⭐️Fundamental Analysis Gold prices fell as investors booked profits ahead of the release of key US economic data, including PMI and PCE inflation. The Fed minutes did not change expectations for two rate cuts this year, but maintained a cautious stance. If the economy is strong and inflation is high, the Fed may not be in a hurry to ease policy. Gold prices may...
⭐️Fundamental Analysis The rally came after US President Donald Trump said a trade deal with China was possible. Geopolitical concerns increased after US President Trump said Ukraine had started a war with Russia and hinted that it was time to pay back all the aid it had provided to the US. Meanwhile, the Federal Reserve (Fed) meeting minutes from Wednesday night...
⭐️Fundamental Analysis Gold prices rose again due to concerns about new tariffs from former US President Donald Trump and the deadlock in negotiations between the US and Russia. Trump announced that he would impose tariffs of 25% or more on pharmaceuticals, semiconductors and automobiles, putting great pressure on European and Asian economies. This raised concerns...
⭐️Fundamental Analysis Top US and Russian officials will meet to discuss ending the war in Ukraine, but there are concerns that a decision may be made without the participation of Ukraine and Europe. Weak risk sentiment has boosted demand for the safe-haven US dollar, putting pressure on gold prices. At the same time, Fed officials were cautious about inflation...
Your trading strategy is based on a combination of strong support at 1.044 and signals from the EMA 34. This is a reasonable approach if the correction weakens and buying pressure increases. Some notes: Confirmation from price action: If the price reacts strongly to the 1.044 area (such as forming a reversal candlestick pattern or RSI divergence sign), the...
⭐️Fundamental Analysis Gold prices continued to rise after eight consecutive weeks, supported by the weakening of the US dollar and US Treasury yields. The market expects the Russia-Ukraine conflict to end soon as Donald Trump is expected to meet Vladimir Putin in Saudi Arabia. Decreasing geopolitical risks and expectations of two Fed rate cuts in 2025 due to...
⭐️Fundamental analysis: Bullion traders are ignoring the US Consumer Price Index (CPI) data for January due out on Wednesday. Traders are also ignoring the possibility of a peace deal being struck with US President Donald Trump and Russian President Vladimir Putin, who spoke by phone to outline a meeting soon to hammer out the outlines of a peace deal. Despite...
🌐Fundamental Analysis The US dollar is under heavy selling pressure, opening the door for GBP/USD to rise as risk-on flows dominate financial markets. US President Donald Trump refrained from announcing new reciprocal tariffs on Thursday, instead explaining that he has tasked his economic team with drawing up plans to impose reciprocal tariffs on every country...
⭐️Fundamental Analysis Asian and European traders were cautious ahead of Fed Chairman Jerome Powell's remarks to Congress. Powell said he was in no rush to adjust monetary policy and wanted to see more progress on inflation, saying the economy was in a "pretty good place." His remarks helped stabilize financial markets, helping Wall Street trim losses and the...
⭐️Fundamental Analysis US President Donald Trump announced new tariffs on imports, weakening commodity currencies such as the EUR, AUD and NZD, while boosting demand for the safe-haven USD. Weak Non-Farm Payrolls (NFP) data showed the US economy added 143,000 jobs in January, lower than the forecast of 170,000. However, the unemployment rate fell to 4%. Trade...
Pay attention to the 1.250 zone for today's NF of this pair. When before NF, the price failed to break 50% of the previous h4 candle around the 1.244 zone, giving us a BUY signal to bet on the news with a target at the SELL entry location. Pay attention to 1.225 to BUY when the news comes out, giving us a signal for GBPUSD to fall.
🌐Fundamental Analysis USD/JPY fell sharply to 151.300 on expectations that the Bank of Japan (BoJ) will continue its tightening policy. Data showed that nominal wages in Japan increased by 4.8% in December - the highest level in nearly 30 years, while real wages increased for the second consecutive month, reinforcing the prospect of a BoJ interest rate hike. At...
⭐️Fundamental Analysis Gold prices maintained a slight upward trend in today's European trading session, hovering near the all-time high reached earlier. Safe-haven demand for gold continued to increase due to concerns about US-China trade tensions and the negative impact of the Trump administration's hawkish policies. Meanwhile, the USD struggled as the market...
⭐️Fundamental Analysis The weakening US dollar (USD) and the downward adjustment of US Treasury yields have pushed gold prices higher, as the USD is being affected by concerns about the trade war and political developments. Trade tensions between the US and countries such as Canada and Mexico have eased, along with expectations that the tariff war with China will...
EURUSD is facing resistance at the 1.035 EMA. It is difficult to break this zone quickly. The pair may retest the 1.027 and 1.022 price zones to break the EMA zone to form an uptrend again. When still trading below the 34 and 89 EMA, the pair is still in a downtrend and prioritizes SELL signals.
⭐️Fundamental analysis Gold prices remain attractive this week due to uncertainty from the Trump administration's tariff policy and US-China trade tensions. Mixed US economic data reinforces expectations for two Fed rate cuts this year, supporting gold prices. However, gold prices may come under pressure if the Israel-Hamas conflict is resolved. The market is...
⭐️Fundamental Analysis Gold prices had a volatile trading session on Monday as they paused their gains as investors assessed the impact of Trump's new tariffs, strong US economic data and the Fed's hawkish stance. The US dollar also recovered as markets were cautious ahead of the imposition of tariffs on China. However, if the JOLTS jobs data misses expectations,...
After continuous price recovery in the European session, Gold price encountered a barrier at the 2800 round resistance zone. When Gold encounters any buying force that surpasses the 2800 resistance zone, our pending sell entry zone is at the 2803-2805 zone.