Gold consolidates below $2,300 after record-setting upsurge Gold stays in a consolidation phase and trades below $2,290 after reaching a new record-high above $2,300 earlier in the day. The benchmark 10-year US Treasury bond yield holds steady above 4.3% ahead of Fedspeak, limiting XAU/USD's upside. Gold has been considered a highly valuable commodity for...
Xauusd Under This Ascending Triangle We Have Best Buying Opportunity Around 2160 To 2155 Don't This Opportunity And Take Profit Tp 2189 To Tp 2230+ Don't Miss More Updates About Gold Stay Tuned
#XAUUSD (UPDATE ) Looking For Buy Setup| Long 🔥 Hey team, Hope you are Enjoying our ideas and Analysis, Today in Trading Session we are monitoring XAUUSD for a Buying Opportunity Around 2047, One More Buy Limit 2045 , Once we will receive any Bullish Conformation the Trade Will be Excuted Good Luck 🤞🔥🚀💪
Gold Is Bullish We Have Best Buying Opportunity Around 2116 To 2110 After Break 2110 Level Minimum H1 Time Frame Closing Important For Sell Entry Otherwise Best Buying Opportunity 2116 To 2110 For More Updates Stay Tuned
EUR/USD remains in a disadvantaged position and trades slightly below 1.0900 in the American session. The EUR/USD pair records modest intraday gains and has even reached a new four-day high at 1.0909. EUR/USD moves uneventfully just below the 1.0900 mark on Monday, confined to a limited range. The absence of relevant macroeconomic news and first-tier events...
The gold market continues to consolidate in a narrow range as investors swing back and forth on the timing of the Federal Reserve's interest rate cuts this year.
The West Texas Intermediate (WTI) price stands at around $72.70 per barrel during Thursday's Asian session, highlighting an upward trend supported by optimism generated by the Organization of the Petroleum Exporting Countries (OPEC). OPEC's monthly report anticipates robust growth in oil demand for 2024 and 2025, forecasting an increase of 2.25 million barrels per...
Analyzing the USD/JPY pair, I observe that it is consolidating losses below the 144.00 level. The Japanese Yen (JPY) has gained traction following softer-than-expected Tokyo inflation data, strengthening expectations of a more hawkish approach by the Bank of Japan (BoJ) and widening the monetary policy divergence between the BoJ and the U.S. Federal Reserve (Fed)....
On 24th Nov, Friday, or 27th Nov, Monday, gold will create a low at 1924 and change the market to buy. Also, on 27th Nov, it's a full moon, so we are expecting a change of trend from 24th Nov or 27th Nov. The market will create a major low, and on 12th Dec, gold will create a high of 1998, and the trend will change to sell. Let's see how the market will respect...
The EUR/USD currency pair continues to experience downward pressure, remaining below the 1.0550 level during the American trading session on Thursday. This is due to the sustained strength of the USD, which is impacting the pair following the latest US data release. The data showed that the annual Consumer Price Index (CPI) inflation in the US remained steady at...
TVC:GOLD fell to near 7-month lows Thursday as traders pushed the yellow toward mid $1,800 levels in a decisive break from the $1,900-an-ounce support decimated in the prior session. Gold’s collapse below the $1,900 level has opened the door for technical selling towards the $1,870 region,” added Moya. :”If global bond yields are heading higher despite...
On EURUSD, we have a bearish setup supported by a strong H1 trendline which started this morning after a price retracement following yesterday's negative news from the Eurozone. I've highlighted a yellow area where the price could retrace before pushing lower again. Of course, I haven't entered the trade since we will have US Dollar data in a few minutes, and I...
On EUR/USD, we have a bullish setup with the price showing initial signs of weakness around the 1.0895 level. In fact, after testing the descending trendline twice on the hourly chart (H1) and forming two spikes without breaking it, the price reversed downwards. Now, I'm anticipating a move towards the 1.0880 area, where we have a Fibonacci confluence (FVG), and...
Gold reached the multi weeks low following USD getting stronger and Fed's comments upon inflation this week. And Finding support near 1917 to 1912 Area. As Looking at technicals on 4 Hour timeframe we can notice some strong support in this area and also trend reversal signs that suggest that Gold is going to be Bullish soon
GBP/USD presents a short scenario. The price is moving towards the 1.273 level, close to a reaction zone for a short trade. The zone includes the levels 1.2730 and 1.2760, at which the price could reverse if there are appropriate confirmations. The potential target would be 1.2620, where we have a demand in H1. Let me know your thoughts and opinions. Happy...
On EUR/CAD, we have a bearish setup following the PMI data in the Eurozone. The market is approaching the level of 1.4570, where we have a Forex48 block, indicating a potential reversal zone. If we receive valid confirmations on the M15 timeframe, a long position could be considered with a target at 1.47, aiming to capitalize on the inefficiency created by today's...
On EURCAD, we have a bearish setup with the price forming a supply zone yesterday during the American session, effectively creating a FOREX48 BLOCK and an FVG (Force Vector Group). In the first case, if there is a re-test of the 1.4690 level, we could look for confirmations for a short trade. In the second case, the FVG in the 1.4680 area, where, with confirmation...
On USDCHF, we have a slightly bearish setup this morning, with the price forming a breaker block pattern around the 0.8940 level. In this area, we can expect a possible rebound, so it would be advisable to consider entering a short trade with a target of 0.88. It would be fantastic if you could share your opinion with us and leave a like to support our work....