⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is experiencing a rebound after hitting a weekly low. This bounce comes after four consecutive days of losses, and it coincides with the release of key US data in a market that is currently sluggish. However, despite this bounce, the XAU/USD price is struggling to justify...
Strategy for Buyers OANDA:GBPJPY 🔥 The OANDA:GBPJPY pair oscillates in a narrow range above the 1.2600 mark during the early Monday’s Asian session. The major pair currently trades near 1.2628, gaining 0.01% on the day. 🔥Traders anticipate that the Bank of England (BoE) is likely to raise 25 basis points (bps) in the upcoming meeting. The BoE Chief...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: For the second consecutive day, the price of gold is trading with a negative bias. However, there has been no significant follow-through in this downward movement and the price remains within a familiar range that it has held for about a week. Currently, the XAU/USD pair is just below $1,940,...
✍️ NOVA hello everyone, Let's comment on USD/CHF price next week from 4-8/9/2023 🔥 World situation: The Swiss Franc is losing value as the USD gains support from an improvement in US business activity and bond yields. Despite a busy week in the US economic docket, the financial markets remain calm. The Nonfarm Payrolls figures for August were a mixed bag, with...
✍️ NOVA hello everyone, Let's comment on NZD/USD price next week from 4-8/9/2023 🔥 World situation: By the conclusion of the week, the US dollar, as measured by the DXY index, experienced daily increases following market volatility resulting from the publication of August Nonfarm Payrolls and ISM PMI manufacturing data. However, despite this, there will be a...
Smart investment, Strong finance GOLDEN INFORMATION: Gold price has attracted buying for the fourth consecutive day on Thursday, rising above the $1,945 level during the Asian session. This brings it closer to a four-week high reached yesterday. The XAU/USD is now looking to build on its recovery from last week's low of around $1,885, which was the lowest...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: After receiving positive indications regarding consumer confidence and employment, the economic calendar in the United States presented slightly improved data on Thursday. As a result, gold prices experienced a decline from their monthly peak. The decrease in gold's momentum reveals a lack of trust...
✍️ NOVA hello everyone, Let's comment on gold price next week from , Last week of August 🔥 World situation: Chair Powell emphasized the importance of caution in the upcoming meetings of the Federal Reserve (Fed). He acknowledged that contrary to expectations, the economy has not yet cooled down and therefore, the bank will continue to implement its restrictive...
Forecasting and strategy TVC:GOLD : Gold price portrays the routine consolidation ahead of the United States Nonfarm Payrolls (NFP) while easing to 1,940$ amid the early hours of Friday, after reversing from the highest level in a month the previous day. In the near term, and according to the 4-hour chart, the risk skews to the downside. Technical indicators...
Signals and strategies for August 31 TVC:GOLD 🥰 TVC:GOLD is currently hovering around the 61.8% Fibonacci retracement level of the 1,985$ - 1,886$ drop at 1,947$, maintaining the bullish bias. 🥰The 4-hour chart shows that technical indicators are slightly down but still within overbought levels, not enough to confirm an interim top. 🥰US consumer...
Strategic analysis TVC:DXY $ The U.S. dollar fell in early European trading on Tuesday, off nearly three-month highs as the United States releases a series of key economic data this week. $ At 03:10 ET (07:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was trading 0.1% lower at 103.907, after falling 0.2 %...
Sell signals and strategies OANDA:USDCHF The OANDA:USDCHF pair loses its recovery momentum and holds below the 0.8800 mark during the early Asian trading hours on Thursday. Meanwhile, the US Dollar Index (DXY), a measure of the value of USD against six other major currencies, loses momentum and hovers around 103.00. At the time of writing, the USD/CHF is...
Necessary strategy TVC:GOLD 🎁Yesterday evening, a series of news about the USD index that was not as expected by the market caused dxy to fall sharply, the currency pairs GBPXXX, XXXUSD, Oil increased, US Stock Index and Gold all increased very quickly. 🎁In today's Asia-Europe session, the market expects a slight correction in Gold to 1932$ - 1927$ before...
Signals and strategies OANDA:AUDUSD $ Australia's consumer price index inflation fell more than expected in July, further away from a 30-year high as a series of sharp Reserve Bank rate hikes appeared to be working as expected. . $ Consumer price index inflation rose 4.9% in the 12 months to July, data from the Australian Bureau of Statistics (ABS) showed on...
Strategies and signals TVC:GOLD In his remarks at the Jackson Hole conference, Fed President reiterated his commitment to continue to closely monitor economic data, while leaving the door open to a rate hike. TVC:GOLD prices will hardly receive strong impetus to break out without a significant increase in inflation data or a worsening job market. The yuan...
Smart investment, Strong finance GOLDEN INFORMATION: The Gold Price (XAU/USD) is protecting its previous weekly rebound, which is the first in five weeks. It has risen for two consecutive days due to the overall weakness of the US Dollar. The cautious optimism in the market and lower Treasury bond yields are also contributing to the recovery of XAU/USD. It is...
✍️ NOVA hello everyone, Let's comment on EUR/JPY price next week from , Last week of August 🔥 World situation: EUR/JPY Price Analysis: Bulls continue to target 160.00 With the prospect of economic recovery in Europe and Japan, controlling the COVID-19 epidemic and solving the Ukraine war problem are two big steps forward for the economies of the two regions. ...
NOVA hello everyone, Let's comment on gold price next week from August 21 to August 25, 23 World situation: A difficult week with the world gold price The price has dropped to the lowest level since March 2023 around 1885 - 1890 With many negative news covering the whole market. Investors with a common sense of fear and sell-off in large numbers caused gold...