Hello dear friends! What do you think, will the price of gold increase or decrease in the near future? Today, gold continued to soar and marked a strong recovery of 0.47% in the day. As a result, the US dollar continued to weaken in early Europe on Thursday. The risk appetite has improved as the possibility of the Fed cutting interest rates in the first quarter...
Hello dear friends! After closing for the Christmas holiday, the price of gold experienced a modest increase on its reopening day due to the weakening of the US dollar and a decrease in bond yields. This was driven by expectations that the US Federal Reserve will lower interest rates next year. The US Dollar Index reached its lowest level in 5 months, while the...
Hello, my wonderful friends. What do you think will happen to EURUSD this week? Karina anticipates an upcoming upward trend as this currency pair has broken through the resistance level of 1.10045 and formed some bullish factors, including higher highs and the EMA 34 reversing its direction to maintain stability. The support levels at 1.099 and 1.095 will be...
Hello dear friends! After the holiday break, the gold market has resumed its activity, and this precious metal has increased by 11 USD since the last closing. It is forecasted that gold will continue to rise to a level of 2,070 USD/ounce and could potentially go even higher, thanks to the strong expectations of interest rate cuts by the US Federal...
Hello dear friends! What do you think about the upcoming gold trend? Currently, gold continues to maintain its strong upward momentum, trading steadily at a high price level of around 2065 - 2066 USD. In the last week of 2023, gold may experience a period of calm amidst low trading volume. However, the prospects still lean towards an increase as gold performs...
Hello, what do you think about BTCUSDT? Today, BTCUSDT was unable to reverse its upward trend as the price remained stuck below the resistance level of $44,000. The trading activity has mostly been sideways, and today we will prioritize selling BTCUSDT with a target for this downward move possibly around the support level of $41,000. What about you? Do you think...
Hello dear friends! Are you curious about the next trend of the EURUSD currency pair? Today continues to be a victorious day for this currency pair as it continues to perform well in maintaining itself above the resistance level of 1.10. The upward trend will still be preserved as there will be no major economic data released this week, and the US dollar may...
Hello dear friends, it's great to see you all again for today's discussion on BTCUSDT. Currently, the price of bitcoin has attempted to rise above the resistance zone of $44,200 BTCUSD. However, the bearish side has been active around that area and continues to push the price down. If Bitcoin fails to break above the $44,200 resistance zone, it could continue to...
Hello dear friends! Let's discuss with Karina about the price of gold today! Today, gold quickly increased by 5 USD to reach 2058 USD as soon as the trading session opened. The upward trend continues to be reinforced, and Karina maintains her stance that this week will continue to be victorious for this precious metal. The upward trend channel is still active,...
Hello, my dear friends! What are your thoughts on BTCUSDT? Today, BTCUSDT continues to maintain stability around the $43,400 mark, and there hasn't been much price change compared to last week. I notice that all activities are still constrained below the resistance level of $44,000. But hey, Karina here is still optimistic and holding strong to her long-term...
Hello dear friends! Let's take a look at the market with Karina! Today, our market is entering a holiday period where trading has ceased. The price of gold is resting at the milestone of 2053 USD, and there are some important points to note: Regarding news impacting gold: -The latest data has raised expectations that the Federal Reserve (Fed) will cut interest...
Hello dear friends! Today our market is temporarily closed and there are some things to note about EURUSD: Regarding the trend of EURUSD: After two failed attempts to break above 1.10, this currency pair made a new breakthrough last Friday by successfully closing above this level. The upward trend is supported as the US dollar is under pressure due to mixed...
Hello dear friends! The GBPUSD currency pair is currently pausing trading at 1.269 and has experienced a significant recovery. Following the lower-than-expected PCE inflation data, the US dollar is struggling to find demand and create favorable conditions for the pair's recovery. From a technical analysis perspective: GBPUSD has broken out of its downtrend with...
Hello dear friends! What do you think if USDJPY returns to an upward trend in the future? This will be a long-term analysis for this currency pair. Regarding the chart analysis: Karina noticed that a reverse hammer candlestick (indicated by the red arrow) has formed, marking the strong fight of the bulls as they try to push the trend back up. In addition, using...
Hello dear friends! Gold continues to maintain a strong long-term uptrend, with prices pushed higher by the recovery process last Friday. The bet that the Fed will cut interest rates next year has created some meaningful growth momentum for this precious metal. With the trendline still in formation, the immediate resistance level is at $2,070. Any breakout above...
Hello everyone, it's great to see you all again for our conversation today! Currently, EURUSD has regained the level of 1.10 and is temporarily consolidating above the resistance level at 1.10051. A correction is expected to occur, and the prospects for this currency pair are to utilize the new support level to continue establishing an upward trend. In the case...
Hello dear friends! What do you think about the current trend of gold prices today? Gold prices are currently inching up due to the weakening of the US dollar. The latest economic report released yesterday has strengthened expectations that the Federal Reserve (Fed) will cut interest rates in March next year. As a result, the market is expecting the Fed to...
Hello, do you have any questions about the price trend of gold in the last trading day of this week? Overall, gold has made efforts to seek recovery and has received some support as the price reached $2050 today. The price of gold has increased again as the US dollar adjusted downwards after US economic data increased expectations that the Fed will cut interest...