RalphBenjaminTrading

RalphBenjaminTrading Updated 

Hello everyone, let's discuss and strategize for the new week! Overall, in the past week, we have witnessed gold continuously outperforming, reaching new daily highs and reaching its all-time high near $2200. XAUUSD is currently trading at a new high of $2179 after hitting $2195, marking a 0.88% increase in a day. So, what are the reasons and factors that have...

RalphBenjaminTrading Updated 

Hello everyone, let's discuss and plan our strategy for the new day! In general, USDJPY has experienced significant price fluctuations, reaching around 150.89 and consistently trading sideways around 149.00. Currently, the price has quickly surpassed 149.00, trading at 147.81, marking a 0.15 decrease for the day. Latest information on USDJPY: The USD/JPY pair...

RalphBenjaminTrading Updated 

Hello everyone, let's discuss and come up with the latest strategy from the XAUUSD chart! Overall, the price has been consistently rising in the market, aiming for new highs of the day despite profit-taking at high levels. Currently, it is trading around $2156 after reaching $2161, highlighting a 0.39% increase for the day. So, what are the reasons and factors...

RalphBenjaminTrading Updated 

Hello everyone, let's discuss our strategy for the new day! Overall, XAUUSD has experienced a significant price increase yesterday, surpassing the resistance levels of 2050 USD and 2070 USD. It is currently trading at a new high of 2082 USD, after reaching a milestone of 2088 USD, marking a new closing high for the week at 2082 USD. So, what are the reasons and...

RalphBenjaminTrading Updated 

Hello everyone, let's explore the price of gold and our strategy for the new day! In general, GBPUSD has experienced a significant increase, surpassing the daily low of 1.2690. It is currently trading around the new high of 1.2732, after reaching a milestone of 1.761, marking a 0.03% increase for the day. So, what are the reasons and factors that have driven this...

RalphBenjaminTrading Updated 

Hello everyone, let's come up with a new strategy for the day! In general, EURUSD experienced a strong price recovery last week, completely surpassing the level of 1.0820. It is currently trading at a new high of 1.0843, after reaching the milestone of 1.0850, marking a 0.05% increase for the day. So, what are the reasons and factors that have driven this...

RalphBenjaminTrading Updated 

Hello everyone, let's discuss and plan our strategy for the new day! Today, XAUUSD continues to receive support from the EMA 34. The price has experienced a strong volatility, breaking away from the psychological level of $2080. So, what are the reasons and factors driving this yellow metal? In terms of influencing factors, the price of gold has been supported...

RalphBenjaminTrading Updated 

Hello everyone, let's discuss and come up with our new strategy for the day! Overall, GBPUSD has experienced significant volatility, surpassing the 1.2755 level. It is currently trading at a new high of 1.2807, after reaching a peak of 1.2820, marking a 0.01% decline for the day. GBPUSD information: The GBP/USD pair has held steady above the psychological...

RalphBenjaminTrading Updated 

Hello everyone, let's discuss and come up with our strategy for the new day! In general, USDJPY has experienced a significant decline, dropping below the 148.48 level after reaching 150.88, marking a 0.6% decrease for the day. So what are the reasons and factors impacting this currency pair? Regarding the influencing factors: The USD/JPY pair sharply declined to...

RalphBenjaminTrading Updated 

Today, the EURUSD continues to trade in an upward trend. Currently, the absence of significant catalysts on Tuesday has had little impact on the direction of this currency pair, especially after the US Durable Goods Orders for January declined more than expected. The market's focus is now on the release of the latest US Gross Domestic Product (GDP) data later...

RalphBenjaminTrading Updated 

Hello everyone, let's discuss the strategy for this week and our new day! It can be observed that XAUUSD has experienced a significant increase in price yesterday, surpassing the $2055 mark. It is currently trading at a new high of $2081, after reaching the milestone of $2088. So what is the reason that drives up the price of gold? Regarding the influencing...

RalphBenjaminTrading Updated 

Currently, USD/JPY is trading around the level of 150.71, marking a 0.15% increase for the day. The USD/JPY pair is heading towards the key resistance level of 151.00 in early New York trading. This asset maintains strength amidst uncertainty filled with data. This week, investors will focus on the core personal consumption expenditure (PCE) price index data for...

RalphBenjaminTrading Updated 

Hello, my amazing friends! Recently, USDJPY has been struggling to maintain its upward momentum towards the target of 151.00. Its upward movement has been hindered by various factors, including speculation that the Japanese government will intervene to prevent any further weakening of the JPY, which could limit the upside. In the short term, the 4-hour chart...

RalphBenjaminTrading Updated 

Hello everyone, let's come up with our new strategy for the day! Overall, EURUSD has experienced a significant price increase, breaking free from the short-term downtrend at 1.0857. It is currently trading at a new high of 1.0897, after reaching a level of 1.0915, marking a 0.01% decrease for the day. So, what are the reasons and factors that have caused the...

RalphBenjaminTrading Updated 

Hello everyone, let's plan our new day's strategy together! In general, XAUUSD experienced a strong price increase at the end of last week's trading session, specifically breaking through the $2130 mark in the short term. It is currently trading at a new high of $2145, after reaching $2152, marking a 0.1% decrease for the day. So, what are the reasons and factors...

RalphBenjaminTrading Updated 

Dear readers, today GBPUSD continues to trade in an upward trend. Currently, after a mixed trading session, the major indices of Wall Street have gained momentum and recorded strong increases on Friday. Meanwhile, the benchmark 10-year US Treasury bond yield has dropped to 4.2% before the weekend, making it difficult for the US Dollar (USD) to remain resilient...

RalphBenjaminTrading Updated 

Hello everyone, let's explore gold as we start the new trading week. Join me in discussing today's strategy! Looking back at the previous weekend, gold has proven its strength with a remarkable breakout, completely surpassing $2035 and breaking through the resistance level of $2050. Currently, it is trading at a new high of $2084 after reaching $2088, marking a...

RalphBenjaminTrading Updated 

Hello dear friends! Today, USD/JPY continues to trade within a range and there hasn't been much volatility compared to the beginning of the week. Currently, the downward trend persists, although there has been a slight price adjustment at 150.06, marking a 0.06% increase for the day. So, what are the reasons and factors that have driven this currency pair? In...