I have identified a bullish engulfing pattern on the BILI daily chart. This pattern is considered a bullish reversal signal, based on this pattern, I believe that BILI may be ready to move higher in the short-term.
The spot price of gold (XAU/USD) soared last night to more than 2,328 USD/ounce after Fed Chairman Jerome Powell spoke. Mr. Powell affirmed that cutting interest rates now is inappropriate until inflation shows clear signs of returning to the 2% target. He also added that this year's inflation data is "not convincing enough" to change the Fed's stance. The DXY...
The spot charge of gold (XAU/USD) soared remaining night time to extra than 2,328 USD/ounce after Fed Chairman Jerome Powell spoke. Mr. Powell affirmed that slicing hobby charges now could be irrelevant till inflation indicates clean symptoms and symptoms of returning to the 2% target. He additionally brought that this year`s inflation statistics is "now no longer...
According to analysts, withinside the quick term, the truth that americaA Federal Reserve (Fed) has now no longer reduced hobby charges will boom the price of the USD, thereby inflicting gold to greater or much less go through positive pressures. However, withinside the medium and lengthy term, gold is forecast to boom in an surroundings of excessive inflation...
EUR/USD witnessed a significant rebound on Thursday, returning to the upper end of recent consolidation above the 1.0700 level as market sentiment stabilized ahead of another US Nonfarm Payrolls Friday. The pair faces initial resistance at the weekly high of 1.0750, followed by key levels such as the 200-day SMA at 1.0798 and the April peak of 1.0880. On the...
The greenback continues to weaken but gold is not really benefiting Gold price is currently quite calm around the 2,305 USD mark. Optimistic market sentiment, falling US government bond yields and a weakening USD are the factors that are having the main impact on this precious metal. Investors are continuing to evaluate Chairman Jerome Powell's comments on...
Hey team, Hope you are Enjoying our ideas and Analysis, Today we are Monitoring XAUUSD Looking for Bearish OB Around 2306-2308 For a Short Term We Can Sell That Otherwise It will Go Up Next Support level
The Bitcoin chart is currently exhibiting a bullish flag pattern, indicating a potential continuation of the uptrend. Although the price briefly broke below the support level, it has since recovered and returned to the support zone. This price action suggests that the earlier breakdown was a false signal, as evidenced by the chart. My analysis indicates that this...
The dollar index and dollar index futures were both steady in Asian trading after falling 0.6% in overnight trading. Pressure on the USD comes from a strong yen, while Fed Chairman Jerome Powell reiterated that the bank will not raise interest rates further. However, the outlook for the dollar remains upbeat thanks to the prospect of a Fed rate cut being pushed...
The Japanese yen steadied on Friday, with USDJPY hitting a three-week low after a sharp drop this week that traders largely attributed to government intervention.
EURUSD: The EUR nowadays did now no longer decline however as a substitute is shifting up close to the 1.0740 resistance region. This is because of the weakening of the USD. Currently, due to the fact DXY is damaged and is possibly to maintain to weaken, nowadays`s model ace can pay interest to NONFARM. It is anticipated that EURUSD will possibly retest across the...
World gold costs are generally calculated in USD; Therefore, whilst the USD charge is going up, the gold charge generally is going down. However, recently, this not exists as a rule. Many instances whilst the USD charge is going up, the DXY index is going up however the gold charge nonetheless is going up. This approach that, similarly to the effect among the USD...
The gold market is getting some new bullish momentum. Gold prices are expected to continue to rise even if the US Federal Reserve (FED) delays the comfort cycle. Despite recent selling pressure, Goldman Sachs still forecasts that gold prices will increase sharply. This unit finds that gold can maintain growth even if the Fed delays the comfort cycle. Nicholas...
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World gold prices decreased amid an increase in the USD index. Recorded at 5:00 p.m. on May 2, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 105,665 points (up 0.04%). World gold prices soared and then quickly decreased after the US Federal Reserve (FED) kept interest rates unchanged and took a less tough attitude....
XAU/USD has met the minimum requirement to complete a bearish "Measured Move" pattern after reaching the 0.618 Fibonacci level of wave C at $2,286. This means that gold prices will likely go up in the near future. This pattern is made up of three waves in a zig-zag pattern. The end of wave C, which is also the final wave, can be estimated based on the length of...
Company is almost debt free New Products During FY22, the Co launched six new tractor variants under the Powerhouse series with improved power, fuel efficiency, application suitability and lower maintenance features. Under the railways equipments vertical, the Co launched Emergency pull box, Coupler (Rev # 3) and Metro Dampers (Chennai Metro). Focus The...
Raymond Realty The company started phase 1 of the real estate business in Feb 2019.It has planned development of 20 acres of residential development − Phase 1: ~14 acres of development Total 10 towers with ~2.7 mn sq. ft of saleable area Total units planned for sale: 2,976. Cumulative bookings of 1,173 units till Dec-20 The company received ~Rs.1610 crs as...