Alexia_Putellas

Alexia_Putellas Updated  Nov 13, 2023

Alexia sends greetings to all of you! Today, gold continues to maintain a downward trend. At the time of writing, the price has temporarily halted trading at $1938, the lowest level in 4 weeks, near $1940. The precious metal is facing difficulties in increasing prices due to some policy makers from the Federal Reserve expressing support for further...

Alexia_Putellas Nov 13, 2023

Alexia greets everyone! Currently, the price is trading at $1936, unchanged from the previous trading session. Gold information: The Fed chairman continues to support the strength of the USD and high bond yields. These are significant obstacles for gold. Due to the tightening trend of the Fed, there is not much incentive to buy gold at this time. Meanwhile,...

Alexia_Putellas Nov 13, 2023

Dear valued readers, The market has been consistently consolidating in recent trading sessions, moving sideways with a strong upward trend. At the time of writing, the cryptocurrency market is trading below the 37,000 USD resistance level. The upward trend is robust as it is consolidating at a high level with stable trading activity on the 2-hour time...

Alexia_Putellas Updated  Nov 13, 2023

Hello everyone! Overall, the beginning of the week's trading session still favors the bearish side as gold opened at $1938. The tension in the Middle East has not had a significant impact on gold prices. Despite Israel's ongoing ground attacks on Gaza in the new conflict with Hamas, the conflict has been contained so far. On the 4-hour chart, the price has...

Alexia_Putellas Updated  Nov 12, 2023

Dear friends, as anticipated, the electronics market continues to rise, with prices currently trading at $36,972. Bitcoin has been trading within an impressive upward channel since its significant surge at the end of October. The strong upward trend is reinforced by its stability in daily trading activity. Therefore, it is highly anticipated that the price may...

Alexia_Putellas Updated  Nov 12, 2023

Alexia hello every one! Bitcoin has gradually been trading higher since a major move at the end of October. As seen on this chart, a parallel price channel has been established and is still functioning well. Just as predicted yesterday, the digital currency continues to rise and is currently holding at a high level above $35,000. As of the beginning of today,...

Alexia_Putellas Updated  Nov 12, 2023

Alexia greets everyone! Today, the EUR/USD is witnessing a slight recovery on Friday, halting trading at 1.0684, receiving support from a cooling US dollar (USD) after a week of stable gains that caused the Euro (EUR) to drop nearly a whole percentage point from its Monday high of 1.0756. Next week, we will see the EU's Gross Domestic Product (GDP) figures on...

Alexia_Putellas Updated  Nov 11, 2023

Alexia , hello every one! The price of gold continues to decline today, trading at $1966 and losing 0.12% during the day. Gold is under pressure to decrease as the US dollar in the international market rapidly rebounds after a decline due to the Federal Reserve's dovish signals. The DXY index, which measures the fluctuations of the US dollar against a basket of...

Alexia_Putellas Updated  Nov 11, 2023

Alexia greets everyone! Today, participants in Marker continue to understand Powell's words, which show that the US central bank is still concerned about inflation and will raise interest rates if necessary. The growing concern is that this policy may not be sufficient to contain it. This has driven the USD/JPY exchange rate to increase, along with the rise in US...

Alexia_Putellas Updated  Nov 11, 2023

Alexia, hello everyone. Currently, GBPUSD is continuing its downward trend, seeking strong support at 1.210. It can be observed that this currency pair is looking for this strong support level to extend its upward price movement. For the reasons mentioned above, the strong support level will be tested again in the near future. Consequently, it may push even...

Alexia_Putellas Updated  Nov 11, 2023

Alexia, hello everyone! As predicted by ALEXIA, USDJPY continues to maintain a strong upward trend above 148.00 USD due to a decrease in risk appetite among market participants, which has reduced the attractiveness of risk-sensitive currencies. This asset has rallied strongly from 149.40 on expectations that the potential economic recovery in the United States...

Alexia_Putellas Updated  Nov 11, 2023

ALEXIA, hello every one ! Today, gold remains in a defensive position around the range of 1,963 - 1,977 USD after declining from a high of 2,010 USD in last week's trading session. The strong recovery of the US dollar has diminished the attractiveness of gold for buyers holding other currencies. In the near future, and according to the 4-hour chart, the risk is...

Alexia_Putellas Updated  Nov 11, 2023

Currently, the spending On-Chain Transaction Value (SOVB) index for these wallets is decreasing, indicating a decrease in activity and a potential market sentiment for price appreciation. The impressive annual increase of Bitcoin (BTC) is fueling a bullish sentiment in the cryptocurrency market. Conversely, smaller Bitcoin holders, those with 10-100 BTC in their...

Alexia_Putellas Updated  Nov 11, 2023

Hello everyone! Currently, the price of Bitcoin is still on the rise, nearing $36,000. This upward trend has been positively explained by the Federal Reserve's accommodative stance. Analysts have set a target price of $50,000 for Bitcoin due to the bullish sentiment. In market news: The open interest in Bitcoin futures contracts has significantly increased...

Alexia_Putellas Updated  Nov 11, 2023

Dear friends, Currently, the price of gold is decreasing due to the close relationship between gold and the sharp drop in oil prices. The WTI oil price has dropped to $77 per barrel. Although the increase in the US dollar has an impact on the price of gold, precious metals still attract the attention of major investors. At the time of writing this article, gold...

Alexia_Putellas Updated  Nov 11, 2023

Hello everyone! USD/JPY continues to trade at a high of 151.08, maintaining a positive trend and a three-day winning streak. The market seems calm, and the different policy outlooks of the BoJ-Fed may continue to act as favorable drivers for the major currency pair. The technical setup supports the prospect of a rebound, testing the YTD high again. On the chart,...

Alexia_Putellas Updated  Nov 11, 2023

Alexia, hello everyone! The EUR/USD exchange rate is hovering around 1.0710 during the Asian trading session on Thursday. This currency pair lacks direction and momentum, resulting in an unclear trend. However, the Euro remains in positive territory following conflicting economic data from the Eurozone and Germany. From the 4-hour chart, we can see that a 5-wave...

Alexia_Putellas Updated  Nov 9, 2023

Hello everyone! The GBP/USD is experiencing a significant increase and is currently undergoing trend corrections, indicating a clear short-term decline on the 1-hour chart. At the time of writing, the price is trading at 1.228, down 0.05% for the day. The short-term technical outlook for this currency pair shows a downward trend. In the absence of significant...