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Ariana_alila

The EUR/USD is trading sideways around 1.0650 and showing signs of transitioning to an upward trend. This change is supported by the easing tensions between Israel and Iran, which have led to a reduction in geopolitical risks and decreased demand for the US dollar as a safe-haven asset, consequently causing a slight increase in the EUR/USD pair. Looking at the...

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Despite the decline in the inflation index, the USD/JPY currency pair continues to benefit from the upward trend. The Governor of the Bank of Japan (BoJ), Kazuo Ueda, has expressed support for the Japanese Yen while warning of potential interest rate hikes if the Yen were to suddenly depreciate and cause inflation. Technically, over the past two weeks, the price...

Ariana_alila

The EUR/USD is undergoing a period of notable volatility. After dropping to the level of 1.0600, the price has rebounded to near 1.0650. Despite signs of recovery, this currency pair continues to maintain a downward trend. Anticipated that the price will test the SMA 50 area before continuing its downward trajectory. Investors may wait to see if the downward...

Ariana_alila

During the past week, the gold market continued to conquer new highs, reaching $2,431 before stabilizing around the $2,400 mark and closing the trading session at $2,392. From a technical standpoint, we observe that gold prices are still trading above the SMA 20, 50, and 100 lines on the chart, indicating a buying bias. Additionally, the Relative Strength Index...

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The British Pound (GBP) found temporary support near the lowest level around 1.2400 in the European trading session on Friday. The GBP/USD pair remains weak due to political tensions in the Middle East. Based on technical analysis, the Relative Strength Index (RSI) is trading below the 50 threshold, indicating a downward trend in prices.

Ariana_alila

In the European trading session on Friday, EUR/USD continued to maintain a recovery mode near the 1.0650 level. The resurgence in risk sentiment is supporting this pair as the US Dollar serves as a safe haven amidst heightened concerns. Reports of Israel's attack on Iran earlier today have caused turmoil in the market, adding pressure on EUR/USD. Based on...

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Gold continues its strong rally, surpassing the psychological threshold of $2,400 during Friday's Asian trading session. Looking at the chart, after surging to $2,415, Gold showed signs of slight decline, testing the SMA 20 zone at $2,384. However, political tensions in the Middle East are predicted to persist and sustain the upward momentum without...

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Despite the adjustment of the US Dollar, the yield of US treasury bonds decreasing, and escalating political tensions, the price of gold failed to sustain its recovery and once again declined to the vicinity of 2,350 USD. However, it rebounded, trading around 2,370 USD during Thursday's Asian trading session. Based on technical analysis, on the 1-hour chart, the...

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BTC is recovering its upward momentum after the price breaks through the SMA 20 line, predicting that the price will continue to rise and test through the SMA 50 and SMA 100 lines before experiencing a strong increase.

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USD/JPY continues its upward momentum after experiencing a decline in the U.S. trading session on Wednesday. Overall, the upward trend of this currency pair remains robust. When looking at the chart, technical indicators have clearly confirmed this trend. The price has surpassed the simple moving average (SMA), indicating that the strength of the uptrend is...

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EUR/USD is consolidating its recovery process but remains below 1.0700 at the start of the European trading session on Thursday. The US dollar (USD) continues to decline despite political turmoil in the Middle East. However, in the future, the weakness of the Eurozone economy, along with the potential recovery of the US economy, boosts expectations for a stronger...

Ariana_alila Updated 

USD/JPY traded around the 154.60 level at the start of the European trading session on Wednesday, hovering close to the peak of 154.78. The slight downward adjustment of the US Dollar (USD) has exerted pressure on this currency pair. However, expectations for the Federal Reserve to continue maintaining high interest rates in the future, driven by the robust US...

Ariana_alila Updated 

EUR/USD is rebounding towards the 1.0650 level at the beginning of the European session on Wednesday. The US Dollar (USD) has entered a consolidation phase, allowing the Euro to heal its wounds. However, it is facing constraints due to the divergence in policies between the Federal Reserve (Fed) and the European Central Bank (ECB). Investors are particularly...

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Overall, Gold continues to maintain its upward trend due to political tensions in the Middle East. Investors continue to bet on the Federal Reserve's interest rate cuts, which is also contributing to pushing gold prices higher. Based on technical analysis, the upward trend of gold is still clearly supported. The Relative Strength Index (RSI) is trading above the...

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USD/JPY is currently experiencing an uptrend, but the market is showing signs that the price has risen excessively. This indicates that there may be a short-term correction phase, providing an opportunity for investors interested in short-selling activities. However, it's also a time to exercise caution, as trading in volatile market conditions can pose risks....

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In general, GBP/USD is still maintaining a downward trend. This currency pair traded slightly lower on the day, dipping below the 1.2450 level at the start of the European trading session on Tuesday. While there are indications of a minor price adjustment and a slight increase, traders may perceive a glimmer of hope for a recovery. However, this is merely a...

Ariana_alila

The EUR/USD pair held steady above the 1.0600 USD level during the European trading session on Tuesday. Despite dropping to a new low, it still received support from US bond yields, albeit rising slowly. However, its recovery seems weak due to the strength of the US dollar and risk concerns. From a technical standpoint, the Relative Strength Index (RSI) indicates...

Ariana_alila

Gold prices traded sideways around the $2,385 mark during Tuesday's Asian trading session, with indications pointing to a potential rise towards $2,400 USD. Should this upward momentum persist and breach the $2,400 USD, there's a likelihood of further ascent towards the significant resistance at $2,432 USD. However, as political tensions in the Middle East...