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Hello dear friends, a new week has come, wish you lots of energy! Currently, the GBP/USD exchange rate is fluctuating around 1.2965 and performing well in the downward price channel on the 1-hour chart. The main reason is that the market is witnessing economic stability in both the UK and the US, as retail sales in both countries exceeded expectations,...

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Hello everyone! Overall, EUR/USD is slightly down for the second day in a row, trading around 1.0780 on Monday morning. Looking at the daily chart, you can see that the pair is testing the upper boundary to return to the descending channel pattern. This could reinforce the bearish bias for the pair. However, there are signs of a potential bottom forming at...

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Hello dear friends. Overall, EURUSD has made a significant recovery from last week with a price increase beyond 1.0800 after data from the US showed that Durable Goods Orders fell 0.8% in September. However, unfortunately, the pair quickly fell back and closed the fourth consecutive week in negative territory, weakening EURUSD significantly. In addition, from...

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EUR/USD is trading around 1.078 and the technical picture remains heavily bearish after failing to break above the 1.0800 resistance level. The decline comes as Fibre falls sharply ahead of Thursday’s new round of Purchasing Managers’ Index data. ECB officials have played down economic concerns, reiterating the need for caution when considering future rate...

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EUR/USD has restored half -hearted on Thursday, restoring four tenths of percent and increasing over 1,0800. Despite the recovery on the weekend, Fiber still dropped sharply compared to the recent high level after a decrease of more than 4% from top to bottom compared to the highest bid at the end of September nearly 1,1200. Technically, the recent decline has...

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Latest gold price forecast today October 24, 2024: Gold information: World gold prices fell sharply today due to pressure from the increase in the USD and US Treasury bond yields. Specifically, the US Dollar Index increased by 0.3% to nearly a 3-month high, which put pressure on gold prices. US bond yields also increased to a 3-month high, increasing the...

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EUR/USD continued to slide below 1.0800 during the European session on Wednesday. The major currency pair remained under pressure as the outlook for the Euro (EUR) deteriorated due to faster-than-expected inflation declines and rising risks of a Eurozone recession, fueling speculation of more rate cuts by the European Central Bank (ECB). EUR/USD was also...

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Hello everyone! What is the current price of gold? Let's analyze with Victor! The world gold price today set a new record of 2,747 USD/ounce, up 27 USD compared to the same period yesterday at 2,720 USD/ounce. The world gold price skyrocketed to an all-time high as investors increased their demand for safe capital due to uncertainties surrounding the US...

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Hello dear friends! What do you think if EURUSD continues its downtrend in the future? This will be a long-term analysis for this currency pair. On the chart analysis: Ben sees that a double top pattern has formed (clearly indicated from the chart) which marks a strong fight from the sellers as they try to push the downtrend back. Furthermore, using Fibonacci...

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Looking at the GBPUSD chart, we can see that the price is moving within a clear downtrend channel. Currently, the price is right next to the upper trendline of this channel, indicating that selling pressure may dominate and continue to push the price lower. Today's trading trend: SELL scalp. Trading strategy: For those considering trading, it is reasonable to...

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Dear Traders! Analyzing the gold chart on the 1-hour time frame, we can see that gold prices were relatively weak at the beginning of the trading session after closing the week at $2660 with a slight reversal, currently hovering around $2656. This reversal is due to some short-term technical factors, especially a gap opening, which prompted investors to fill in...

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At the end of last week's trading session, gold prices continued to increase strongly. Gold prices have created a new ATH after a correction to 260x. We will now trade according to the main trend. Wait for the next adjustment of gold to enter a long-term order. Today's trading trend: BUY scalp. Price zones to pay attention to: BUY zone: 2703 - 2708 SELL zone:...

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Gold prices continued to rise today and hit a new record, reaching a full $2,700 at the beginning of the session and the upward momentum is still strong. Accordingly, gold reached a record high as it continued to be driven by safe-haven demand, due to concerns about instability surrounding the US presidential election and conflicts in the Middle East. In...

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Hello everyone, let's update the gold price today! Currently, the gold price is fluctuating around 2728 USD, almost unchanged from this time yesterday, although there was a slight decrease before. This shows that the purchasing power of this precious metal is still strong and stable. The main reason for gold to maintain its position is thanks to a series of...

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Gold is struggling to capitalize on the positive momentum from Friday and is currently hovering around $2680. With clear signs of bullish momentum being shown by the 34 and 89 EMAs, there are no significant signs of a reversal yet. The next prediction is that gold will continue to trade in the range of $2683 to $2660. The $2660 level at the 89 EMA could be...

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Hello everyone! USD/JPY is finding fresh demand alongside the US Dollar in the Asian session on Thursday. New measures in the Chinese real estate market disappointed and strengthened the safe-haven greenback. The US Retail Sales data will now be in focus, and looks vulnerable. However, in the short term, with the trend still intact and because of the principle...

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Gold prices made an impressive reversal today, rising more than $25 to $2,635, after six consecutive sessions in the red. The recovery came on Thursday, as investors began to adjust their strategies based on a series of important economic data from the US. The CPI report showed signs of cooling inflation, while employment data reflected a weakening labor market....

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Gold prices continued to rise slightly on Tuesday as Treasury yields eased, while investors cautiously awaited more data for fresh clues on the Federal Reserve's easing cycle. The 10-year yield fell as the day's report showed a slowdown in manufacturing activity in New York state. Accordingly, bond yields are putting slight pressure on gold. However, the...