SterlingOracle

SterlingOracle Updated 

On Thursday, Federal Reserve Chairman Jerome Powell signaled a "temporary hold" at the monetary policy meeting, triggering short-term volatility in the gold market. After hitting a new high of $3,357, the international gold price retreated. In the Asian session, it pulled back to $3,321, dropped to $3,315 and $3,312 in the European session, plunged to $3,284 in...

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The daily K-line of BTC has just retraced to the EMA30 trend support level of 84,000, and the short-term support is effective. The highest point is at 85,300. According to this trend, the short-term trend will still be in a sideways range, with both upward and downward room for trading opportunities. Therefore, the entry point is crucial. The MACD has...

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The 1-hour chart shows that the USD/CHF rate is currently consolidating sideways between two key levels of 0.8220 and 0.8160, forming a narrow trading range. The MACD indicator shows DIFF at 0.0003, DEA at 0.0004, and MACD at -0.0002, indicating weakened short-term momentum. The RSI reading is 51.5565, in the neutral zone with no obvious overbought or oversold...

SterlingOracle

On Friday, the U.S. Dollar Index continued to consolidate below 99.50. The market was focused on the tug-of-war between the market's expectations of the Federal Reserve's interest rate cuts and the impact of tariff policies. The technical chart shows that the key support level has been broken, significantly increasing the short-term downward risk. From the...

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On Wednesday, the Trump administration announced a new round of sanctions on Iran's oil exports. This move aims to increase pressure on Iran amidst the escalating tensions over its nuclear program. A statement from the US Treasury Department said that under President Trump's intensification of the "maximum pressure" campaign, efforts are being made to reduce...

SterlingOracle Updated 

On Thursday, after hitting a record high of $3,357.66, the spot gold price pulled back, and the bulls and bears are engaged in a fierce battle. The pressure of short - term profit - taking is emerging, but the fundamental support still exists, and the key support level will determine the future trend. The intensifying trade tensions between the United States and...

SterlingOracle Updated 

On Wednesday, the USD/JPY exchange rate kept falling, trading around 141.950 with a drop of about 0.90%. Weakened by the US dollar's continuous decline, it hit a low of 141.645 and then recovered slightly. The yen's appreciation was due to the dollar's weakness, as new US tariff plans caused selling pressure on the dollar. Trump's call to investigate key mineral...

SterlingOracle Updated 

The AUD/USD continued its upward trend from last week and further climbed above the 0.63 mark. This rally is mainly propelled by risk - on sentiment; simultaneously, rising commodity prices have bolstered the Aussie. On the 120 - minute chart, AUD/USD pierced the mid - line of the upward channel and is now edging towards the recent peak of 0.6342. The MACD shows...

SterlingOracle Updated 

As expected, trade tensions continue to stimulate the demand for gold. The price of gold per ounce has just set a new record of $3,340. The US dollar is still under pressure from trade frictions, which have begun to have a real impact on American companies and have intensified domestic concerns about an economic recession in the United States. Trump's frequent...

SterlingOracle Updated 

Currently, in the daily candlestick chart of Bitcoin, the highest price of the candlestick is 85,500, and the lowest is 83,000. It has been fluctuating sideways at a high level for five consecutive days. There are trading opportunities in this box - shaped market condition, but frequent trading is not advisable. On a larger scale, an ascending flag - shaped wedge...

SterlingOracle Updated 

From the perspective of the daily chart of crude oil, the moving average system in the medium-term trend is arranged downward, indicating that the objective direction of the medium-term trend is downward. After the oil price reached a low of 55.20, there have been frequent alternations between bullish and bearish forces. In the medium term, the bearish momentum is...

SterlingOracle Updated 

In terms of the daily K-line of BTC at present, the highest price has reached 85,800, and the lowest price is 83,600. The price is still suppressed by the strong EMA60 trend line, with the resistance level at 86,300. The support provided by the EMA30 below is also very strong, and the support level is at 83,700. The overall trend shows a contracting trend. Given...

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Last Friday, after surging to 3,245, gold encountered selling pressure and retreated, and the range-bound adjustment continued throughout the day. From a technical standpoint, the suppression of the double-top pattern is evident on the 4-hour chart. The MA10 moving average has crossed downward, creating a new resistance level at 3,220. If the price fails to hold...

SterlingOracle Updated 

This week, the Japanese yen made a remarkable performance in the foreign exchange market. The USD/JPY exchange rate started with a significant decline. Reaching a high on Monday, it then trended downwards and hit a low of 142.050 during the week. By Friday, it closed at 143.486, registering a weekly drop of around 1.35%. In the context of surging market risk -...

SterlingOracle Updated 

On Friday, the crude oil market showed a slight rebound, and the daily line finally closed as a small positive line. From the perspective of the weekly line, a positive line doji pattern was formed. This series of price movements indicates that the price of crude oil seems to have shown a short - term stabilization signal. However, when looking at the overall...

SterlingOracle Updated 

From the current market situation, China has announced the imposition of a 125% tariff on the United States in response to Trump's decision to raise the tariffs on Chinese imports to 145%. Due to the weakening of the US dollar and economic concerns triggered by the intensification of the trade war, the safe-haven asset gold broke through the key $3,200 mark for...

SterlingOracle Updated 

This week, the British pound performed steadily in the foreign exchange market. The GBP/USD rose moderately, starting at 1.29800 on Monday and closing at 1.30540 on Friday, up 0.67% for the week and about 0.9% in total. The slump of the US dollar index gave the GBP/USD room to rise. With the weakening of the US dollar globally and shaken investor confidence in...

SterlingOracle Updated 

On the daily K - line chart, the highest price of BTC reached 85,400 and the lowest was 82,750. The K - line has broken through the EMA30 trend line at 83,650 and is continuing to rise, challenging the EMA60 trend resistance level at 86,400. Additionally, as the main players significantly increase their BTC holdings, the bullish trend persists. The MACD has...