Gold is a commodity and an global equivalent, tied to the fee of world currencies and different assets. The benefits of gold are that it's far to be had in restrained quantities, has business uses, and is used as a part of the gold and forex reserves of many vital banks. Unlike currencies and stocks, gold will in no way lose fee. On the contrary, due to the fact...
📣 Hello Mates! We have observed gold hovering between $2190 and $2160 for the last one to two days. The CPI news will determine whether the market goes up or down, but we believe that if gold does not break our resistance, the market will go down. Remember that this chart is based on the H4 timeframe, representing a long-term target that will not be completed...
Gold Analysis and Trading Plan: March 14, 2024 By PapaFinanceTalk _________________________________ Technical Analysis: - Gold Price Rebound: After yesterday's decline, gold price rebounded to the 61.8% Fibonacci retracement level at approximately 2177. - Fibonacci and Descending Triangle: This level coincides with the previous support zone of the Descending...
The perceptions of the fundamentals on Thursday could provide the incentive for buyers to continue pushing the S&P 500 to higher levels. The perceptions I'm talking about would be the markets point of view of future Fed interest-rate action.
In this morning's trading session, world gold prices fell more than 1%, after the US's hot inflation report dimmed the prospect that the US Federal Reserve (FED) would soon cut interest rates. World gold reversed and fell sharply after a series of high increases The Fed will enter a cycle of interest rate cuts and precious metals will be strongly...
In this morning`s buying and selling session, international gold costs fell extra than 1%, after the United States's warm inflation record dimmed the chance that the United States Federal Reserve (FED) could quickly reduce hobby rates. World gold reversed and fell sharply after a sequence of excessive increases The Fed will input a cycle of hobby price cuts and...
Exiting the world’s last negative rates, could the Japanese Yen see a significant reversal? Fundamental Key Points: 1. The Bank of Japan may exit its negative interest rate policy established since February 2016 in the coming months. 2. Given Japan's avoidance of a recession, core inflation rate (excluding food and energy prices) has been continuously above 2%...
💎 GLMR has made a significant breakthrough by successfully breaching the key supply zone area, indicating a bullish momentum in the market and suggesting a continuation of the upward movement. There's a possibility that GLMR will reach our target area in this scenario. 💎 However, if GLMR fails to maintain its position above the demand area and breaks down below...
COIN has been on an epic run. What goes up must come down as they say... but Bitcoin is at 73k tho bro. Just think of all the people who bought when it was at ~$50. A lot of institutional investment decided they were not going to miss out crypto this cycle and anticipated the run up. They are definitely going to take profits now that they are up almost 400% and...
Remember this US30 analysis I posted back in July calling for a new all time high?👀 This analysis worked out to perfection! Market is now up 5,990 PIPS (18% growth) from our POI😍 Whoever invested into US30 when this analysis was posted, you should all be up now & running in deep profits as we have breached new all time high's!
With the recent bearish news on NYSE:BA we can look for a support break at $200 and take it short. Boeing in showing weakness in al technical and fundamental indicators.
NYSE:SNAP always falls after earnings only to recover! we see bullish divergence on the RSI and a HUGE gap to fill overhead. Looking to play the bounce here with selling the $10/$11 puts.
At this point NVDA is unstoppable. It will not pull back until at least $500 - $520. But even at that point it could easily turn the top of this upward channel trend Into support and then we are looking at clear skies and smooth sailing until $1000. I mean why not? NVDA could easily demand a more than 2 trillion dollar market Cap. Especially considering when its...
With this weekly close XCAD will break through it's EMA and previous resistance, setting off the bull market frenzy. It isn't all in the charts. In February the last of the vested tokens from the IDO have been unlocked, meaning reduced inflation and less sell pressure. On the 27th of March, there is a huge announcement coming, a major partnership.
The Canadian Dollar (CAD) found some room on the upside at the midweek inflection point as investors await Thursday’s US Producer Price Index (PPI) and Retail Sales figures. The CAD continues to wrestle with the US Dollar (USD), but the Canadian Dollar is on pace to be one of the strongest performers this week as the only major currency entirely in the...
💎Paradisers, let's turn our attention to an enticing trading prospect with #PIXELUSDT, currently stationed at a pivotal support zone, suggesting a bullish turnaround may be on the horizon. 💎Examining the trajectory of #Pixels, we've observed a rebound from significant resistance. At this moment, the price is taking on a crucial resistance level. Surpassing this...
AUD/USD (Australian Dollar - US Dollar) is one of the most frequently-traded currency pairs in the world. The AUD/USD rate, as shown in the real-time price chart, tells traders how many US Dollars are needed to buy a single Australian Dollar. Follow the AUD/USD live with the interactive chart and read the latest forecast and AUD/USD news to boost your technical...
EUR/USD edges high amid soft US Dollar, central bank speculations The EUR/USD registered solid gains of 0.19% on Wednesday, courtesy of a softer US Dollar amidst high US Treasury bond yields. An absent economic docket in the US, left traders adrift to Eurozone economic data and ECB speakers. As the Thursday Asian session begins, the pair exchanges hands at...