JohnHarry_7

JohnHarry_7

Gold price is on the front foot above $2,510 in Wednesday’s Asian trading, consolidating the previous upsurge to a new all-time high of $2,532. Gold traders take account of broad risk-aversion and refrain from placing fresh bets ahead of the Minutes of the US Federal Reserve July meeting due later on Wednesda Gold remains poised to test $2,550, with eyes on Fed...

JohnHarry_7

If the new record high of $2,510 is reclaimed on a sustained basis, the next relevant topside target is seen at the $2,550 level. Acceptance above the latter could challenge the $2,600 round level en route to the triangle target, measured at $2,660. In light of the dovish Fed expectations, Gold price rallied to a fresh record high of $2,509 on Friday, further...

JohnHarry_7

Gold retreats after setting a new record high of $2,500 Gold stages a technical correction and trades below $2,490 after setting a new record high of $2,500 earlier in the day, boosted by falling US Treasury bond yields. Profit-taking could ramp up the volatility heading into the weekend. Gold is pulling back from the range ceiling it was pushing up against for...

JohnHarry_7

Bitcoin Price (BTC) Real-Time Live Price Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and...

JohnHarry_7

Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's...

JohnHarry_7

Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's...

JohnHarry_7

Gold price holds onto gains above $2,400 on Fed’s sizable rate-cut prospects Gold price falls slightly but remains broadly firm on multiple tailwinds on Friday. Investors are divided over the size of Fed rate cuts in September. Fed officials acknowledge the softening of inflation and slowing labor demand.Gold price trades in a channel formation on a daily...

JohnHarry_7

Gold’s price trades in a channel formation on a daily timeframe, which is slightly rising but broadly exhibited a sideways performance for more than three months. The 50-day Exponential Moving Average (EMA) near $2,370 continues to provide support to the Gold price bulls. The 14-day Relative Strength Index (RSI) oscillates within the 40.00-60.00 range,...

JohnHarry_7

EUR/USD retreats toward 1.0900 after US data EUR/USD struggles to preserve its recovery momentum and declines toward 1.0900 in the second half of the day on Thursday. Better-than-expected weekly Initial Jobless Claims data from the US supports the USD, causing the pair to stretch lower.EUR/USD is the forex ticker that tells traders how many US Dollars are needed...

JohnHarry_7

USD/JPY holds recovery near 146.50 after BoJ Summary of Opinions USD/JPY holds the recovery near 146.50 in Asian trading on Thursday. The Japanese Yen defends bids after the BoJ Summary of Opinions and amid a risk-off market mood, acting as a drag on the pair. The focus shifts to US employment data. USD/JPY is the forex ticker that shows the value of the US Dollar...

JohnHarry_7

GBP/USD clings to modest daily gains above 1.2700 GBP/USD breaks its three-day losing streak, trading around 1.2700 during the Asian session on Thursday. This upside could be attributed to the weaker US Dollar as the US Federal Reserve is widely anticipated to implement a more aggressive rate cut beginning in September. GBP/USD trades below the descending trend...

JohnHarry_7

1.0900 EUR/USD paddled in a tight circle on Wednesday, churning just above the 1.0900 handle as Fiber traders take a breather from recent volatility sparked by a misprint in key US data last week. EUR/USD flubbed a bullish dash for 1.1000, leaving bids hung out to dry Confirm signal

JohnHarry_7

In the near term, XAU/USD is neutral. The 4-hour chart shows a bearish 20 SMA keeps heading south below the current level after crossing below a flat 100 SMA. The 200 SMA, in the meantime, provides dynamic support at around $2,385.00. Finally, technical indicators have bounced from their recent lows but turned flat within neutral levels, somehow suggesting absent...

JohnHarry_7

GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...

JohnHarry_7

USD/JPY: To test 150.50 in short term – UOB GroupSharp drop in USD has scope to extend. Any decline is likely part of a lower trading range of 150.50/155.00, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann note. Bears to break below 150.50 24-HOUR VIEW: “Our view for USD to trade in a range was incorrect. USD traded in a volatile manner, rising to 155.21...

JohnHarry_7 Updated 

Gold price (XAU/USD) attracts some dip-buying during the Asian session on Tuesday, though remains confined in the previous day's broader trading range and below the $2,400 mark.The overnight failure to find acceptance above the $2,400 mark and the subsequent downtick warrants some caution before positioning for any meaningful upside. Moreover, oscillators on the...

JohnHarry_7

USD/JPY is extending recovery above 155.00 in the European session on Tuesday. The pair stretches higher, as the US Dollar capitalizes on a cautious mood while Japanese Yen traders adjust their positions ahead of Wednesday's BoJ policy decision. The USD/JPY pair trades back and forth in a tight range above the crucial support of 156.00 on Monday’s European...

JohnHarry_7

GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders how many US Dollars are needed to buy a British Pound. The Pound-Dollar is one of the oldest and most widely traded currency pairs in the world. Follow the live GBP/USD rate with the chart and keep up to date with Pound-Dollar news and analysis. Plan your...