rTrader_official

rTrader_official

Technical Analysis: s you can see, the price experienced a huge drop due to the DXY's decline, as reported by SVB news, which made XAU stronger in terms of demand. I believe that after a small retracement, the price should reach my target Targets:1900.1918,1947 "Don't forget to like" . . . . . . "Thanks for giving your time to read my article."

rTrader_official

Fundamental Analysis: Whilst the UK's GDP grew marginally by 0.3%, falling short of expectations, the country's 10.1% inflation and 3.70% unemployment rates continue to pose challenges. In contrast, the United States has experienced stronger GDP growth, lower inflation at 6.4%, lower unemployment at 3.60%, and higher interest rates, signaling a stronger economic...

rTrader_official

Fundamental analysis: Despite Eurozone experiencing a high inflation rate of 8.5% and unemployment rate of 6.7%, the European Central Bank remains hawkish, while the United States economy, with its 2.7% GDP growth, 6.4% inflation rate, 3.60% unemployment rate, and 4.75% interest rates, continues to outperform the Eurozone, which could lead to an increased demand...

rTrader_official Updated 

Fundamental Analysis: When comparing the economic indicators of the USA and the United Kingdom (UK), it is evident that the USD remains stronger than the GBP. The USA's GDP Growth Rate stands at a robust 2.7%, while the UK's GDP Growth Rate is stagnant at 0.00%. Inflation rates in the UK are alarmingly high at 10.10%, while the USA stands at a comparatively lower...

rTrader_official

As a financial trader, my analysis suggests that the US Dollar Index (DXY) remains bullish, even amidst rising inflation and interest rates by the Fed, due to the positive signals from leading economic indicators. While high inflation and rising interest rates may initially cause investors to seek out safe assets, such as gold, the positive signals from leading...

rTrader_official

a summary of XAU Fundamental: I have been closely monitoring the movement of the gold market, and my analysis suggests that the price of XAU is continuing its downward trend due to several factors, including rising interest rates by the Federal Reserve (Fed). One of the primary reasons for the decline is the inverse relationship between gold and interest rates....

rTrader_official

Fundamental Analysis: when analyzing currency pairs like USD/JPY. When comparing the economic indicators of the USA and Japan (JPY), it is evident that the USD remains stronger than the JPY. The USA's GDP Growth Rate is a healthy 2.7%, while the JPY GDP Growth Rate is relatively low at 0.2%. The inflation rate in Japan stands at 4.3%, while the USA stands at a...

rTrader_official

Fundamental Analysis: it is imperative to keep a close eye on the fundamental economic indicators of the currencies being traded. When analyzing the economic indicators of the USA and EUR, some notable differences become apparent. Firstly, the USA's GDP Growth Rate is at a healthy 2.7%, while the EUR is lagging behind at a mere 0.1%. Additionally, inflation rates...

rTrader_official Updated 

After a significant drop in price last week, XAU has reached one of my previously set targets. Based on current market analysis, I believe that XAU may continue to trade within a range and potentially move upwards towards the 1870 level before any further bearish signals are confirmed. However, it is important to note that market conditions can change quickly,...

rTrader_official

Fundamental analysis: The UK is currently experiencing challenging economic conditions characterized by high inflation at 9.2% and unemployment rising to 3.7%. In addition, the rate of domestic production has decreased by -0.3%, which indicates a decrease in overall economic growth. However, this trend may be reversed through a combination of measures, including...

rTrader_official

Fundamental Analysis: With the recent dovish signals from the European Central Bank , it can be observed that the financial policy is being reevaluated to increase the interest rate with the aim of preserving the growth of the Gross Domestic Product and promoting employment within the European economy during these challenging times. Europe is striving towards a...

rTrader_official

Fundamental analysis: The United States federal government is taking steps to secure the stability of the inflation rate by agreeing to raise interest rates in response to the decrease in inflation observed in recent months. This has led to a substantial increase in the growth index of non-agricultural employment, which bodes well for the growth of the country's...

rTrader_official

Fundamental Analysis: The recent monetary policy decisions, such as the increase in interest rates, have a significant impact on the direction of the XAU market. According to one view, the bearish trend is expected to continue due to the effects of these monetary policy changes on supply and demand dynamics. However, another perspective suggests that XAU may be...

rTrader_official

Fundamental Analysis: The performance of the Japanese economy has been impressive, with an inflation rate of 4% and an unemployment rate of 2.5%. BOJ has implemented monetary policy changes without increasing interest rates, leading to growth in Japan's exports to other countries. With a negative interest rate and a strong demand for hard goods, Japan's export...

rTrader_official

Fundamental analysis: The UK is currently experiencing challenging economic conditions characterized by high inflation at 9.2% and unemployment rising to 3.7%. In addition, the rate of domestic production has decreased by -0.3%, which indicates a decrease in overall economic growth. However, this trend may be reversed through a combination of measures, including...

rTrader_official

Fundamental Analysis: With the recent dovish signals from the European Central Bank , it can be observed that the financial policy is being reevaluated to increase the interest rate with the aim of preserving the growth of the Gross Domestic Product and promoting employment within the European economy during these challenging times. Europe is striving towards a...

rTrader_official

I have observed that following the recent alteration in the monetary policy by the ECB,demand for the USD has shown a resurgence. Based on my analysis, it is likely that the price of the currency will continue to escalate, following a breakout from the accumulation area. This potential scenario could materialize in the upcoming week. Targets: 105,106.107... so on

rTrader_official Updated 

reason: DXY should start to rise on near the strong support, all major currencies are ready to drop by DXY rising, Technically: price can make a HH (1.22) and then start to drop, any strong confirmation can be a rejection of price movements target:1.19 target:1.18 target:1.16 . . . WHAT DO YOU THINK ABOUT PRICE ACTION? PEASE LEAVE YOUR IDEA AS COMMENTS BELOW