Hello dear friends, let's learn about today's gold price with Karina! The XAU/USD pair traded near an intraday low of $2001 mid-afternoon in the US, as investors continued to reduce bets on a Federal Reserve (Fed) interest rate cut in March next. The CME tool shows a 52% chance of such an event, down from about 70% a few weeks ago. The reaction to the...
Hello dear friends! Gold prices today continued to fall sharply with gold down 25 USD to 2,001SD/ounce but soon regained the level of 2010 USD at the time of writing. Accordingly, gold prices continued to plummet to a more than 1-month low in mid-week trading session as strong economic data strengthened the USD and Treasury bond yields and reduced market...
Hello everyone, nice to meet you again in today's chat about GBPUSD! Now GBP/USD attracted some buying for the second day in a row early Thursday and looks to build on the previous day's decent recovery from below 1.2600 or above a one-day low. month. Prices are currently trading just below the 1.2680 mark and remain well supported by the 1.260 support level and...
Karina hello everyone, what do you think about GBPUSD? Today GBPUSD faces some downside in its recovery. Accordingly, GBP/USD fell to nearly 1.2680 during the Asian session early in the day. The British Pound lost ground against the US Dollar due to risk aversion, which could be due to concerns about geopolitical risks, which dominate the psychology of market...
Hello dear EURUSD traders, let's dive into this currency pair with Karina! Today, EURUSD couldn't resist the downward trend, aligning with our predictions from yesterday. The pair is under pressure as the USD starts to regain strength, heavily impacting this major currency duo. On the analysis chart, EURUSD has broken through the Trendline and fallen below the...
Hello everyone, it's fantastic to reconnect with you today, especially as we dive into the topic of XAUUSD! Today, we've seen a shift in gold prices, descending from $2,054 to $2,028 per ounce by Wednesday morning. This seems partly due to comments from officials at the U.S. Federal Reserve (FED), indicating that the U.S. is still far from reaching its inflation...
Hello everyone! Today, we witness the continuing downtrend of gold prices, currently hovering around the 2023 USD mark. It's a decline of 5 USD for the day and over 30 USD since the beginning of the week. This decline is primarily attributed to recent positive news about the USD, which has shaken the confidence of traders, leading to selling gold to secure...
Hello dear friends ! After BTCUSDT dropped sharply in price last weekend, it began to trade quietly and there was still not much change in price in the first two days of the past week. Price is currently trading around 42,800 USD and moving mostly sideways as the Bollinger Band length is narrowing with resistance at 43,430 USD and support at 42,100...
Hello dear friends ! Today continues to be USDJPY's winning streak! Accordingly, this currency pair is once again supported by the recovery of the USD. USDJPY saw significant buying as investors are reconsidering bets supporting the Federal Reserve's (Fed) interest rate cut decision in March. Besides, the Japanese Yen's decrease in price for the third...
Hello everyone, what do you think about USDJPY? The USD/JPY pair held steady below the 146.00 threshold during early Tuesday's Asian trading session. Overall, the pair's rally was supported by a stronger US Dollar on Monday, supported by sour market sentiment and a weaker Japanese Yen. The pair regained most of the ground lost on Friday and hit an intraday high...
Hello everyone, what do you think about EURUSD today? Currently, EURUSD is still in a downtrend after the pair formed a double top pattern and started to decline more with a reversal signal from EMA 34. Risk aversion in the market dragged risky assets like the Euro lower amid rising tensions in the Red Sea. For today's trading, we will prioritize SELL because...
Hello everyone, nice to meet you again in today's talk about gold prices. Currently, gold price is fluctuating around 2050 USD and down nearly 8 USD compared to yesterday's transaction. In general, the first day of the gold week did not have much change in trend because the US market was closed during the Martin Luther Day holiday. However, escalating...
BTCUSDT today has a slight recovery although still in a downtrend with the price below the two EMA lines and trading around 42,700 USD. The outlook for BTCUSDT will increase as this coin maintains its recovery level above the 41,500 USD area. At the same time, it can also make an adjustment to nearly 45,200 USD like the 0.618 - 0.5 fibo level.
Hello dear friends, Today the price of gold is trading quite gloomy, down nearly 5 USD and trading around 2050 USD with the trend seemingly starting to move sideways as the market is quite quiet from the holiday event of banks . The next downside price objective is seen at the triangle support at $2,049. Further out, Friday's low of $2,027 could bring temporary...
Hello dear friends ! What do you think about the trend of USDJPY? Currently, the pair is still holding on well to a recovery streak around 145.40 after it last plummeted to nearly 140.00. However, in terms of trends, this currency pair still faces many difficulties as the market is still expecting a reduction in interest rates this year. In fact, from the...
Hello everyone, here will be some assessments on the long-term trend for the GBPUSD currency pair! First of all, talking about the short term, last week, GBPUSD continuously received victories as the price still increased despite not having too big breakthroughs. The currency pair is still supported as the USD still has difficulty recovering. Regarding the...
Hello wonderful friends, what do you think about EURUSD? Opening the new week, the EURUSD currency pair maintained a slight recovery with the price at 1,096 and up 0.15% on the day. Price still mainly operates around the two EMA lines and there is not much change in trend. Karina is expecting this pair to escape the price range and make a Breakout to reach...
Welcome to a new promising and productive trading week! Looking back at last weekend, gold proved its strength with a spectacular Breakout, completely escaping the sideway trend and ending the downward trend. It was an impressive move from the bulls, as they not only successfully defended the key defensive zone at 2015 USD but also pushed gold prices up sharply...