rTrader_official

rTrader_official

I have observed that the price has shown signs of expansion after breaking out of the 102.200 price zone. Taking into consideration the scenario for DXY, we have two potential outcomes. If the price continues to make expanding movements, it is likely to reach the 104 price zone. This suggests a bullish trend may be emerging. However, in the event that the price...

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After the Federal Reserve's pause in interest rates, XAU/USD is expected to remain in a consolidation zone. A false breakout confirms a lack of sustained momentum. Technically, the price is anticipated to move within the range of 1920 to 2000. Market participants are awaiting further catalysts for a potential breakout from the current consolidation area. " Buy...

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Fundamental Analysis: After the Federal Reserve's decision to pause interest rates in order to take a breather, the EUR/USD currency pair is poised for an interesting dynamic. On one hand, ECB remains hawkish in its approach, determined to push inflation further down towards its target. This hawkish stance by the ECB is likely to generate increased demand for the...

rTrader_official Updated 

This week holds significant implications for the value of the USD, with three distinct scenarios shaping its performance. Blue) Firstly, if the Federal Reserve decides to hold interest rates steady, it is anticipated that the USD may experience a decline in value within the market. This outcome is based on the expectation that a lack of rate increase would reduce...

rTrader_official Updated 

Summary of DXY: In the past, the US dollar index (DXY) experienced a growth spurt from expansionary monetary policy and rising interest rates, while bank failures eroded investor confidence and caused the dollar to fall in global markets. What will be the future of DXY in the market? Objective analysis of prevailing economic conditions is very important....

rTrader_official Updated 

<< Why should traders sometimes wait for a clever catch to avoid falling into a trap ? >> it's important to keep a close eye on economic indicators to inform investment decisions. The latest data on the US economy suggests a mixed picture. While some leading indicators such as PMI and durable goods are expanding, there are concerns about high interest rates...

rTrader_official

Fundamental Analysis: the fundamental analysis of GBP/AUD reveals that the United Kingdom (UK) is currently facing more economic difficulties compared to Australia. The UK has a lower monthly GDP growth rate, higher levels of inflation at 4.5% and 8.7%, a higher unemployment rate of 3.9%, and higher interest rates. These factors indicate that the UK is more...

rTrader_official Updated 

The DXY (US Dollar Index) is displaying a robust bullish structure that indicates a positive outlook for the US economy. The expanding economic conditions in the USA are contributing to this upward momentum. However, it is worth noting that the USD is currently approaching an overbought status in the market. This suggests that a retracement may be on the horizon...

rTrader_official Updated 

t is expected that the EURGBP currency pair will experience a decline due to the weaker economic conditions in the UK compared to the euro zone, characterized by higher inflation, lower GDP growth, and higher interest rates. From a technical standpoint, it is likely that the price will undergo a retracement towards 0.88 before initiating a move towards the...

rTrader_official Updated 

as we know that Japan's significant debt burden has been a cause for concern, resulting in a weakened currency. Moreover, the recent rise in inflation within Japan, coupled with the continued implementation of negative interest rates by the Bank of Japan and high taxes, has further intensified the challenges faced by investors. In light of these circumstances,...

rTrader_official Updated 

I observe that the price is currently forming a bearish structure. This indicates a downward trend in the market. Based on my analysis, I anticipate that the price will experience a retracement before eventually reaching my specified target zones. These target zones are set at 0.96, 0.95, and 0.92. These levels represent potential support areas where the price...

rTrader_official Updated 

Technical Analysis: The GBP/USD currency pair experienced a strong rejection at the 1.26 level due to USD strength, indicating a continuation of the bearish trend. A small correction may occur before the price resumes its downward movement. Traders should watch for bearish confirmation signals during the correction phase. Key support levels should be considered as...

rTrader_official Updated 

Technical analysis: The EUR/USD currency pair has recently broken below the key level of 1.09, indicating a potential continuation of the downward trend. However, a correction to retest the broken level is likely before further downside movement. Traders should monitor the price action around the nearest resistance at 1.09 for potential selling opportunities....

rTrader_official Updated 

Hey traders, I have been monitoring the NZD/CHF currency pair and have noticed a significant rejection on a major support level. Based on this rejection, I believe that there is a high probability that the price of NZD/CHF will continue to move upwards towards my target price, after a short retracement. Fundamentally, Switzerland's economy has been showing better...

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The analysis of XAU (gold) in light of the expanding US economy and the strengthening USD suggests that if the USD continues to grow, it may have a downward impact on XAU. Signs of economic expansion in the USA often lead to increased investor confidence in riskier assets, reducing the demand for safe-haven assets like gold. Additionally, a stronger USD makes gold...

rTrader_official Updated 

hey guys, I've been closely monitoring the movements of XAU and the US dollar, especially in light of the recent recession in the US economy. While the US economy is slowly regaining trust from the market, XAU is still considered a safe asset compared to the US dollar. Given the current inflationary environment, there is a low probability that the US dollar will...

rTrader_official Updated 

The XAU/USD is currently showing a lot of strength and is respecting the bullish trend that it has been on. Fundamentally, the demand for XAU is currently higher than the supply, which is being driven by a combination of factors such as DXY weakness, global events, and high inflation. Although there is an expanding demand potential for USD, it is still relatively...

rTrader_official Updated 

As you can see price respect the bullish Trend as well, I'm expecting that it should continue to goes up and reach to my Targets very soon. Targets:136, 137