Fjiolla_Albania

Fjiolla_Albania Updated 

Dear friends, as predicted yesterday, Gold has surged higher than expected, currently consolidating around the $1,962 mark. Weaker than expected US inflation and reduced US bond yields have fueled demand for precious metals. Additionally, increasing political tensions will drive safe haven flows. In the near future, the chart is leaning towards an upward trend,...

Fjiolla_Albania Updated 

Dear readers, The continuous weakness of the USD is the only suitable scenario to prevent the USD/JPY exchange rate from continuously rising. At the time of writing, the price is trading below the resistance level of 150.80. If the downward trend continues to be stable on the 1-hour timeframe, there is a high expectation for a price decline to the level of 149.100.

Fjiolla_Albania Updated 

Dear friend ! Currently, gold is being driven by the sharp decline of the US dollar and the recovery of the bond market. XAU/USD has risen from $1,945 to $1,970, reaching its highest level in six days. The release of inflation data by the United States has caused a strong reaction in the market, leading to a decrease in stocks and pushing the US dollar to its...

Fjiolla_Albania Updated 

Currently, the price of gold is attracting some buyers and is trading around $1,946. It has gained new attention around the $1,940 mark. The increase in the price of this precious metal is supported by a weaker US dollar (USD) and lower interest rates on US Treasury bonds.

Fjiolla_Albania Updated 

Dear friends, currently GBPUSD is trading below the port level of 1.2300 after mixed employment data from the UK. This currency pair is trading higher by 0.08% on the day at 1.2286, as of the time of writing. Regarding technical analysis: - In the short term: We cannot anticipate a sharp decline in GBP and reaching a low of 1.2213 (we expected it to trade...

Fjiolla_Albania Updated 

Dear friends, Bitcoin continues to consolidate with a strong upward trend, trading below the $38,000 mark. The bullish momentum remains high, supported by stable trading activity on the daily timeframe. As a result, there is a strong expectation for the SEC to approve the launch of BTC ETFs, which could drive the price of Bitcoin higher and surpass the previous...

Fjiolla_Albania Updated 

Dear friends, Currently, the GBP/USD is fluctuating around the level of 1.2490 after witnessing a significant increase of 1.79%, reaching the area of 1.2500 following the release of weaker-than-expected US inflation data overnight. At the time of writing, the price is trading at 1.2492, benefiting from the weakening US dollar and the decrease in US Treasury bond...

Fjiolla_Albania Updated 

Dear friends, Gold has not seen much change in terms of volatility compared to yesterday's trading session, as it continues to trade below the key level of $1950. The focus this week will be on the US inflation data. The highlight will be the release of the Consumer Price Index (CPI) on November 14th. The pressure on underlying inflation has eased. However,...

Fjiolla_Albania Updated 

Dear friends, Currently, EUR/USD is trading around the 1.0700 level, lacking clear direction as traders remain cautious ahead of important data from the Eurozone and the United States. Meanwhile, the resurgence in demand for the US Dollar may limit the upside potential of this currency pair. Technical analysis : From the 4-hour chart, we can argue that if the...