DNA_BrianTrading

DNA_BrianTrading Updated 

Hello dear friends, Brian here! The opening of the new week saw a slight decline in the price of gold, dropping from $1925 to $1923. In the previous week, gold continued to trade within a neutral range as the Federal Reserve kept interest rates unchanged during their September monetary policy meeting. Looking ahead to the forecast for gold prices this week,...

DNA_BrianTrading Updated 

Hello dear readers! The price of gold at the end of the week is currently trading at $1,925.8 per ounce, remaining largely unchanged after a week of trading. The precious metal has been on a downward trend this week following the announcement by the Federal Reserve to keep interest rates steady. In terms of gold price predictions, Brian believes that the price of...

DNA_BrianTrading Updated 

Brian greets everyone! Today, we are once again witnessing the shining performance of NZDUSD as this currency pair continues to hold its upward momentum, reaching a trading level of 0.595 and still remaining in an uptrend. The target for NZDUSD today will be 0.598 before surpassing the 0.600 mark to gain even stronger bullish momentum.

DNA_BrianTrading Updated 

Brian greets everyone! Today, we can see that gold has unexpectedly turned downwards and is currently trading at $1920. However, on the 4-hour chart, the metal is still within an upward trend, with a strong support level at $1915. Therefore, there is still a possibility of gold continuing to rise.

DNA_BrianTrading Updated 

Hello dear friends, Brian is here again to discuss the current market situation! Currently, gold is showing signs of weakness and trading at a low level below $1930, in the context of the strengthening US dollar due to decisions made by the Fed. Gold is currently below the EMA 34 and 89 lines, indicating a downward trend with important levels: Support levels:...

DNA_BrianTrading Updated 

Hello dear friends, today USDJPY continues its stable upward trend at 148.05. From a technical perspective, the sustainable strength and acceptance level at 148.00 can be seen as a new catalyst for bullish traders. Furthermore, the oscillators on the 4-hour chart are holding in positive territory and are still far from being overbought. Conversely, this indicates...

DNA_BrianTrading Updated 

Brian greets smart and wealthy friends! Today, EURUSD continues to maintain a decline below 1.070. The downward trend is cooling off and transitioning into a sideways movement, currently trading at a price of 1.0645. If the Euro surpasses the level of 1.0670, there is a possibility that the exchange rate will expand its upward trend, with the next resistance...

DNA_BrianTrading Updated 

According to retail sales data, the United Kingdom experienced a 1.4% decrease in August, compared to the expected -1% and a 3.1% decrease in July. Meanwhile, core retail sales reported a 1.4% decrease in the month, compared to the expected -1.3% and the previous -3.3%. The GBP/USD is testing the daily low near 1.2270 on the optimistic retail sales data from the...

DNA_BrianTrading Updated 

Hello dear friends! What do you think about USDJPY today? Currently, in the UJ market, it continues to trade below 148.00 and reached a trading level of 147.828. It can be seen that UJ is still trying to find a way out of this price range. However, this currency pair still lacks significant momentum as the market quietly awaits the upcoming interest rate decision...

DNA_BrianTrading Updated 

Hello everyone, join Brian as we explore the market today. Currently, the USD/JPY pair has risen to the 148.00 level after breaking out from the low of 147.47 in the early Asian trading hours on Thursday. At the time of writing, this currency pair is trading at 148.27, up 0.05% for the day. It can be seen that this currency pair is still attempting to consolidate...

DNA_BrianTrading Updated 

Dear friends, it seems we have just experienced another eventful day in the market. Today, let's continue our exploration of the gold price with Brian! As you may have noticed, after the Federal Reserve (Fed) announced news about interest rates yesterday, gold had a strong reaction and surged to a high of $1945. However, when the Fed decided to keep interest...

DNA_BrianTrading Updated 

Hello dear friends! So after several days of price increases, AUSUSD experienced a significant decrease yesterday, falling from the level of 0.651 and is currently fluctuating around the 0.640 range. The formation of a bearish flag pattern on the short-term chart has confirmed a negative outlook for the AUD/USD pair. This indicates that it would be wise to wait...

DNA_BrianTrading Updated 

Hello dear friends! Today, GBP/USD is currently battling at the level of 1.2300, marking the lowest point in 5 months of trading in Europe on Thursday. This currency pair is weighed down by the hawkish stance of the Fed and the possibility of the BoE pausing its interest rate hikes, following the unexpected drop in inflation in the UK and the SNB's surprising...

DNA_BrianTrading Updated 

Brian greeted the audience and expressed his delight at reconnecting with them for today's market discussion. Currently, the GBP/USD pair continues to strive for any meaningful recovery and extend its consolidative price actions for the third consecutive day on Wednesday. The current price is trading below the 1.2400 level in the Asian trading session and remains...

DNA_BrianTrading Updated 

Brian greets all smart traders! Currently, the gold market is still trading quietly at $1928 with little change after the news that the Fed has decided to keep interest rates between 5.25% and 5.50% at the September monetary policy meeting. Gold continues to trade sideways, with predicted fluctuations in the range of resistance at $1936-$1938 and support at...

DNA_BrianTrading Updated 

Hello everyone! Today, the EUR/USD is being traded at levels near the weekly lows, specifically below 1.0650, during the early morning hours in Europe on Thursday. As anticipated, the Federal Reserve has maintained the current interest rates, yet they have hinted that there could be a possibility of one more rate increase before the year concludes. This news has...

DNA_BrianTrading Updated 

Hello dear friends! Last week, the AUDUSD finished and closed with a decline. However, after observing the 4-hour chart, we can see that the current main trend of AU is still within an upward channel. Therefore, the decrease in AU may just be a cushion for price increases in this week's trading session. At the time of writing this article, AU continues to...

DNA_BrianTrading Updated 

Hello everyone, this is Brian! Today, the USDJPY market remains calm with minimal fluctuations. Currently, UJ is moving sideways and trading around the price level of 147.67. It seems that UJ is facing difficulties in finding opportunities to increase its price as it struggles to surpass the strong resistance level at 147.80. Despite several attempts, UJ has been...