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OANDA:XAUUSD MARKET ANALYSIS AND COMMENTARY - WEEK 17 - 2024 ECONOMIC COMMENTARY This week, international gold prices continued to increase beyond the threshold of 2,400 USD/oz to 2,417 USD/oz, but then gradually decreased and closed at 2,390 USD/oz. Gold prices rose again to exceed 2,400 USD/oz on April 19 due to an attack believed to be by Israel...

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Technical analysis OANDA:EURUSD OANDA:EURUSD fluctuates in a narrow range above 1.0600 on Tuesday as the better-than-expected Economic Sentiment data from Germany helps the Euro hold its ground. Fed Chairman Powell will speak on the policy outlook later in the day. OANDA:EURUSD edged slightly higher after testing 1.0600. The Relative Strength...

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🌐XAUUSD PLAN - WEEKLY FORECAST Most of the price drop of nearly 100% was due to profit taking when the price reached the psychological level of 2430$, almost completing the 3rd Elliot wave and preparing for a correction, the drop to 2303$ -2252$ saw Sharks buy new. at a relatively cheap price. From Saturday to Sunday, the next armed conflict between Iran...

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🪙 CRYPTOCAP:BTC Update April 15 The W weekly frame chart has scanned the liquidity at both ends of the previous week. When the price has not broken through the 60k-72k area, the weekly frame trend is still in the sideway trend, in the sideway it is impossible to predict whether it will increase or decrease further, so in The weekly frame is not dangerous...

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💎GBPUSD Analysis💎 [/b ] 🔸In the current context, GBP/USD is revealing a head and shoulders pattern, clearly supporting the long-term decline of the British Pound against the US Dollar. It is expected that this week, GBP/USD will continue to challenge the neckline around 1.2500 in the short term before potentially decreasing further. With today's trading...

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Gold price has picked up fresh bids and hit a new all-time high above the $2,350 barrier in Asian trading on Monday. Reducing bets for a June Fed rate cut and easing geopolitical tensions fail to deter Gold buyers amid expectations of a surge in central banks' Gold purchases. From a technical perspective, weakness below the $2,265 area could expose the weekly...

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CRYPTOCAP:BTC Update April 8 W week's candlestick chart closes the pinbar candle, withdraws its whiskers, and scans the liquidity of last week's candlestick, showing that the buying force at the 64k area was well supported by buyers and is likely to push the price further. The chart of the D day frame has closed the candle above the IFVG zone, showing...

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LONDON (Reuters) -Global oil benchmark Brent steadied above $91 a barrel on Monday, reducing early losses prompted by Israel withdrawing more soldiers from Gaza and committing to fresh talks on a potential ceasefire in the Middle East conflict. Brent crude futures were down 16 cents, or 0.2%, at $91.01 a barrel by 1335 GMT. U.S. West Texas Intermediate crude was...

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International gold price OANDA:XAUUSD price on Kitco closed the week at 2,329 USD/ounce. Gold futures price for delivery in June 2024 on the Comex New York floor is trading at 2,349 USD/ounce. The world OANDA:XAUUSD market ended the week with strong price increases. The precious metal is up nearly 5% compared to last Friday. After rising to 2,220...

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AUD/JPY breaks its three-day winning streak, declining to near 99.30 during the Asian session on Friday. The Japanese Yen (JPY), considered a safe-haven currency, strengthened as geopolitical tensions escalated in the Middle East. This dynamic contributed to the weakening of the AUD/JPY cross. The escalation of tensions follows Iran's vow to retaliate against...

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OANDA:XAUUSD prices bucked its recent upward trajectory to a new all-time high reached on Monday. Bets on a Fed rate cut in June continue to strengthen the USD and act as a headwind. The downside remains muted amid persistent risk aversion and geopolitical risks. As expected, Gold prices corrected after hitting the Bull Flag target of $2,251 and a new...

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GBP/JPY Price Analysis: Technical Outlook The pair has completed a bullish cycle at 193.55 and is going through a corrective reversal with scope for further decline. Bears have been contained so far at the 61.8% Fibonacci retracement of the March rally, but a failure to return above 190.75 would keep the negative structure intact. An AB=CD correction...

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💰 CRYPTOCAP:BTC Update April 1 ✔️The monthly candlestick chart of M has officially closed the candle above the 69k3 area, confirming CHOCH's long-term growth, so the long-term trend will still be BUY when there is a correction! ✔️The W weekly candlestick chart, after filling the FVG area, has created a fairly large POI area. We can watch here and wait for...

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Oil prices are sliding nearly 2% on Friday with the United States hitting fresh highs in Oil production, added with Iraq announced the reopening of a refinery that was closed for a decade and amid expectations that OPEC+ countries won’t opt for big production cuts. President Of Rapidan Energy and former White House official Bob McNally said that OPEC+ said on...

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ANALYSIS OF IMPORTANT ECONOMIC HIGHLIGHTS OANDA:XAUUSD Gold Price OANDA:XAUUSD climbs to all-time highs of nearly $2,250 per troy ounce during the early Asian session on Monday. The yellow metal attracts some buyers amid the expectations of a Federal Reserve (Fed) pivot in the second half of 2024, the ongoing geopolitical tensions in the Middle East,...

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Technical analysis OANDA:XAUUSD Gold price is duplicating the move seen in Wednesday’s Asian trading, as it edges lower below $2,200 early Wednesday. Gold capitalizes on sustained US Dollar strength and a rebounding US Treasury bond yields struggle, as traders take account of the latest hawkish US Fed commentary. The short-term technical outlook for Gold...

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🌐 PLAN FOR THE WEEK OF March 25 - March 29 Price zones to note this week: Resistance: 2182 - 2195 - 2200 - 2223 Support : 2152 - 2145 - 2125 - 2100 - 2077 If the gold price escapes the $2145 price range, a price decline will begin, and Gold's conquered targets will be directed towards the support areas mentioned above. On the other hand, if the gold...

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OANDA:EURUSD Economic analysis Following Wednesday's upsurge, OANDA:EURUSD turned south on Thursday and closed the day deep in negative territory. The pair stays on the back foot early Friday and trades within a touching distance of 1.0800. The renewed US Dollar (USD) strength forced OANDA:EURUSD to make a sharp U-turn on Thursday. The S&P Global...