔔🔔🔔 Gold news: 👉DXY bounced sharply in the Asian and European sessions after falling to 103.47, the lowest level since 5/11/2024. 👉There is no news today to motivate gold so the price may run in the range of 2890 - 2930 👉RSI (1H) is entering the overbought zone, watch this area closely to create a buy order at a good price. 👉The US 10-year bond yield is down...
USD/CHF news: 👉The USD/CHF pair continues its recovery from the mid-0.8800s—its lowest level since December 12—gaining upward momentum for the second consecutive day on Thursday. During the Asian session, spot prices climb back above the 0.8900 level, although the upward movement remains limited due to ongoing bearish sentiment surrounding the US Dollar...
🔔🔔🔔 EUR/USD news: 👉The EUR/USD pair began the week on a positive trajectory, trading around 1.0860 during Monday’s Asian session. This upward movement is primarily driven by growing concerns over a potential slowdown in the US economy. On Sunday, San Francisco Fed President Mary Daly noted that increasing uncertainty among businesses could weaken demand in the...
🔔🔔🔔 Gold News: 👉Gold is back on the rise due to a severe weakening of the US dollar. The precious metal has regained above $2,900 after suffering heavy losses in late February. 👉Inflation data from the US and political headlines could continue to boost gold prices in the near term. The short-term picture shows buyers struggling to maintain control. The bullish...
🔔🔔🔔 Gold news: 👉Gold prices (XAU/USD) continue to struggle to gain significant buying interest but remain above the $2,900 level during the Asian session on Friday. Traders appear hesitant, preferring to wait for the release of the closely-watched US Nonfarm Payrolls (NFP) report before making new directional moves. This cautious approach has resulted in a...
🔔🔔🔔 EUR/USD new: 👉The EUR/USD surged 1.75% on Wednesday, approaching the 1.0800 level as market sentiment improved following another shift in U.S. President Donald Trump's trade policy. Trump has once again eased off his previous stance of imposing heavy tariffs on imports, a strategy he had used to retaliate against perceived unfair treatment by other...
🔔🔔🔔 Gold news: 👉Gold prices held steady on Thursday as speculation grew that U.S. President Donald Trump might ease some tariffs, particularly those related to automobiles under the USMCA trade agreement. However, uncertainty persists, and XAU/USD remains largely unchanged at $2,919. 👉On the economic front, ADP data showed a significant slowdown in...
🔔🔔🔔 USD/JPY news: 👉The USD/JPY pair continues its downward trend for the second consecutive day, edging closer to the multi-month low reached last week following Trump's warning to Japan about the weak yen. Additionally, rising expectations of further interest rate hikes by the Bank of Japan (BoJ) and a broader risk-off sentiment are bolstering demand for the...
🔔🔔🔔Gold news: 🔆Trump imposed tariffs on Canada, Mexico and China. Soon after, Canada and China followed suit with the US. This raised the risk of a global trade war and hurt investor sentiment, which sees gold as a safe haven. 🔆The Institute for Supply Management (ISM) manufacturing PMI fell to 50.3 in February from 50.9 the previous month, while the Prices Paid...
NZD/USD news: 👉The New Zealand dollar (NZD) is losing ground against the US dollar (USD) amid growing concerns over the escalating trade conflict between the United States and China, the world’s two largest economies. 👉On the USD side, weaker-than-expected US economic data on the manufacturing sector, released on Monday, could limit the greenback’s gains and...
🔔🔔🔔AUD/USD news: 👉Trade continues to play a significant role in currency markets, with risk-sensitive currencies like the Australian Dollar under pressure as tariff disputes escalate. The White House maintains a 10% tariff on Chinese goods, which could negatively affect the Australian economy, given that China is its largest export partner. A slowdown in Chinese...
🔔🔔🔔 GBP/USD news: 👉At the beginning of the week, the Pound Sterling trades higher against most major currencies, except the Euro, as hopes for a Russia-Ukraine peace agreement provide support. Additionally, expectations that the Bank of England (BoE) will adopt a gradual approach to policy easing, along with optimism about a potential strong trade deal between...
🔔🔔🔔Gold news: •Investors remain concerned that US President Donald Trump's trade tariffs could drive up inflationary pressures, reinforcing the Federal Reserve's hawkish stance and leading to some selling pressure on gold prices on Tuesday. •Trump's tariffs on Mexico and Canada take effect this Tuesday, along with a new 10% tax on Chinese goods. Additionally,...
🔔🔔🔔GBP/USD News: 👉 Support from the UK and European countries for a ceasefire in Ukraine during this time is the driving force for the strength of GBP. 👉 The US is increasingly mired in a trade war between countries and recent bad economic data is weakening the dollar 👉 DXY is touching a strong support zone so there are signs of convergence RSI (1H) so there...
🔔🔔🔔EUR/USD news: 👉Trump confirmed that tariffs on Canada and Mexico will take effect starting Tuesday and revealed plans to double the 10% universal tariff on Chinese imports. This move increases the likelihood of a global trade war, boosting demand for gold as a safe-haven asset. 👉Meanwhile, traders continue to anticipate that the Federal Reserve (Fed) will...
🔔🔔🔔EUR/USD news: 👉President Trump has imposed tariffs of 25% on North American trade partners and an additional 10% on China in response to the influx of fentanyl into the US. Speaking to reporters on Monday, he stated, “There’s no room left for Mexico or Canada,” and confirmed that the tariffs would take effect the following day. 👉In response, China has...
🔔🔔🔔 USD/CAD news: 👉USD/CAD is forming a traditional double top pattern and the price is right at the neckline 👉USD/CAD RSI (1H) is in control of the sellers 👉DXY is entering the overbought zone with no signs of reversal 👉Trendline shows signs of breaking Personal opinion: 👉The above signals show that USD/CAD is likely to decline in the short term and...
🔔🔔🔔 Gold news: 👉Gold prices saw a slight increase on Monday, driven by a weaker US Dollar. Expectations of another Federal Reserve rate cut put pressure on the USD, which in turn boosted XAU/USD. Additionally, concerns over Trump’s proposed tariffs and the potential for a global trade conflict added to gold’s appeal. 👉The US Dollar also faced downward pressure...