Hello dear friends, let's explore the market today with Selena! As predicted by Selena yesterday, USDJPY experienced a slight decline, but it was just a mild price correction. The up trend is still functioning well, with continuous price increases reaching new highs. The current price has risen by 0.13% for the day, reaching 149.27. The target is set at the round...
Let's explore today's market with Selena! Gold prices today continue to decline to $1,818 per ounce, equivalent to a 0.55% decrease in the day. This is the lowest price of the global gold market in the past 10 months. Gold weakened as demand for holding greenbacks increased, giving momentum to the USD Index, which at times rose from 106.17 points to 106.9 points,...
Let's explore the price of gold with Selena today! Currently, gold continues its downward trend, trading at $1821, down $6.5 for the day, marking the lowest point in several months. Across various time frames, the prevailing trend remains bearish, with any temporary increases being short-lived. It is not surprising that Selena believes that gold will continue to...
Let's explore the EUR/USD market with Selena! Today, EUR/USD is facing increasing selling pressure and forming new lows of the year in the range of 1.0460 - 1.0455 on Tuesday. On the other hand, continued price declines will lead EUR/USD to encounter the next support level at the round number of 1.0300, followed by minor support at 1.0290 and 1.0222.
Let's explore the market today with Selena! The uptrend in the 4-hour chart has been broken with a breakout at the price of 0.593. As a result, the NZD/USD exchange rate continues to face selling pressure below the 0.5900 level after dropping to hold above 0.6000 in the early hours of Asian trading on Tuesday. The recovery of the US Dollar (USD) and higher...
Let's explore the market today with Selena! On the 1-hour chart, GBPUSD is continuing to recover from previous losses, bouncing back from the 1.212 level. The current price is at 1.220. "The strong recovery of GBP could extend to the 1.2250 level before stalling," Selena emphasized. Selena also highlighted that "the next resistance level at 1.2300 is unlikely to...
Let's find out about gold today with Selena! At the end of September, the price of gold is currently trading at a low of $1840 per ounce and shows no signs of stopping, dropping nearly $100, which is a loss of over 5% in value within a month. This is the second largest monthly drop this year. The reasons could directly relate to the current monetary policy of the...
Hello dear friends, What do you think about the price of gold today? Currently, gold has lost its luster as it continues to trade in a downward trend. The price of this precious metal has dropped to a low of 1875 USD/ounce, falling far below our expectations of it stabilizing at 1900 USD. Looking at the chart, gold seems undecided about its next move as it...
Hello dear friends, Let's explore the market today with Selena! In the 4-hour timeframe: After GBP dropped to a low of 1.2111 on Wednesday, it was noted that "although the weakness of GBP is not yet stable, the downward momentum is showing signs of slowing down." Selena holds the view that "GBP has the potential to test the level of 1.2100, but breaking clearly...
Hello dear friends, Let's explore USDJPY with Selena! Today, UJ continues to maintain its upward momentum, currently trading at 149.47. This currency pair has received support following the optimistic data released by Japan on Friday. However, UJ is still facing pressure to surpass the psychological resistance level at 150.00. There may be a slight price decline...
Let's learn about the market with Selena! Gold continued to decline today, with no signs from the market that can halt the downward trend of this precious metal. Currently, the price is fluctuating around the low range of $1865, the lowest figure in the past 6 months. It is predicted that gold will continue to decrease significantly with insignificant...
Are you curious about how the market is fluctuating today? Let's find out with Selena! Today, gold is experiencing a slight rebound after days of decline. The price is currently recovering by 0.36% and trading at $1872. This is the only session where the price has increased, marking the end of trading for this week. However, negative information from the market...
Let's explore the market today with Selena, shall we? The EU is currently experiencing a strong recovery after reaching its lowest closing level of the year, which has improved the prospects for the Euro, although the overall trend is still downward. A potential recovery rally could extend up to 1.062 without interrupting the downtrend. On the 4-hour chart,...
Hello dear friends, are you wondering about the market today? Today, USDJPY continues to maintain its high level and is trading at 149.068. However, after observing the 1D chart, we can see that the upward momentum of UJ is gradually cooling off. By using Fibonacci, it has now reached a perfect level for us to expect a price drop. What do you think?
Selena is delighted to meet all of you again during today's market exchange. Currently, EURUSD continues its downward trend and is trading at 1.509. It seems that we all agree that the prevailing trend is a strengthening US Dollar. There doesn't seem to be any reason to resist the downward trend of EUR/USD. However, today, let's pay attention to inflation in...
Are you curious about the market today? Let's explore it together with Selena! USDJPY continues to maintain its position at a high level, reaching a trading threshold around the price of 149.37. From technical analysis, the relative RSI indicators along with EMA 34 and 89 continue to support this currency. However, the US Dollar Index (DXY) has reached its...
Hello dear friends, Let's explore the market with Selena! Today, the price of gold continues to decline sharply, with gold falling by $24.1 to $1,875 per ounce. The price of gold has slipped below the important psychological support level of $1,900 per ounce in this morning's trading session as the hawkish stance of the Federal Reserve continues to drive the rise...
Hello dear friends, Let's continue to explore the market today with Selena! As predicted, yesterday we witnessed a very unique performance of gold with a significant decline. Gold truly dropped to the level of 1900 USD/ounce, facing selling pressure due to the increase in the value of the US Dollar (USD) before highly anticipated inflation data on...