EURUSD is testing range resistance and forming a false breakout with further confirmation of the boundary. The bears are strong and are not letting the price beyond 1.0884 yet. On Thursday and Friday strong and important news are published. Traders are interested in US GDP and PCE. There is a high probability to see data that could be bullish for the dollar in...
Analysts say world gold prices dropped after an official of the US Federal Reserve (FED) commented on monetary policy. This person believes that high US interest rates will be kept stable, or even increased if necessary. Immediately, the currency market reacted. The USD increased in price compared to many other strong currencies, putting pressure on gold prices...
World gold prices turned down sharply with spot gold down 24 USD to 2,336.9 USD/ounce. Gold futures last traded at 2,336.9 USD/ounce, down 25.5 USD compared to yesterday morning. The recovery of the USD, rising bond yields and "hawkish" comments from US Federal Reserve (Fed) officials have weighed on sentiment in the gold market, while investors wait. Look...
World gold prices continued to increase with spot gold price at 10.2 USD increasing to 2,360.9 USD/ounce. Gold futures last traded at $2,362.40 an ounce, up $9.90 from the bright spot. The world's yellow metal continues to gain modestly, fueled by the weakening of the USD, while investors are still eagerly awaiting US emission data later this week for more...
In Silver Future, Next Target is the Trendline Top. And Breakout will confirm the Bullish Trend.
FX:AUDUSD is forming a false break of the range resistance, but the market continues to struggle between traders. The focus is on the risk zone, the breakout of which will send the price flying downwards. The trend is neutral, after a long-range retest of 0.66676 resistance a false breakdown is formed and the buyer has no potential to go up. A retest of the...
FX:EURUSD is forming a correction after a false breakdown. The movement is formed after updating the local highs. The fundamental background for the currency pair is positive. The false breakout occurs against the resistance at 1.0885, as well as the rising line limiting the trend. If the fundamental background persists, in this case the correction will not...
FX:NZDUSD is entering the consolidation phase after breaking the local trend resistance. On D1 the price enters a new range and on H1 a golden cross is formed. The dollar is standing still and losing positions since the opening of the session on the background of negative news. This is generally favorable for the currency pair. In this case, a retest of the...
NYSE:CHWY has been in the dog pound and nearing all-time lows. With a generation of single millennials adopting furry friends for some much-needed companionship, Chewy is bound to have its day in the sun (Ayyy don't kill the messenger just observation 🤣 ) At this discounted price, I'd say Chewy is a real diamond in the ruff, and it's only a matter of time before...
www.tradingview.com GOLD maintains a bearish stance. The price appears to be exiting the corrective phase that ensued following an unconfirmed breach of support. The market seems poised for a further decline. On the 1-hour chart, XAUUSD has broken below the trendline and is positioned beneath the 50 and 100 Moving Averages. The Momentum oscillator has crossed...
The Gold fundamentals are negative and as long as price is trading under the 2365-2358 resistance zone. There is still a high probability of a high selling pressure happening. The GOLD fundamentals are still negative with the FED likely to CUT INTEREST rate and the pending inflation data. Resistance : 2358 - 2365 Support 1 : 2335 Support 2 : 2305
World gold prices today (May 29) increased in the context of a weakening USD, while investors are still waiting for US inflation data later this week to judge when the Fed will cut interest rates. . The US Dollar Index fell 0.1% to its lowest in more than a week, making gold cheaper for holders of other currencies. Investors will monitor the US core personal...
FX:XAUUSD after a false breakdown of the support of the range is forming a correction, but within the upward consolidation channel. The fundamental background is still negative. There is no strong news in the next two days, so the fundamental background remains the same. There is no strong buyer on the market yet and thus, gold may continue its downward...
I hope you all are doing well and navigating the crypto market with the best strategies that are possible for you. This update is for STEEMUSDT. STEEMS seems on interesting zone which allows the possibility high for a new break. STEEM seems to be at an important key level, where it has a high chance of breaking in the coming time. We will follow this coin...
Today's gold price is trading at 2,352 USD/ounce, a sharp increase of 18 USD compared to the previous day's opening price of 2,334 USD/ounce. World gold prices fluctuated in the context of data from the Commodity Futures Trading Commission (CFTC - US) showing that gold investment funds increased their buying positions by 194,000 contracts. This information can...
World gold prices increased with spot gold increasing by 15 USD to 2,350.7 USD/ounce. Gold futures last traded at 2,352.5 USD/ounce, up 18 USD compared to yesterday morning. World yellow metal prices increased slightly at the beginning of the week as investors expected an important inflation report released this weekend that would change the US Federal Reserve's...
I hope you all are doing well and navigating the crypto market with your best strategies that are possible. This update is for MAPOUSDT. This coin seems to be new on some exchanges and can be high risk for the short term and 100% risky when users trade and invest with not a plan. MAPO seems to be at an important key level, where it has a high chance of...
Hi Traders, I hope you all are doing well and navigating the crypto market with your best strategies. This update is for MTLUSDT. MTL is looking interesting over the next time frames and may show increased volume. That's why we're keeping an eye on this coin. $2.00 is a key confirmation zone. If the coin breaks this level, there's a high chance it could...