Shane-investment

Shane-investment

With the holiday season underway, this week may be less volatile than the previous one, which was dominated by central bank decisions. This presents an opportunity to analyse the broader trends and outlook for gold prices in 2025.

Shane-investment

'Because gold is honest money it is disliked by dishonest men. '

Shane-investment

Price has created a 1H B.O.B that's currently u tested...price need to retest that untested B.O.B before price can continue to fall in the long term

Shane-investment

The Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. Fed Chair Powell stressed once again that they are proceeding carefully as the full effects of policy tightening have yet to be felt. The US Core PCE last week came in line with forecasts with the disinflationary progress continuing steady. The labour...

Shane-investment

The U.S. dollar, as measured by the DXY index, fell nearly 3% in November, weighed down by the downward correction in U.S. yields triggered by bets that the Federal Reserve has finished raising borrowing costs and would move to sharply reduce them in 2024 as part of a strategy to prevent a hard landing. While some Fed officials have been dismissive of the idea of...

Shane-investment

Price are currently making new lowe lows and breaks out the bullish pattern with a proper retest ...price need to come back to retest a B.O.B ...wait for price to retest then you sell

Shane-investment

The EURUSD pair provided some bearish bias this morning but it returns to attempt to rise again, to keep the bullish trend scenario valid and active for today, supported by the EMA50, noting that we are waiting to visit 1.1080 as a next main station, while the continuation of the bullish wave depends on the price stability above 1.0860. The expected trading...

Shane-investment

In Monday's trading session, the EUR/USD pair is staging a climb, confidently edging northwards and flirting with multi-month highs near the 1.0960 area. The catalyst behind this positive momentum is the USD trading vulnerable while the Euro got a boost after Lagarde’s hawkish words. On the data front, the US reported minor housing data, which saw New Home Sales...

Shane-investment

A sharp decline of the US Dollar following US inflation data boosted the EUR/USD. The medium-term outlook for the Euro gains the US Dollar has improved. More US inflation data is due on Wednesday, along with Retail Sales figures.

Shane-investment

A sharp decline of the US Dollar following US inflation data boosted the EUR/USD. The medium-term outlook for the Euro gains the US Dollar has improved. More US inflation data is due on Wednesday, along with Retail Sales figures

Shane-investment

EUR/USD was on course for a moderate drop on Wednesday, but then reversed course after bouncing off medium-term trendline support. Despite recent price action, the underlying bias remains bearish, but to be confident that the losses will accelerate, the bears need to push prices below 1.0535. Should this scenario unfold, we could see a move towards the 1.0500...

Shane-investment

There's a untested Supply area .. Price did leave a 2h Untested B.O.B ... Price need to come back to retest the B.O.B ...if price come into my intrested area. Thats the time to buy

Shane-investment

The EURUSD pair trades with clear positivity to attack 1.0485 level and attempts to hold above it, which urges caution from the upcoming trading, as confirming the breach will stop the expected decline for today and push the price to build bullish wave that targets testing 1.0550 areas as a first positive station, while the price needs to trade below 1.0485 again...

Shane-investment

EUR/USD fell sharply on Monday, weighed by broad-based U.S. dollar strength amid soaring U.S. Treasury yields, with the 10-year note pushing above 4.65% and hovering near its highest level since 2007. In this context, the pair sank about 0.5% in early afternoon trading in New York, steadily approaching the 1.0500 psychological level, a key near-term support to...

Shane-investment

EUR/USD bears target the 1.0850 level. Bears eye a move to test daily lows for the new month ahead. EUR/USD is on the back foot. The US Dollar index climbed to a two-week high on Thursday after economic data showed the labour market remained solid. It's been a strong week of data for the US and was topped off with Weekly Initial Jobless claims that decreased...

Shane-investment

Gold breakdown analysis and levels to note Retest of recent level of support (now resistance) adds to the bearish outlook

Shane-investment

Gold price attracts some buyers during the Asian session, albeit lacks follow-through. Bets for more rate hikes by the Federal Reserve underpin the US Dollar and cap gains. Traders now look forward to Fed Chair Jerome Powell’s comments for a fresh impetus.

Shane-investment

EUR/USD attracts fresh buying on Tuesday and draws support from a modest USD weakness. The lack of follow-through buying beyond the 1.0930-35 confluence warrants some caution. A break below last week’s swing low is needed to support prospects for any meaningful slide.