AlselvSignals

AlselvSignals Updated 

Dear friends, as predicted yesterday, gold has rebounded as the slight weakness in the US dollar during the evening trading session has increased its appeal to buyers holding other currencies. Market news today: Currently, the market is awaiting the speech from the Chairman of the Federal Reserve to gain more insight into the future monetary policy path of the...

AlselvSignals Updated 

Dear friends, Gold has successfully broken free from the downward trend and is currently experiencing an impressive price increase. Currently, it is trading in the range of $1968-$1970, with a potential correction at $1953. Furthermore, the US consumer price index remained unchanged in October, and there are signs of a slowdown in underlying inflation. The CPI...

AlselvSignals Updated 

Currently, Gold is gradually recovering its trading below the resistance level of 1980 USD. At present, the precious metal is trading around the 1967 USD mark, marking a 7 USD increase in a day. It can be observed that after Gold formed its peak at 2005 USD and experienced a sharp decline, we call it wave 1 of the DOW theory. If wave 3 (the current wave) of the...

AlselvSignals

Dear friends, just like the EURUSD pair, GBPUSD is also searching for its support level. Therefore, it wouldn't be surprising if GBPUSD tests the 1.2300 level before any new upward momentum occurs. What are your thoughts? Do you agree with me?

AlselvSignals

Dear friends, as predicted yesterday, EURUSD is still searching for its recovery momentum. Currently, EURUSD is facing difficulties in price increase and trading below the resistance level of 1.0850. EURUSD has yet to find its recovery point, so it would not be surprising if EURUSD continues to decline in the short term, with an expected decrease to 1.0845. What...

AlselvSignals

Dear readers, as predicted yesterday, based on technical analysis, Gold seems to lack the momentum to increase in price. It has weakened from $1970 and is currently trading at $1957, struggling to break through the immediate resistance level at $1962. Therefore, it would not be surprising if gold sellers aim to profit from the expected decline to $1950 before any...

AlselvSignals Updated 

Hello everyone, today Alselv will write an article about the idea of price increase! We cannot deny that Bitcoin is rapidly increasing in price, but the possibility of a price decrease is still present. By observing the chart in the 4-hour time frame, we can see that the price has somewhat experienced a significant drop, as indicated by a candlestick formation...

AlselvSignals Updated 

The GBP/USD pair edges higher during the early Asian trading hours on Wednesday. The weakening of the US Dollar, backed by a fall in US Treasury bond yields, lends some support to GBP/USD. The major pair is trading around 1.2497, down 0.04% on the day.

AlselvSignals Updated 

The EUR/USD exchange rate has experienced a significant increase of about 200 pips due to a selling pressure on the US dollar triggered by the release of US consumer inflation data. This currency pair has recorded its largest daily gain in months and seems poised to continue its upward trend. Following the weakness of the US dollar after the US Consumer Price...

AlselvSignals Updated 

With the likelihood of the Fed reversing its monetary policy in 2024, the pressure on the USD is increasing. Gold prices are rising due to the tendency of oil prices to increase. In addition, there has been an increase in demand for precious metals recently, and it is forecasted to continue to rise during the upcoming peak consumption season for gold in...

AlselvSignals Updated 

Dear friends, we can see that the gold market has witnessed strong buying momentum over the past 2 weeks. Investor demand for safe haven assets has increased amidst tense developments in the Middle East. Gold prices have marked their third consecutive week of gains. Currently, Gold is facing resistance near $2,000 but has not encountered any difficulty in finding...

AlselvSignals Updated 

Dear friends, Gold continues to trade sluggishly around the $1995 mark, showing little change compared to yesterday's trading session. Market analysis: - The global precious metal is caught between escalating political tensions and expectations of interest rates ahead of the Federal Reserve's monetary policy meeting. However, we remain optimistic about this...

AlselvSignals Updated 

Dear friends, the price of gold at the beginning of the week is playing the role of a downward trend. Currently, it is trading at $1935, down $3 from the start of the trading session this morning. The Chairman of the Fed continues to support the strength of the USD and high bond yields. These are significant obstacles for gold. Due to the tightening bias of the...

AlselvSignals Updated 

Dear friends, Gold prices are currently experiencing a slight recovery since reaching $1937, an increase of $10 from yesterday's price. It is currently trading at $1947, breaking free from $1946 and reducing the selling pressure seen earlier in the day. If gold can maintain this price increase throughout the day, there is a possibility it could reach $1974. On...

AlselvSignals Updated 

The GBP/USD exchange rate is currently trading high at an immediate resistance level. Currently, the GBP/USD pair is facing slight pressure ahead of the release of UK employment data later today. There is an 80% possibility that the Fed will keep interest rates unchanged in December. In the event that safe-haven flows dominate the financial market, GBP/USD may...

AlselvSignals Updated 

Dear friends, USDJPY is approaching the sensitive level of 152.00, but still faces immediate resistance at 151.70. Stronger inflation data could convince the Fed to raise interest rates more in the December or January meeting to bring inflation back on target. Conversely, this could strengthen the US Dollar (USD) and act as a favorable catalyst for the USD/JPY...

AlselvSignals Updated 

Dear readers, in this week's trading session, the price is still trading sideways at 1.223 - 1.218 within a stable range on the 2-hour timeframe. Therefore, it is highly likely that the price will rebound in the long term, as the preliminary domestic gross product from the United Kingdom, which was released on Friday, is better than expected, along with the weaker...

AlselvSignals Updated 

Dear readers, Escaping the discount channel has resulted in an impressive price increase. At the time of writing, the cryptocurrency market is trading below the $30,000 barrier. The upward trend is strong as it consolidates at high levels with stable trading activity on a 2-hour timeframe. As a result, there is eager anticipation for SEC approval of proposed...