Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ Europe is currently experiencing its largest energy crisis in recent history, with the duration of the crisis remaining uncertain. The...
Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ China is aiming to establish its currency, the yuan, as the major rival to the dollar in global trade. It has established new alliances with...
Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ The misuse of the world's reserve currency by American politicians, bureaucrats, and central bankers has resulted in a reckless increase in...
Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ Market conditions are thin amid the Easter holiday, with multiple markets closed on Good Friday. The United States, however, will release the...
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Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ In times of financial hardship, banks can use money to manage their liquidity and stabilize their deposits. However, relying on money alone...
Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ It is anticipated that the ECB will increase its Deposit Rate by 25 basis points in May and then again in June, resulting in a peak rate of...
Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ While Australia's activity data has shown a slight decline, the Reserve Bank of Australia (RBA) is still focused on tightening monetary...
Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ M30 chart: The XAU/USD pair is currently hovering around the $2,025 mark and appears to be continuing its upward trend without any signs...
In early Asia, the gold price XAUUSD is under significant strain due to the increase in pressure to use US inflation, following OPEC+'s surprising announcement of production cuts at the end of the week. The valuable metal has fallen below $1960.00 as there is hope that the Federal Reserve (Fed) will maintain higher interest rates for a longer period. With the...
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The GBP/USD has experienced a strong rebound from the 1.2275 level, and experts at Scotiabank anticipate that the pair will exert upward pressure on the resistance level of 1.2445/50. No crucial details have been left out in this paraphrase. Bull trend holds The manufacturing data for Mar CIPS was adjusted down by a small margin from 48.0 to 47.9, however, this...
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Overanalyzing is not always required as sometimes the simplest things can yield the desired outcome. As the economy becomes more stable, gold loses its appeal as a safe haven, and bitcoin loses its attractiveness as a lucrative investment option. Anticipating a potentially significant drop in the value of bitcoin!
The recent banking problems have caused the Fed to adopt a more cautious approach, resulting in a decrease in US yields and an increase in the value of gold. However, ANZ Bank economists do not anticipate a further increase in the price of gold at this time. According to the statement, the Gold price is not expected to increase significantly in the short term due...
The currency pair EUR/USD experienced a drop to a fresh low of 1.0790 during the day, after reversing from a significant short-term obstacle. The downtrend is further supported by the breaking of a two-week support line, which is now a resistance level, and the calming uptrend of the MACD line. Additionally, the RSI line (14) has fallen to level 50, indicating the...
According to the Bank of Japan's Tankan survey for the first quarter, inflation expectations have increased slightly. Additionally, the Jibun Bank of Japan's manufacturing Purchasing Managers' Index (PMI) has risen from 48.6 to 49.2. At the beginning of the week, cautious markets responded to recent news regarding oil production cuts and the subsequent rise in...
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