JohnHarry_7

JohnHarry_7

GBP/USD trades with a mild positive bias but stays below 1.3100 in the European trading hours on Thursday. The pair benefits from a pause in the US Dollar uptrend, although lacks conviction, amid cautious markets, ahead of the key US CPI inflation data release.

JohnHarry_7

149.00 USD/JPY defends 149.00, stalling its retracement from the highest level since mid-August at 149.36. The BoJ rate hikes uncertainty and a generally positive risk tone cap gains for the safe-haven Japanese Yen while traders look to the US CPI data for fresh impetus. Confirm signal

JohnHarry_7

In the near term, and according to the 4-hour chart, the risk skews to the downside. A bearish 20 SMA acts as dynamic intraday resistance, now at around 1.0970. Technical indicators, in the meantime, lack directional strength but remain within negative levels, in line with another leg south. Finally, the 100 and 200 SMAs turned south far above the current level,...

JohnHarry_7

US30usd confirm signal Follow my chart US30usd buy signal US30usd now buy 42:299 Support 42,900

JohnHarry_7

Gold price extends its losing streak for the sixth consecutive trading day on Wednesday. The precious metal has been battered by the upbeat US Dollar, which has strengthened as traders are pricing out another Fed larger-than-usual interest rate cut of 50 bps in their next meeting in November. Gold price extends losing spell amid upbeat US Dollar ahead of FOMC...

JohnHarry_7

GBP/USD is trading close to multi-week lows below 1.3100 in the European trading hours on Wednesday. The US Dollar adds to recent gains amid risk aversion, awaiting the Fed Minutes for a fresh directional impetus in the pair. Confirm signal follow my chart

JohnHarry_7

Gold price sticks to modest gains near weekly top, bulls seem non-committed ahead of US NFP Gold price (XAU/USD) struggles to capitalize on its modest intraday uptick and remains below the weekly top through the early part of the European session on Friday. Gold now buy 2659 Support 2685

JohnHarry_7

From a technical perspective, any subsequent fall is likely to find decent support near a short-term ascending trend-channel resistance breakpoint, around the $2,625 region. This is followed by the $2,600 mark, which if broken decisively could pave the way for some meaningful downside in the near term. Given that the Relative Strength Index (RSI) on the daily...

JohnHarry_7

On the flip side, the $2,670-2,671 area now seems to act as an immediate hurdle ahead of the $2,685-2,686 zone, or the record high touched last Thursday. This is closely followed by the $2,700 round figure, which if conquered will be seen as a fresh trigger for bullish traders and set the stage for an extension of a multi-month-old uptrend. Gold now buy...

JohnHarry_7

Gold price retains its bullish bias near fresh record highs, as demand for the US Dollar remains subdued following US PCE inflation figures. The strong momentum around stocks limits demand for the safe-haven metal. Gold hovers around $2,670 as US Dollar resumes decline Gold now buy 2649 Support 2705

JohnHarry_7

Gold price (XAU/USD) pulls back after refreshing a record high on Wednesday and touches a daily low, around the $2,655 area heading into the European session. The prevalent risk-on mood, along with slightly overbought conditions on the daily chart, prompts some profit-taking and exerts pressure on the precious metal amid a modest US Dollar (USD) uptick. Any...

JohnHarry_7

If it breaks above $2,600, it will print a higher high and confirm the uptrend is continuing. The next target above that would be round numbers: $2,650 and then $2,700. Gold now buy 2624 Support 2650 In the event that Gold’s RSI enters the overbought zone on a closing basis, however, it will advise traders not to add to their long positions. Confirm signal

JohnHarry_7

If it breaks above $2,600, it will print a higher high and confirm the uptrend is continuing. The next target above that would be round numbers: $2,650 and then $2,700. Gold now buy 2617 Target quick 2655

JohnHarry_7

If it breaks above $2,600, it will print a higher high and confirm the uptrend is continuing. The next target above that would be round numbers: $2,650 and then $2,700. Gold now buy 2617 Target quick 2655

JohnHarry_7

Gold (XAU/USD) preserves its bullish momentum and trades at a new all-time high above $2,610 on Friday. Heightened expectations that global central banks will follow the Fed in easing policy and slashing rates lift XAU/USD.

JohnHarry_7

Gold loses its traction and falls toward $2,570 after climbing above $2,590 during the European trading hours. The benchmark 10-year US Treasury bond yield rises toward 3.75% in the Fed aftermath, making it difficult for XAU/USD to push higher. Gold now buy 2581 Support 2605 Resistance 2556 Confirm signal

JohnHarry_7

Gold now buy confirm signal FOMC Target today Gold now buy 2570 Support 2601 Resistance 2560

JohnHarry_7

Gold (XAU/USD) plateaus in the $2,580s on Tuesday, ahead of the release of potentially market-moving US data later in the day and the Federal Reserve (Fed) meeting on Wednesday. Gold now buy 2572 Support 2600 Resistance 2550