Recent trend in the price of gold: The price of gold has seen strong gains up to a historical peak reached on Monday. This suggests a bullish momentum in the short term. Factors influencing the price of gold: Federal Reserve monetary policy expectations: Expectations that the Fed may delay interest rate cuts are limiting further gains in gold. This could be due...
The pound started the week with a slight bullish tone against the US dollar. This increase was favored by a slightly weaker dollar, accompanied by a moderate risk appetite in the market. This scenario allowed the pair to extend its recovery from the lows recorded after the Nonfarm Payrolls (NFP) report, bringing it back towards the 1.2600 level. Positive...
The EUR/USD plunged after the hotter-than-expected CPI, as traders reevaluated the odds of a Fed rate cut in June. EUR/USD has now perhaps broken out of the range of its significant Simple Moving Averages. Now we might get another pushdown in the lead up to or after the ECB interest rate decision tomorrow. The April 2 swing low of 1.07245 may prove pivotal....
The buying pressure in the Greenback keeps gathering pace and forces EUR/USD to recede further, opening the door to a potential visit to the 1.0700 neighbourhood. EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most...
As the EUR/USD opens Monday's session with an initial pushdown to 1.08280, the forex market reflects on the recent Nonfarm Payrolls (NFP) report. With the economy adding a robust 303,000 jobs in March, surpassing expectations, investors are recalibrating their forecasts regarding the Federal Reserve's (Fed) interest rate policy. This unexpected surge in job...
The recent release of the US Nonfarm Payrolls report for March has sparked significant movements in the EUR/USD currency pair, with implications for traders and investors worldwide. This article provides a comprehensive analysis of the key factors driving these fluctuations and offers insights into potential future trends in the forex market. US Nonfarm Payrolls...
Hello,Traders! EUR-USD is falling down Sharply but a strong horizontal Support is blow at 1.07058 from Where I will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The EurUsd Monthly candle is bullish to begin the 2nd quarter and after the first week of Aprils trading. The weekly candle closed bullish as price rejected our key weekly support level 1.0771. The candle left a 40 pips top wick for this weeks candle to go fill in bullish momentum. However, we observed a shooting star candle on Thursday that closed below our...
As we enter the 5th trading session of the week, The monthly candle and weekly candles are still bullish. The Daily candle closed bullish to begin the week(Monday) and it appears that the market has possibly priced in the not-so-great data forecasted to be released on Wednesday. The Euro went up on a Monday with inflation forecasted to increase for the USD on...
Welcome back! Let me know your thoughts in the comments! ** EURUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
EURUSD price is in the support zone 1.07242 if the price cannot break through. It is expected that there is a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
My dear subscribers, My technical analysis for EURUSD is below: The price is coiling around a solid key level - 1.0764 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.0806 About Used Indicators: By the very nature of the supertrend...
My dear subscribers, My technical analysis for EURUSD is below: The price is coiling around a solid key level - 1.0854 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.0807 My Stop Loss - 1.0881 About Used Indicators: By the very...
EURUSD price is near the 1.08725 resistance zone if the price fails to break through. It is expected that in the short term there is a chance that the price will go down. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
By checking the gold chart in the weekly time frame, we see that the price is trading in the range of $2348, today we will have the CPI statistics, and if the actual rate is announced higher than the predicted rate, we can expect a fall in gold. I still don't see any signs of price reversal on the chart and I think we should wait for more powerful movements to...
NYSE:ASR UPDATE NYSE:ASR is exactly on the way as predicted already 60%+ gain so far. This hitted our main target. Already cashing this in VIP room. Still getting a good volume. ✍ #ASR #ASRUSDT #ASRBTC #CRYPTO #SIGNALS #BNB #SOL
LSE:ATM UPDATE LSE:ATM is above the main support level. And getting a good volume. We can see gain here upto 60%+ soon✍ #ATM #ATMUSDT #ATMBTC #CRYPTO #BNB #SIGNALS
Take a look at our analysis for EURUSD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.086. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...