Due to the hawkish remarks of Fed Chairman Powell, it may mean that the Fed will not only raise interest rates by 25 basis points at each of the next two meetings, but may also raise interest rates by 25 basis points at each of the next three meetings, or even 50 basis points. It is also possible.Gold fell sharply and fell below the 1820 line, and is currently...
Bitcoin, judging from the daily level, the current price as a whole remains within the range, but there are obvious signs of decline in the price operation, and it tries to break below 22,000 US dollars, forming a long shadow line.In terms of technical indicators, the opening of the Bollinger band is downward, while the short-term moving average is suppressed...
Fundamentals: On Tuesday (March 7), international oil prices tended to fluctuate.Previously, the UAE's withdrawal from the Organization of Petroleum Exporting Countries was proved to be untrue, and there was a need for technical correction after the surge in oil prices.And cautious investors are waiting for Fed Chairman Powell's upcoming testimony later this...
As mentioned in our article yesterday, as long as EUR/USD remains above 1.056, the bearish momentum is still limited, and once EUR/USD stabilizes above this position, the euro may point to 1.0650/60.The current exchange rate is 1.06482, which is fully in line with my expectations yesterday. On the fundamental side, more hawkish remarks made by several members of...
On Monday, gold surged higher and fell back as scheduled, indicating that there was obvious pressure above, and after Friday's close to the positive line, the momentum did not continue on Monday, indicating that the long and short began to oscillate in the region, waiting for non-farm payrolls guidance.This week's focus is on the news of Federal Reserve Chairman...
As of the update, the current price of BTC/USDT is US222,438, and the daily performance still shows a short trend, but the current price has been maintained at a small fluctuation, not quantified, this situation is much like just after an unusually intense exercise, you need to calm down.The current position of the daily line near 22500 is the key. If it can...
Today's market conditions are in line with my expectations yesterday. At present, the daily line is still rising. After the big rise broke the Bollinger Band on Friday, the technology is still performing strongly.Therefore, before the non-farm payrolls data affect the short-term direction of gold, I think gold will continue to fluctuate upward. For the...
Following the sharp rise in EUR/USD on Wednesday, EUR/USD turned down on Thursday and took back all the gains of the previous day.However, there was a rebound during Friday time, but the currency pair rebounded on Friday and broke through 1.0600. The trend of the euro reflects that the market situation is still relatively tangled at this stage. On Wednesday,...
Following the closing of the DOJI, gold maintained a strong rise on Friday and touched the 1855 line. It can be seen that the gold price has continued its strong rebound pattern since 1806, and with the support of the 5-day and 10-day moving average, it gives the market the possibility that gold will continue to rise in the future. The technical indicator MACD is...