DNA_BrianTrading

DNA_BrianTrading Updated 

Brian, hello everyone! So after a long period of discounting, EURUSD ended the session with a day of gains, currently trading at 1.5844. It can be seen on almost all timeframes that the EU is achieving significant increases, indicating a very positive outlook for price growth. With the EU continuing to trade steadily at this high level, there is a possibility...

DNA_BrianTrading Updated 

Brian greetings to all of you! Today, gold remains in a defensive position around the level of 1,822 - 1,823 USD after bouncing back from the weekly low of 1,813 USD in the early morning trading session. The precious metal is facing difficulties in increasing its price as the Federal Reserve is expected to maintain a 'higher interest rate stance in the long...

DNA_BrianTrading Updated 

Brian, hello everyone! Today, the EUR/USD pair is maintaining a positive trend in the early Asian trading session on Friday, trading at 1.0544. The weakness of the US dollar and the decrease in US Treasury yields provide some support for this currency pair. After reaching its lowest level in 10 months around 1.0450 on Tuesday, the EUR/USD exchange rate has...

DNA_BrianTrading Updated 

Brian greets you all! Today, due to the risk of important data, speculations that the Japanese government will intervene in the foreign exchange market to support the domestic currency may continue to act as a barrier to the USD/JPY pair. The Japanese Minister of Finance reiterated this week that currency exchange rates must move stably, reflecting fundamental...

DNA_BrianTrading Updated 

Brian says hello everyone! In the 1-hour Gold chart, there doesn't seem to be much change compared to yesterday. The current price continues to move sideways within the range of 1825 - 1828 USD and is currently at 1919 USD, a decrease of 0.05% for the day. Today, the market will receive news from the US Non-Farm Payrolls report. With such tension, gold may...

DNA_BrianTrading Updated 

Brian, hello everyone! Yesterday, the gold market witnessed some strong buying pressure as the latest report showed that the US labor market continues to show signs of cooling down, with significantly fewer private sector jobs created last month compared to expectations. Gold traded sideways around the $1825 mark, with a slight increase of $5.5 in early trading...

DNA_BrianTrading Updated 

Brian greets you all! Currently, USD/JPY is trading around the 149.00 level, facing strong selling pressure on Thursday. This currency pair is weighed down by the prolonged decline of the US dollar and the low interest rates of the US Treasury bonds. The risk of intervention from Japan also adds to the weight on this currency pair. However, on larger timeframes,...

DNA_BrianTrading Updated 

Brian, hello everyone! Gold prices today continue to trade at a low level of $1821, with little change compared to yesterday. The market seems to be in a calm state, with nothing yet able to hinder the strength of the USD and the US bond yields. The current environment remains unfavorable for gold prices. On the chart, the downward trend has been broken. Today,...

DNA_BrianTrading Updated 

Brian greets everyone! EURUSD is experiencing significant upward movement today, with the current price trading around the 1.052 level. There are indicators, such as RSI and EMA, that support the price increase. Maintaining a strong position above 1.045 will continue to present opportunities for EU to rise. The current support level is set at 1.050, with a...

DNA_BrianTrading Updated 

Brian greets everyone. Today, GBPUSD continues to trade at a low price, currently at 1.215. As seen on the 4-hour chart, it can be observed that GU is still moving below the EMA 34 line, indicating that the downward trend is not yet over. From the previous trend, it is clear that every time it touches the EMA 34 (YELLOW LINE), there will be a...

DNA_BrianTrading Updated 

Brian greets everyone! Today, the Relative Strength Index (RSI) in 14 days continues to indicate oversold levels, supporting the continuous rise in the price of Gold. Gold buyers are now targeting the resistance level, transitioning from the support level at $1,850. If the immediate resistance at $1,831 is breached, it could further fuel the recovery of Gold's...

DNA_BrianTrading Updated 

Brian, hello everyone! Today, the gold continues its streak of price reductions. Since slipping below the $1900 mark, gold has been steadily declining and is currently trading at $1818 with indications of approaching the $1800 price range. The increase in US bond yields and the rising value of the USD continue to pose a threat and exert pressure on precious...

DNA_BrianTrading Updated 

Brian greets everyone! On the 4-hour chart, the downward trend continues. After losing the upward momentum from the 1.221 level, GBPUSD has continued its decline. With the market appearing to be unfavorable and the tightening of Fed policies, GU has depreciated. The next target for further decline is seen at the 1.2000 level, which is a strong psychological...

DNA_BrianTrading Updated 

Hello everyone! Today, the Euro has made efforts to recover after hitting a new low in several months below 1.0450. The 4-hour chart shows a clear downward trend, although there is some short-term recovery. The outlook remains bearish as long as this currency pair stays below the 1.0640 level. And you? What do u think ?

DNA_BrianTrading Updated 

Brian hello everyone! As predicted yesterday, the price of gold continues to plummet into a deep pit. Public spending in the US is currently at record levels and the budget deficit is also very high. As a result, inflation will be high and interest rates will have to increase. The Federal Reserve (Fed) has signaled that it will continue to raise interest rates...

DNA_BrianTrading Updated 

Brian greets you all! Today, USDJPY continues to move in a positive trend, with prices steadily increasing. According to Brian, the current environment remains stable, allowing UJ to continue rising in the coming days, although there may still be some short-term price declines. On the other hand, the uptrend channel is functioning well, and with no signs of...

DNA_BrianTrading Updated 

Brian greets everyone! EUR continues its downward trend today after numerous recovery efforts, currently fluctuating within a narrow range of 1.057 - 1.047. By observing the 1D chart, we can easily see that the downward channel shows no signs of stopping, with price increases only occurring in the short term. Furthermore, the interest rates of US Treasury bonds...

DNA_BrianTrading Updated 

Brian says hello, everyone! The price of gold continues to decline today, currently trading at $1,822 per ounce, down $25 per ounce from earlier this morning. As of now, gold has reached its lowest level in 10 months due to the US dollar reaching its highest level in 10 months and the yield on US Treasury bonds rising to its highest level in 16 years. Despite a...