FM-ForexMastermind

FM-ForexMastermind

News: 🔆GBP/USD rose 0.6% on Tuesday as tariff concerns eased. 🔆President Trump’s trade war rhetoric is easing. 🔆The tariffs, which were originally set to take effect on Tuesday, have been postponed for another 30 days. This is the third time in a row that President Trump has backed off his threat, after securing significant concessions from other countries ...

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News: 🔆 Trump postpones tariffs on Mexico and Canada, but not on China. The US 10-year bond yield continued to rise in the short term, reaching 4.57%. This caused the US dollar to recover in the short term, leading to a slight correction in gold prices during the Asian trading session. 🔆 However, China immediately imposed tariffs on US imports in response to the...

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The GBP/USD currency pair is being influenced by a number of key economic and political factors. The rise is attributed to a weaker US dollar as markets assess the impact of economic policies in a second term for President Trump. The US dollar fell around 1% following news that any new tariffs would be applied in a “moderate” manner. The pound has gained against...

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News: EUR/USD fell significantly to 1.0250 during the Asian and European sessions as Trump’s tariff war on imports from Canada, Mexico and China kept the US dollar steady and weighed on the pair. Analysis: On the daily chart, the bearish trend remains dominant with consecutive lower highs, indicating continued selling pressure. However, the downside momentum...

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Gold News: 🔆 New US Tax Policy : The Trump administration announced plans to impose a 25% tariff on imports from Mexico and Canada. This increased concerns about trade tensions, causing investors to seek gold as a safe-haven asset. 🔆 Weak US economic data : US GDP in the fourth quarter of 2024 increased by only 2.3%, lower than the forecast of 2.6%, raising...

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🔆The EUR/USD pair is being influenced by a number of economic and political factors, leading to significant volatility in recent times. 🔆 Technical Analysis: The EUR/USD pair is currently in an uptrend, with the price trading above both the 34 EMA and the 89 EMA, suggesting a bullish bias in the short term. The next resistance level is identified at 1.0530 as...

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News: 🔆XAU/USD hit a record high of $2,817.23 an ounce on January 31 after US President Donald Trump imposed 25% tariffs on imports from Canada and Mexico, along with a 10% tariff on goods from China, raising concerns about a global trade war. 🔆Gold prices are forecast to reach $3,000 an ounce by the end of 2025, based on expectations of interest rate cuts and...

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News: 🔆The Canadian dollar weakens as Donald Trump imposes 25% tariffs on Canada on February 1 🔆 Monetary policy : The Bank of Canada (BoC) has cut its benchmark interest rate to 3.00% by January 2025, following previous cuts. This rate cut could weaken the CAD, while the US Federal Reserve (Fed) is also in an easing cycle. 🔆 Oil prices : Canada is a major oil...

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🔆News: • Gold prices remained elevated heading into the European session on Friday, hitting a fresh multi-month high near $2,778 in the final hour. Comments from US President Donald Trump, declaring that he did not want to impose tariffs on China, eased concerns about a trade war and inflation. This pushed US Treasury yields further lower, as Trump called for...

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Factors Affecting Gold Price Today 1. Waiting for US Advance GDP q/q và Unemployment Claims One of the important events that the market is watching today is Advance GDP q/q và Unemployment Claims. If the numbers are lower than expected, this could put pressure on gold. 2. Fed Monetary Policy The Fed kept interest rates unchanged at its most recent meeting...

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🔆Trump uncertainty pushes gold prices near all-time highs. Gold prices jumped to a near three-month high on Wednesday, trading just below a record high, boosted by a weak dollar and a lack of clarity around U.S. President Donald Trump’s policy plans, which investors fear could spark a trade war and increase market volatility. 🔆 Assessment: 👉In the long term,...

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🔆Technical analysis and prediction: Gold is still in an uptrend and there is no sign of reversal, based on the short-term trend line of the 15m time frame, gold is showing signs of a slight decrease and will break out to the $2774 area 🔆Price Zone Setup: 👉 Buy Gold 2754 – 2756 ❌SL: 2749 | ✅TP: 2761 – 2766 – 2772 👉SELL Gold 2774 -2776 ❌SL: 2781 | ✅TP: 2767 -...

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🔆 Gold news: Gold prices (XAU/USD) extended gains for a third straight session on Wednesday, hitting an 11-week high of around $2,751 in Asian trading. The rise was fueled by increased safe-haven demand amid concerns over U.S. President Donald Trump’s trade policies. In addition, falling U.S. Treasury yields, supported by expectations of two Federal Reserve rate...

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🔆 Gold News: Gold (XAU/USD) edged lower after hitting its highest since December 12 in early European trading on Tuesday but closed down at $2,717. The US dollar (USD) rebounded from a two-week low on Monday, on hopes that US President Donald Trump’s protectionist policies could boost inflation and prompt the Federal Reserve to maintain its dovish stance. Falling...

FM-ForexMastermind Updated 

🔆 Gold prices have risen significantly following the inauguration of US President Donald Trump. 🔆 The increase is attributed to a weaker US dollar as markets assess the impact of economic policies during President Trump's second term. The US dollar fell about 1% after reports that any new taxes would be "moderate". The weakening of the US dollar makes gold more...

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🔆The USD/CAD currency pair is being influenced by important economic and political developments. 🔆US President Donald Trump has announced that he is considering imposing a 25% tariff on goods imported from Canada and Mexico. But instead of taking effect immediately, the policy could take effect in February. The announcement immediately sent the USD sharply lower,...

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Comment: EUR/USD continues its downtrend. On the daily chart (D1), EUR/USD is in a long-term downtrend. Recently, the pair tried to correct higher but met strong resistance at 1.0340, after which it fell back. On the 4-hour timeframe (H4), the downtrend is also clear. The recent upward correction stopped at the resistance at 1.0335. The trading plan on H1 favors...

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Gold prices continued to fall below $2,700 during the Asian session on Monday. Among the factors driving the decline were higher US Treasury yields, easing tensions between Israel and Gaza, and the market awaiting the inauguration of US President Donald Trump. Investors are waiting for President Trump to issue the first order on the US President's diamond so they...