xauusd is moving so deep down after various FED talks Gold slumps amid strong US Dollar, high US Treasury yields Gold prices slump on Wednesday amid rising US Treasury yields, boosting demand for the Greenback due to hawkish comments by a Federal Reserve (Fed) official. our recent analysis founds 2330-2328 is a strong support area and 2344 act as major pivot...
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Hello everyone! Today is May 30, 2024, and the gold market is experiencing some exciting fluctuations. Let's take a look at today's gold price situation! Today's gold prices have seen several fluctuations due to the rise in the USD, making gold more expensive for buyers using other currencies. The 10-year U.S. Treasury yield has also risen to its highest level in...
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AUCTIONUSDT(AUCTION) Daily timeframe range. this thing got based PA and range level. pretty easy money if one can utilize the level trade either side. its failed to close over 27.03 once, trying again today. if it can get a clean close over 27.03 than 35.21 is open to visit.
Gold prices are currently facing fresh selling pressure around $2,330, extending the earlier decline seen on Thursday morning. The continuous rise of the US dollar has put downward pressure on gold prices. Investors are eagerly awaiting a series of new economic data from the United States and several speeches from Federal Reserve policymakers, hoping to glean new...
Hello everyone, Brian here! What are your thoughts on the gold price today? Gold is continuing its downward trend after completing a correction phase. Currently, it is trading around $2329 and is experiencing a significant decline due to the rising U.S. Treasury bond yields and a stronger Dollar following last evening. Additionally, the upcoming PCE report this...
Gold prices have broken the support level around $2,335, where the rising trendline intersects the 38.2% Fibonacci retracement level of the March-May rally. Combined with higher-than-average trading volume will be a signal for change. Many traders are selling gold and the bearish trend may continue. In the event that XAU/USD plummets below $2,335, the 50-day SMA...
Hello everyone, Brian here! Today, GBPUSD is trading around 1.69, continuing its decline from yesterday. In the short term, this currency pair is forming a cup and handle pattern, suggesting a continued preference for selling. My target is 1.263. What about you? Share your thoughts and ideas for GBPUSD in the comments!
Hello everyone, Brian here! What do you think about the future trend of EURUSD? Looking at the 4-hour chart, EURUSD continues to be under pressure in a downtrend. This currency pair is under the control of the bears, with strong selling pressure since last evening. EURUSD has broken through several key support levels, the most recent being the psychological...
USDJPY is in the process of forming the head and shoulders, I still expect the price to reach 156.67 again!
Despite the broad weakening of the US dollar on Monday, the Yen struggled to find solid footing, causing the USD/JPY exchange rate to fluctuate below the 157.00 mark. However, the USD has been steadily appreciating against the beleaguered JPY. While the pair is currently moving within a descending wedge, the technical outlook suggests a potential rise to higher...
My dear subscribers, My technical analysis for EURJPY is below: The price is coiling around a solid key level - 169.80 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 170.35 About Used Indicators: By the very nature of the supertrend...
My dear subscribers, This is my opinion on the GBPNZD next move: The instrument tests an important psychological level 2.0729 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2.0788 My Stop Loss - 2.0687 About Used Indicators: On...
My dear followers, This is my opinion on the EURAUD next move: The asset is approaching an important pivot point 1.6320 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.6346 About Used Indicators: For more efficient signals,...
Hi guys, this is my overview for XAUUSD. Gold prices are exhibiting a slight upward trend this morning. Global gold prices have increased by 0.16% compared to yesterday, reaching $2,342.52/ounce. The primary drivers behind this price increase are concerns over high inflation and geopolitical tensions. However, the upward momentum of gold prices could be...
XAUUSD Analysis(15M TF) Price Rejected 4 hour Bullish FVG at the 2340.98 level. BUY/SELL SCENARIOS: 🟢BUYS: Price Rejects the 2341.43 level and creates a 5 minute CHOCH to continue higher, targeting 2356 level. 🔴SELLS: Price Dumps below the 2340.02 level with a body candle close. If this happens, Bearish CHOCH forms, indicating selling Pressure > Buying...
This week, the primary factor influencing the Euro's price action will be the preliminary inflation data for the Eurozone for May, set to be released on Friday. This inflation data will offer fresh signals on whether the ECB will extend its rate cut policy into July. Before that, investors will be closely watching Germany's preliminary inflation figures for May,...