Willsonnnn

Willsonnnn

↘️ Strong influence from CPI news in the US session yesterday, when the announcement was very bad for USD, right after that Gold also had an increase but the main trend was still down so the sign of increase was still quite weak. Prices only swept to the highest area of 1970 and decreased immediately afterwards. ↘️ Looking into the past, we can see that before...

Willsonnnn Updated 

Hello guys, have a good day! Yesterday candlestick D closed one candle. Increasing pressure is above the 45 resistance zone. It is likely that this morning the 1 session will accumulate or distribute to continue following the downtrend. The following milestones need to be noted for effective trading. 🔵 support zone 𝟑𝟗- 𝟑𝟖: Yesterday's price mixed the...

Willsonnnn

The British pound has rallied during the trading session on Monday, reaching the top of the short-term consolidation region that we have been in. With this being the case, the market is likely to continue seeing more of a “buy on the dip” attitude as the interest rate differential between the 2 economies and currencies is big enough to warrant the “carry trade.”...

Willsonnnn

Hello guys, a good day! Intraday bias in EUR/USD stays neutral at this point. On the downside, break of 1.0655 minor support, and sustained trading below 55 4H EMA (now at 1.0664), will argue that the rebound from 1.0447 has completed with three waves up to 1.0755. That came after rejection by 1.0764 cluster resistance (38.2% retracement of 1.1274 to 1.0447 at...

Willsonnnn Updated 

EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...

Willsonnnn Updated 

It's Willson and useful stuff again 🚀🚀🚀 🔴 With news related to the Middle East having been absorbed and neutralized, it is possible that Gold will anchor at the 189x-196x mark for a while before there are strong fluctuations to the USD or from the Middle East only then. Gold just broke out strongly at one of the two ends. - Next week there will be news on CPI,...

Willsonnnn

The International Monetary Fund (IMF) has warned that China's weak recovery and the possibility of a prolonged real estate crisis could further impact Asia's economic outlook. The IMF has reduced its growth estimate for Asia in 2024 to 4.2%, down from the 4.4% forecast in April and the 4.6% forecast for this year, according to the Outlook report. World Economy...

Willsonnnn

Willson came to visit bro 😁 Today is a big day for the GBP. The market is expecting a rate hike of +0.25 % from 0.50% to 0.75%. The decision is an interest rate at which the BOE lends to financial institutions overnight. The hike seems to be priced in the market but according to the latest inflation and data, the hike might not be justified.

Willsonnnn

Willson came to visit bro 😁 The euro pared back its recent gains post-NFP with several US central bank speakers 'outperforming' their European Central Bank (ECB) counterparts. In particular, the Fed's Logan and Bowman emphasized the resilience of the US economy and the likely need for further interest rate hikes. In short, Fed officials will likely adopt a 'wait...

Willsonnnn Updated 

Despite the usual year-end cooling, the dollar's strength, underpinned by US macro performance and a hawkish stance from the Federal Reserve, is expected to continue. The dollar remains unaffected by the Treasury sell-off and rising long-term yield curve. High US interest rates and a disorganized rise in US yields are seen as factors that could further strengthen...

Willsonnnn

Willson came to visit bro 😁 Gold and silver have fallen over the past few weeks as the geopolitical advantage that built up in both metals following the Hamas terror attack on Israel early last month has begun to ease. This is because the situation in the Middle East, while still tragic, has not yet turned into a broader conflict involving other countries, such...

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Leading cryptocurrencies Bitcoin (BTC), Ethereum (ETH) and XRP are showing significant gains, according to data from CoinStats. Today, BTC was up 0.91%, trading at $35,171, with expectations of breaking the $35,612 resistance. If this level is surpassed, BTC is likely to reach $36,000 by the end of this week. On the other hand, ETH outperformed other...

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The global cryptocurrency market, valued at $1.33 trillion, saw overall growth of 0.46% last Wednesday, with altcoins gaining despite the value of Bitcoin falling slightly lower. $34,867.03 remaining. This is a significant divergence from Bitcoin's record high of $69,000 at the end of 2021. Total crypto market volume over the past 24 hours increased 3.40% to...

Willsonnnn

Because the interest rate difference between the US and Japan is still large, the sell-off of the yen in the market continues to accelerate despite the BOJ's decision to maintain loosening yield curve control.

Willsonnnn

The main stock indexes on Wall Street continued to extend their climbing streak, while US 10-year Treasury yields also increased as investors braced for speeches by at least nine officials. Federal Reserve (Fed) officials this week, including Fed Chairman Jerome Powell on November 9. According to CME FedWatch, traders are discounting a 90% chance that the Fed...

Willsonnnn Updated 

Hello traders, some news and events have occurred that have caused chaos in gold prices and scared you. Don't worry, I'm here to help you. Please follow and like me ❤️ America's crisis is gradually forming but leading officials are still trying to contain it. What about war? The war is gradually cooling down and starting to show signs of stopping. I predict gold...