FOREXRSMV

FOREXRSMV

Bank of Japan Governor Kazuo Ueda hinted at a possible rate hike during the Jan. 23-24 meeting, which boosted the yen. Although a 25 basis points rate hike to 0.50% is expected, the BOJ's cautious history leaves traders wary A rate hike could strengthen the yen but also trigger volatility in the market. Japan's low interest rate policy has long supported growth,...

FOREXRSMV

XAUUSD price stabilized around $2,725 after a three-day climb, remaining under profit taking pressure. Strong data on China's economy failed to inspire the market as real estate concerns and possible U.S. tariffs dampened optimism. Expectations of Fed rate cuts continue to support gold despite mixed data on the US labor market and retail sales. The Fed chief's...

FOREXRSMV

📌Trump's upcoming inauguration, the crypto community is expecting the new president to take active steps. And overall, the bullish three-day run is a combination of macroeconomic factors, technical breakdown and fundamental confidence in the future of cryptocurrencies. All of this created a strong bullish momentum that attracted new buyers and increased...

FOREXRSMV

The Fed chief's statements about possible rate cuts in the first half of the year are adding support to the metal. Next week, traders' attention will be focused on US housing and industrial production data. Support levels: 2700, 2697 Resistance levels: 2712, 2721 Global and local trend is bullish. Counter-trend correction is being formed. Technically, the...

FOREXRSMV

Technically, a strong bullish structure is forming. A break of resistance and favorable news could strengthen the rise to 2700. But, there is an additional scenario: Break of support of the rising structure or 2665 - 2671 may provoke capitulation and fall to 2655 - 2647.15 Resistance levels: 2678,2692.51 Support levels: 2675, 2671, 2665

FOREXRSMV

Today all eyes are on GDP and initial jobless claims. Technically, the price is out of the global channel, breaking the support, gold updates the low to 2581. Resistance levels: 2620, 2630, 2636 Support levels: 2616, 2612, 2603 After updating the low, a retest of the previously broken channel boundary and imbalance zones is formed. False breakdown of key...

FOREXRSMV

There is a 93% probability that the Fed may cut interest rates by 0.25%. But the thing to pay attention to here is the general backdrop - the Fed's stance. Hawkish hints about 2025 could have a much bigger impact than a rate cut, which is partially already factored in by the market. Any hint of fewer rate cuts next year could be a growth driver for the dollar....

FOREXRSMV

Technically, xauusd is flat and heading for strong support Resistance levels: 2646, 2658 Support levels: 2633, 2620, 2612.61 Price is heading towards support before the news. Manipulation before a possible rise? The probability is high We are waiting for support retest, false breakdown and possible growth to the mentioned targets

FOREXRSMV

XAUUSD is faltering a bit due to high risks before the news. In the moment a strong impulse can be formed. The price is consolidating in the local range. Earlier, the price broke the local upward support... 📌Traders are consolidating in anticipation of economic data. Volatility is decreasing, speculators are not ready to take risks yet, all attention is focused on...

FOREXRSMV

Technically, the gold does not look ready to conquer the tops, the price is stuck in the flat-- RESISTANCE: 2662- 2677,2710 SUPPORT: 2635 - 2646 Tested resistance in the form of a false breakout, accordingly, the market has potential - liquidity from below. At the moment the emphasis is on the local ascending channel. We are waiting for support retest. If the...

FOREXRSMV

Technically, gold is returning to the channel, marking a strong resistance at 2632. (a retest of the zone is possible before a further fall). Resistance levels: 2632, 2620 Support levels: 2605 A price consolidation below 2620 or below 2605 will strengthen the sell-off phase. The fundamental background is weak, which increases the pressure of bears. In the...

FOREXRSMV

Closing of the trading session on Friday and the whole weekly session can be considered as promising with the aim of continuing further decline. Accordingly, I do not exclude the fact that the price may head up and test resistance levels, 2577 , 2589 or 2594 Support Level 2556,2546,2532

FOREXRSMV

XAUUSD after a false breakdown of 2546 forms a pullback and tests 2577. It is quite adequate reaction after such a strong fall. The fundamental background is still negative, and the dollar is accelerating its growth. Economic data from China increased economic concerns. Uncertainty about future interest rate cuts by the US Federal Reserve also continues to weigh...

FOREXRSMV

After a busy week, the metal may go into a consolidation phase. In the area of 2714 - 2685, but it is still worth paying attention to resistance and support from which strong moves can be formed Resistance levels: 2696, 2714, 2720 Support levels: 2685, 2652 Technically, xauusd is in a local descending channel and below 0.5 Fibo. If the bears keep the price below...

FOREXRSMV

Technically, the strong resistance is confirmed. It's easier for us, because at the moment the benchmark is 73500. The liquidity above this zone has not gone anywhere and thus still interests the market. That is, the price can still come back and test 73500 At the moment, the focus is on the local high of the previous wave - 69467 If bitcoin breaks this support...

FOREXRSMV

USDJPY IDEA 👀The price closes above 151.93, which indicates a victory of the buyer. The growth may continue, the target is 154.51. But a retest of the half support is possible. 📌⁉️

FOREXRSMV

The resistance retest ended with a bearish bar. The price is likely to head towards 1.29131 Further rebound is possible before further decline.

FOREXRSMV

EURUSD IDEA Short Sell The fall may continue after consolidation below 1.079. But we need to keep an eye on 1.07727 and local low. Market closed at low of the week after consolidation bearish move will continue..⁉️