On the GBPUSD market today, the GBPUSD pair continues to have a recovery disadvantage when the DXY index is more stable and partly puts pressure on this pair of money. Currently, GBPUSD is fluctuating around 1,258 and on the trend 1D chart, it seems that it is still in the reduction with the empty momentum and the cross -moving movement is dominating. I expect...
Greetings EURUSD traders! How do you foresee the movement of the EURUSD pair today? With the markets closed for the holiday on Monday, EURUSD remained relatively stable, primarily oscillating around the 1.076 level. The overarching trend still appears to favor the bears, with prices firmly entrenched within a descending channel and lacking the momentum to break...
Gold price today is trading around US $ 2022 and is worth a significant recovery level since the last time it decreased to 2000 USD. From the chart, precious metals have escaped from the discount channel and conducted an increase, the price can recover up to 2037 USD and higher may be at $ 2055. However, the market information is still less optimistic about the...
Hello everyone! What are your thoughts on the gold price today and for the rest of the week? Will it rise or fall? Last week, gold experienced significant fluctuations, dipping below the $2000 mark, but it quickly rebounded by the end of the week and is now stabilizing around $2017. The immediate resistance level is at $2025, and with the USD weakening towards...
"Dear friends, Today, EURUSD is on the path of recovery after last week's dip. A glance at the analytical charts reveals a promising short-term outlook, buoyed by positive signals from the EMA 34 and 89. I'm setting my sights on this currency pair surpassing the current resistance at 1.0785, aiming for the key psychological mark of 1.080. What are your...
"Hello BTCUSDT Traders, Today, Bitcoin is carving out a resistance level at the $52,000 USD/BTC mark amid the latest U.S. macroeconomic data falling short of expectations. According to analyses from TradingView, BTC's price action has stagnated during the last week's trading session and into the start of this week, showcasing a sideways movement. For this week,...
Gold price is consolidating the solid recovery from the weekly low level of 2,015 USD at the beginning of the fourth day. The US dollar extends the regression from the highest level in many months, in the context of the interest rate of the US Treasury bonds and the market environment is friendly and risky, promoting gold buyers to accelerate. According to...
EURUSD continues to be under the pressure of selling heavily despite the increase in price adjustments but not significant. From today's analysis chart: EURUSD is moving in the range of 1,076 and receives support at this level. The couple cheered on the continuous decline of the US dollar and the optimism of the market. Investors are now waiting for German...
New week strategy! Today, gold price dropped sharply, losing nearly 20 USD in just one session and gold has surpassed many important support levels with the current price in the 2020 USD. Overall the momentum of gold price in the past week and in the past month, there has been weakness when on the gold chart began with the trend of sideway and the prospect...
"Hey there, my fellow Traders! Today, gold is continuing its stylish retreat, elegantly moving towards the resistance level of 2030 - 2031 USD. Our beloved metal might just take a graceful step back under the bearish charm, especially with Mr. Jerome Powell, the Fed Chairman, hinting at a careful approach to interest rate cuts this year. Reacting to this, the...
"Hey lovelies, curious if you think gold is going to glam up or dim down today? Right now, gold is strutting around the 2025 USD mark, caught in a bit of a downtrend on the 1D chart. It seems to be eyeing a rendezvous with the 89 EMA, and let's just say, it's not the most advantageous match-up right now. This precious metal took quite the dip, with the spotlight...
"Gold prices today saw a modest uplift, buoyed by a softening USD and falling Treasury yields. The DXY's 0.3% drop spiced up the appeal of gold for investors holding other currencies, while lower U.S. 10-year bond yields cut the opportunity cost of holding non-yielding bullion. Currently trading around 2035 USD, traders are eagerly anticipating insights from...