FM-ForexMastermind

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Gold prices pulled back on Thursday as bullish momentum eased following the Federal Reserve's (Fed) recent monetary policy decision and rising tensions in the Middle East. The XAU/USD pair is trading at $3,042, down by more than 0.19%. Market sentiment has shifted to the downside, while the US Dollar is rebounding, as reflected in the US Dollar Index (DXY), which...

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🔔🔔🔔 EUR/USD news: 👉The EUR/USD pair rebounds from the 1.0900 level during the European session on Tuesday. Market optimism surrounding the German vote on the fiscal plan and discussions between Trump and Putin counterbalance rising tensions in the Middle East and global trade, leading to a weaker US Dollar and supporting the currency pair. 👉While the Euro (EUR)...

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Personal Analysis: 👉Because it is being sold off after failing to break above 3040 to maintain its strong upward momentum. It is currently moving sideways in the 3034-3040 zone. If there is any break, the nearest short-term support zone will be 3027 and further 3016 👉Based on trend lines and resistance - support levels to come up with suitable strategies ...

FM-ForexMastermind Updated 

🔔🔔🔔 Gold news: 👉The price of gold (XAU/USD) remains firm around $2,985 after pulling back from its record high of $3,005 during the early Asian session on Monday. The weaker US Dollar and concerns about global economic uncertainty amid a potential trade war continue to support the precious metal. Investors are now focused on the upcoming US February Retail Sales...

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🔔🔔🔔 Gold news : 👉The price of gold (XAU/USD) is experiencing a bullish consolidation near its all-time high as traders take a pause, awaiting the outcome of the Federal Open Market Committee (FOMC) policy meeting set to conclude on Wednesday. Market expectations widely anticipate that the Federal Reserve (Fed) will maintain the federal funds rate within the...

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🔔🔔🔔 USD/CHF news: 👉Switzerland’s inflation outlook remains highly uncertain, with downside risks being the primary concern. Inflation in Switzerland has evolved in line with expectations and continues to be driven mainly by domestic services. 👉The situation will be closely monitored, and policy adjustments will be made if necessary. Assessing the impact of...

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🔔🔔🔔 Gold news: ➡️Gold prices have surged past $3,000, reaching record highs early Tuesday as geopolitical tensions in the Middle East escalate. Israel has resumed military operations in Gaza after Hamas rejected US-backed ceasefire proposals. Additionally, growing friction between the US and Iran is further fueling demand for gold as a safe-haven asset. ...

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🔔🔔 🔔GBP/USD news: 👉According to the CME FedWatch tool, the Federal Reserve (Fed) is almost certain to keep interest rates unchanged in the 4.25%-4.50% range for the second consecutive time. As a result, the key driver for the US dollar will be the Fed's dot plot, which reflects' expectations for the federal funds rate in the medium and long term, along with the...

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🔔🔔🔔 USD/CAD news: 👉The U.S. central bank decided to keep its benchmark interest rate unchanged for the second consecutive meeting on Wednesday, amid growing concerns about an economic slowdown and the possibility of persistently high inflation. Federal Reserve Chair Jerome Powell emphasized the high level of uncertainty stemming from President Donald Trump's...

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🔔🔔🔔 Gold news: 👉Gold prices surged to a new record high of $3,056 on Thursday as Federal Reserve Chair Jerome Powell spoke following the Fed's decision to keep interest rates unchanged. The Fed maintains rates at 4.25%-4.50% and announced adjustments to its balance sheet, expected to resume in April. While accelerating that labor market conditions remain solid,...

FM-ForexMastermind

🔔🔔🔔 GBP/USD news: ➡️The GBP/USD pair remains in positive territory for the fourth consecutive trading session, hovering around the 1.3000 level during Asian trading hours on Thursday. Daily chart technical analysis indicates a continued uptrend, with the pair moving higher within an ascending channel pattern. ➡️The 14-day Relative Strength Index (RSI) is...

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🔔🔔🔔USD/JPY news: 🔆 Japan's largest labor union group, Rengo, secured an average wage increase of 5.46%, the highest since 1991, surpassing last year's initial figure of 5.28%. However, the raise fell short of expectations, as union members had sought a 6.09% increase. Given this outcome, the Bank of Japan is unlikely to tighten monetary policy beyond what the...

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🔔🔔🔔 EUR/GBP news: 👉The EUR/GBP pair remains stable after gaining in the previous session, trading around 0.8420 during Asian market hours on Wednesday. The Euro (EUR) strengthens as demand for increased deficit spending grew among the Eurozone’s largest economies. In Germany, key political parties—including the CDU/CSU bloc, SPD, and Greens—approved a landmark...

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🔔🔔🔔 AUD/USD news: 👉The US dollar is expected to trade cautiously ahead of the Federal Reserve’s (Fed) second interest rate decision of the year on Wednesday. The Fed is widely anticipated to keep interest rates unchanged in the 4.25%-4.50% range for the second consecutive time. 👉Meanwhile, the Australian Dollar (AUD) has shown strong performance in the last two...

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🔔🔔🔔 USD/JPY news: ➡️The USD/JPY pair reached a two-week high of around 149.93 during the Asian session on Tuesday as renewed geopolitical concerns in the Middle East boosted demand for the safe-haven US dollar. However, further gains appear uncertain due to diverging expectations between the Bank of Japan (BoJ) and the Federal Reserve, as well as rising trade...

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🔔🔔🔔 Gold news: ➡️ Gold prices have been at the 2900 - 2930 level for a long time, creating strong pressure for gold to break out in the US session yesterday. ➡️ In addition, 2 Weak economic data CPI and PPI of the US along with other weak data and the spreading trade war are the buttons to remove the strong increase of gold to 2990 (+1.95%) ➡️ On the other...

FM-ForexMastermind Updated 

🔔🔔🔔 EUR/USD news: 👉The EUR/USD pair remains range-bound as the US Dollar stabilizes ahead of the Federal Reserve’s monetary policy meeting. The Euro (EUR) holds steady after German leaders, including the Greens led by Franziska Brantner, agreed to establish a 500 billion Euro infrastructure fund and implement significant changes to borrowing regulations,...

FM-ForexMastermind Updated 

🔔🔔🔔 Gold news: ➡️Gold prices have fallen after hitting a record high, surpassing $3,000, following a series of weaker-than-expected economic indicators, especially PPI and CPI. Concerns about a possible US recession have weighed on the US dollar, boosting demand for the non-yielding metal. ➡️Risky trade policies under President Trump and the possibility of the...