Trader-Briannnn

Trader-Briannnn

Hello everyone, Currently, the EUR/USD pair is trading with a slightly negative bias around 1.0360 in early Friday’s Asian session. The major currency pair remains defensive as the US Federal Reserve adopts a less dovish stance despite cutting interest rates by 25 basis points at its December meeting on Wednesday. In summary: The Fed’s hawkish tone has...

Trader-Briannnn

Hello, dear traders. Brian here! When analyzing the 4-hour chart, we can see an intriguing setup that indicates the possibility of continued bearish momentum if critical support levels fail to hold. Let’s dive deeper into the analysis. Currently, Bitcoin is trading at $97,547, reflecting a slight pullback from recent highs. The price has recently broken the...

Trader-Briannnn

Hi guys. Today, gold prices are trending lower with the current price hovering around $2,600. Accordingly, this decline is due to the Fed signaling a cautious policy easing path next year, still supporting higher US bond yields and supporting the USD to stand near a two-year high. Therefore, in the short term, it would not be surprising if Brian prioritizes a...

Trader-Briannnn Updated 

Brian, hello everyone! Gold prices “plunged” and fell more than 2% to a one-month low in mid-week trading after the Fed decided to cut interest rates as expected, but noted that it would slow the pace of borrowing cost reductions in the near term. The Fed’s stance boosted the USD and bond yields. Based on the performance of gold on the 4-hour time frame, along...

Trader-Briannnn Updated 

Dear Investors, The GBP/USD pair has rebounded after losing over 1% following the Federal Reserve's aggressive rate cut on Wednesday, currently trading around 1.2590 during Thursday's Asian session. From a technical perspective, this recovery is likely to be short-lived, stemming from the strong support zone at 1.2567, rather than signaling a sustained rebound....

Trader-Briannnn Updated 

Hello everyone! USD/JPY is back above 155.00, a new high for the month following the BoJ's policy decision. The BoJ kept its short-term interest rate target unchanged at 0.15%-0.25%. The decision was in line with market expectations. Governor Ueda's press conference is now awaited.

Trader-Briannnn Updated 

Hello, dear friends! BTC/USDT is currently on a bearish trajectory, with the price hovering around $101,200. This decline follows comments from Federal Reserve Chair Jerome Powell opposing the establishment of a national bitcoin reserve fund. From a theoretical perspective, the outlook suggests further downside potential, as the price is currently near critical...

Trader-Briannnn Updated 

Hello everyone! Currently, after a false breakout at the key level of $2721, the price has quickly reverted to a bearish trend. This development bears significant resemblance to the double top pattern, a technical formation that often signals an impending downtrend. Given the current situation, the outlook leans in favor of the bears. If this scenario...

Trader-Briannnn Updated 

EUR/USD fell again on Friday, dropping another 0.5 percent to drop below 1.0500. Fiber fell slightly for the fifth consecutive trading day after the European Central Bank cut interest rates by another 25 basis points, with overall market sentiment remaining firmly in the greenback on the day, making EURUSD even more difficult.

Trader-Briannnn Updated 

Dear Friends! USD/JPY is trading sideways around 154.00 during the Asian session on Tuesday. The pair was weighed down by Japanese comments and a softer risk-on tone. However, a fresh rally in the US Dollar limited the pair's losses ahead of the US November Retail Sales report. From a technical point of view, USDJPY remains in an uptrend with the trendline, EMAs...

Trader-Briannnn Updated 

USD/JPY has come under renewed selling pressure to near 0.6350 in Wednesday's Asian trading. The pair fails to benefit from fading hopes of a BoJ rate hike on Thursday as the US Dollar retreats despite a cautious risk environment. All eyes remain on the Fed outcome ahead of Thursday's BoJ decision

Trader-Briannnn

Dear Traders, The EUR/USD pair is currently hovering around the 1.0378 mark, extending its bearish momentum for several consecutive days. This persistent decline has been largely driven by the Federal Reserve’s hawkish rate cuts, which have bolstered the US dollar and exerted downward pressure on this major currency pair. Analyzing the 4-hour chart, it’s evident...

Trader-Briannnn Updated 

As a market analyst, I observe that global gold prices currently stand at $2,647 per ounce, with February 2025 gold futures on the Comex New York exchange priced at $2,675 per ounce, reflecting a 0.03% increase from the previous day. Over the past week, gold has shown a solid 0.8% gain. From my perspective, gold has had a remarkable year, and while it is now...

Trader-Briannnn

GBPUSD is currently trading around 1.2705 and has not changed much since the start of the trading session. Early Tuesday morning, data released by the UK Office for National Statistics (ONS) showed that the ILO Unemployment Rate remained unchanged at 4.3% in the three months to October, as expected. During the period, Employment Change increased by 173,000, while...

Trader-Briannnn

Dear Friends, Let’s take a closer look and trade accordingly. From the chart, we are witnessing a promising setup as the price has successfully broken out of the consolidation phase, reaching the $2726 level. Theoretically, based on Elliott Wave Theory, the pair is currently moving within Wave 4, a corrective wave following the completion of Wave 3, which...

Trader-Briannnn Updated 

Hello, Amazing Friends of Brian! Let's Strategize for Today's Market! Gold continues to showcase its resilience today, with prices trending higher and currently hovering around the $2,700 mark, up 0.22% on the day. This movement reflects a growing appetite for the safe-haven metal amid mounting uncertainty in the Middle East and speculation about a potential rate...

Trader-Briannnn

The EUR/USD pair continues to trade below the 34 and 89 EMA levels, signaling a short-term bearish trend. Despite attempts at consolidation in recent sessions, the pair remains under pressure, weighed down by a stronger U.S. dollar, geopolitical uncertainty, and diverging monetary policies between the Federal Reserve (Fed) and the European Central Bank (ECB). The...

Trader-Briannnn Updated 

Dear friends, let's explore the gold price after yesterday's big move! Gold prices rebounded near a two-week high and received support from a combination of factors. Geopolitical risks continue to favor the safe-haven XAU/USD amid the Fed's December rate cut. The current technical setup looks bullish and supports the outlook for further gains... This rally is...