FM-ForexMastermind

FM-ForexMastermind Updated 

🔔🔔🔔 Gold news: 👉Gold is trading with modest gains above $3,000. However, the positive risk sentiment may cap further upside for the precious metal. 👉At the moment, a continued decline in gold prices seems uncertain, as investors remain cautious amid mixed reports regarding former President Trump’s tariff policies. Personal analysis: 👉The short-term downtrend...

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🔔🔔🔔 USD/JPY news: 👉Private sector activity in Japan deteriorated in March, as the composite PMI dropped from a six-month high of 52.0 in February to 48.5, signaling a renewed decline in business activity. The services PMI fell to a three-year low of 49.5 from 53.7 in February, while the manufacturing PMI declined to a multi-year low of 48.5 from 52.0 in the...

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🔔🔔🔔 EUR/USD news: 👉The EUR/USD exchange rate has fallen sharply as the euro came under pressure after ECB President Christine Lagarde's warning of economic risks to the eurozone from potential US tariffs. 👉Lagarde completed before the European Parliament's Economic and Monetary Affairs Committee during European trading hours on Thursday. She said that the 25%...

FM-ForexMastermind Updated 

🔔🔔🔔 AUD/USD news: 👉The AUD/USD pair is under significant selling pressure as weak Australian employment data fuels expectations of a dovish stance from the Reserve Bank of Australia (RBA). 👉Australia’s labor force contracts in February, while the unemployment rate remains steady at 4.1%. Meanwhile, both the Federal Reserve and the People's Bank of China (PBoC)...

FM-ForexMastermind Updated 

🔔🔔🔔 EUR/USD news: 👉EUR/USD remains in positive territory near 1.0850 during the European session on Monday, rebounding from a three-day losing streak. Improving risk sentiment, driven by easing concerns over US reciprocal tariffs, has put pressure on the US Dollar and helped the pair stay firm despite mixed German PMI data. 👉The shift toward risk appetite has...

FM-ForexMastermind Updated 

🔔🔔🔔 Golds news: 👉The price of gold (XAU/USD) continues to decline, trading near $3,025 during the early Asian session on Monday. The metal pulls back after reaching a record high on Thursday, driven by optimism over a potential Ukraine peace agreement. However, expectations of interest rate cuts from the Federal Reserve (Fed) and persistent economic uncertainty...

FM-ForexMastermind

🔔🔔🔔 GBP/USD news: 👉GBP/USD continues its recovery momentum, holding onto daily gains near 1.2950 during the European session on Monday. Data from the UK revealed that private sector business activity expanded at a faster pace in March compared to February, providing support for the British Pound. 👉A weaker US Dollar (USD) at the start of the week is helping...

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🔔🔔🔔 NZD/USD news: 👉New Zealand’s economy rebounded more strongly than expected. Real GDP grew by 0.7% quarter-over-quarter in Q4 (consensus: 0.4%, RBNZ forecast: 0.3%) following a -1.1% decline over the previous two quarters. Increased spending by international visitors boosted growth in tourism-related sectors such as rental, hiring, and real estate services,...

FM-ForexMastermind Updated 

Gold prices pulled back on Thursday as bullish momentum eased following the Federal Reserve's (Fed) recent monetary policy decision and rising tensions in the Middle East. The XAU/USD pair is trading at $3,042, down by more than 0.19%. Market sentiment has shifted to the downside, while the US Dollar is rebounding, as reflected in the US Dollar Index (DXY), which...

FM-ForexMastermind Updated 

🔔🔔🔔 EUR/USD news: 👉The EUR/USD pair rebounds from the 1.0900 level during the European session on Tuesday. Market optimism surrounding the German vote on the fiscal plan and discussions between Trump and Putin counterbalance rising tensions in the Middle East and global trade, leading to a weaker US Dollar and supporting the currency pair. 👉While the Euro (EUR)...

FM-ForexMastermind Updated 

Personal Analysis: 👉Because it is being sold off after failing to break above 3040 to maintain its strong upward momentum. It is currently moving sideways in the 3034-3040 zone. If there is any break, the nearest short-term support zone will be 3027 and further 3016 👉Based on trend lines and resistance - support levels to come up with suitable strategies ...

FM-ForexMastermind Updated 

🔔🔔🔔 Gold news: 👉The price of gold (XAU/USD) remains firm around $2,985 after pulling back from its record high of $3,005 during the early Asian session on Monday. The weaker US Dollar and concerns about global economic uncertainty amid a potential trade war continue to support the precious metal. Investors are now focused on the upcoming US February Retail Sales...

FM-ForexMastermind Updated 

🔔🔔🔔 Gold news : 👉The price of gold (XAU/USD) is experiencing a bullish consolidation near its all-time high as traders take a pause, awaiting the outcome of the Federal Open Market Committee (FOMC) policy meeting set to conclude on Wednesday. Market expectations widely anticipate that the Federal Reserve (Fed) will maintain the federal funds rate within the...

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🔔🔔🔔 USD/CHF news: 👉Switzerland’s inflation outlook remains highly uncertain, with downside risks being the primary concern. Inflation in Switzerland has evolved in line with expectations and continues to be driven mainly by domestic services. 👉The situation will be closely monitored, and policy adjustments will be made if necessary. Assessing the impact of...

FM-ForexMastermind Updated 

🔔🔔🔔 Gold news: ➡️Gold prices have surged past $3,000, reaching record highs early Tuesday as geopolitical tensions in the Middle East escalate. Israel has resumed military operations in Gaza after Hamas rejected US-backed ceasefire proposals. Additionally, growing friction between the US and Iran is further fueling demand for gold as a safe-haven asset. ...

FM-ForexMastermind Updated 

🔔🔔 🔔GBP/USD news: 👉According to the CME FedWatch tool, the Federal Reserve (Fed) is almost certain to keep interest rates unchanged in the 4.25%-4.50% range for the second consecutive time. As a result, the key driver for the US dollar will be the Fed's dot plot, which reflects' expectations for the federal funds rate in the medium and long term, along with the...

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🔔🔔🔔 USD/CAD news: 👉The U.S. central bank decided to keep its benchmark interest rate unchanged for the second consecutive meeting on Wednesday, amid growing concerns about an economic slowdown and the possibility of persistently high inflation. Federal Reserve Chair Jerome Powell emphasized the high level of uncertainty stemming from President Donald Trump's...

FM-ForexMastermind Updated 

🔔🔔🔔 Gold news: 👉Gold prices surged to a new record high of $3,056 on Thursday as Federal Reserve Chair Jerome Powell spoke following the Fed's decision to keep interest rates unchanged. The Fed maintains rates at 4.25%-4.50% and announced adjustments to its balance sheet, expected to resume in April. While accelerating that labor market conditions remain solid,...