Selena_Paul

Selena_Paul Updated 

Hello everyone ! Today the Euro (EUR) has successfully regained its stability against the US Dollar (USD), prompting EUR/USD to quickly move away from the initial decline towards the area near 1.0670 and instead concentrate on overcoming the obstacle at 1.0700 on Tuesday. The USD is still facing increased selling pressure and may soon test its crucial support...

Selena_Paul Updated 

Hello dear readers! Let's explore today's market with Selena. Today, GU (the currency abbreviation for the British pound) continues to trade at a low level and has not yet shown much potential for price increase. Looking at the overall picture, GU is currently in a prolonged downtrend from the price level of 1.272 to now. If this trend continues, there is a high...

Selena_Paul Updated 

Hello dear readers! Over the past month, the AUD/USD exchange rate has been moving sideways near the 0.6400 level in a downward trend. The main support zone has formed around 0.6350. Breaking below this level could lead to a new weakness in this pair. On the daily chart, the Australian dollar is showing slight positive signs as it is slightly higher than both the...

Selena_Paul Updated 

Hello dear friends! So, we have just completed a week of trading with the gold price ending at 1930 USD. Today, on September 18th, gold is still starting a new trading session with a relatively high price of around 1930 USD at the time of writing. However, gold is still unable to break free from the neutral zone as this week, the market will focus on the Federal...

Selena_Paul Updated 

Hello everyone, let's explore the market with Selena today! Currently, the price of gold has started to increase slightly, with gold currently trading around $1927 per ounce. This indicates that the price of gold is maintaining a stable level despite facing tensions between the monetary policy trends of the Federal Reserve and potential economic recession...

Selena_Paul Updated 

Hello dear readers, Are you curious about the market today? At the start of the week, there is a fluctuation in the Euro (EUR) against the US Dollar (USD), causing EUR/USD to hover around 1.0660 after trading begins in European markets on Monday. Although there is some slight downward pressure on the Greenback, it manages to stay above the important level of...

Selena_Paul Updated 

Hello dear friends, Selena here! The price has recently tested the resistance area and has formed a double top pattern after two unsuccessful attempts to break through. The market has not yet reached new highs. Looking at the daily timeframe, we can observe a bullish trend. However, it is worth noting that the market is struggling to reach higher levels,...

Selena_Paul Updated 

Hello dear friends! Today, the NZD/USD started the new week on a positive note, trading higher around the 0.5900 level during the Asian trading session on Monday. This currency pair is receiving support ahead of the Federal Reserve's interest rate decision scheduled for Wednesday. This presents numerous opportunities for price appreciation as strength seems to be...

Selena_Paul Updated 

Hello everyone! So, yesterday gold had a slight uptick and rose in price from 1905-1915 USD. Currently, it is still trading around this price range, indicating that there is still strength in the upward movement. However, looking at the long term perspective, when the US August Producer Price Index increased by 0.7% compared to an expected increase of 0.4%, and...

Selena_Paul Updated 

Hello everyone! Let's discuss the gold market today with Selena. Currently, gold is showing a slight increase (15/9), but it remains at its lowest level in three weeks and is trading around $1918. This is due to investor concerns that US interest rates may be higher in the long run, which is driving up the value of the USD and bond yields. Despite this increase,...

Selena_Paul

Hello dear readers! Today, the NZD/USD pair continues its trend and rises to 0.5925 in the early trading hours in Asia on Friday. Currently, it is trading around the price level of 0.5920, supported by better-than-expected data from China. According to reports, China's retail sales in August increased by 4.6% compared to the previous figure of 2.5%, surpassing...

Selena_Paul Updated 

Hello dear friends! Currently, on the GBP/USD market, efforts are being made to recover from the losses of the previous day. The pair is fluctuating around 1.2410 in the early trading hours today. This currency pair is experiencing downward pressure following better-than-expected economic data from the United States (US). On the other hand, any further strength...

Selena_Paul

Hello dear friends! Today, the AUD/USD pair continues to rise to its highest level in nearly two weeks during the Asian trading session. The price has moved further above the 0.6400 level after optimistic macroeconomic data from China, although the fundamental context still calls for caution before positioning any further price increases. According to data...

Selena_Paul Updated 

Hello dear traders! Today, the EUR/USD market remains within the familiar range of 1.0700 to 1.0760, indicating no clear direction. The overall trend is still bearish, but 1.0700 continues to provide strong support. For an improved outlook, the euro needs to rise above 1.0830. And you, what is your view on the market today?

Selena_Paul Updated 

Hello everyone! Today, the gold market continues to trade below $1910. It seems that gold is moving without much momentum as it has dropped about $5 compared to the previous trading session. The main reason for the decline in gold may come from higher-than-expected consumer price index (CPI) last month. In August, the CPI in the United States increased by 3.7%...

Selena_Paul Updated 

Hello everyone, today the GBP/USD pair continues to be restricted by the 1.2500 resistance level before the release of US economic data. The GBP/USD pair could become more vulnerable and weaken further below the 1.2400 level, accelerating its decline to monthly lows around the 1.2310-1.2300 area, on its way towards support at 1.2280-1.2275. On the other hand,...