TVS-Trader

TVS-Trader

Fundamental Analysis Gold prices maintained modest intraday gains heading into the European session on Friday and are currently hovering near the $2,565-2,570 region, or record highs. A softer-than-expected US Producer Price Index (PPI) report released on Thursday provided further evidence of easing inflation and raised expectations of a larger rate cut from the...

TVS-Trader

Fundamental Analysis Gold prices rose on an overnight rebound from the psychological $2,500 mark and gained some positive momentum on Thursday. Growing acceptance that the Federal Reserve (Fed) will begin its policy easing cycle and lower borrowing costs next week turned out to be a major factor acting as a boost for the non-yielding yellow metal. That said,...

TVS-Trader

Fundamental Analysis The steady rise continued throughout the early part of the European session and took the commodity to a fresh weekly high, with buyers now looking to build on the upside momentum beyond the $2,525-2,526 supply zone. The US Dollar (USD) is struggling to capitalize on the gains recorded over the past three days and retreated from the monthly top...

TVS-Trader

Fundamental Analysis Gold prices struggled to capitalize on yesterday’s rebound from the $2,485 support zone and attracted some selling on Tuesday. However, the commodity held above the psychological $2,500 mark during the early part of the European session as traders appeared reluctant to place directional bets ahead of this week’s US inflation figures. The key...

TVS-Trader

AUDNZD is in a downtrend. At the end of wave 5, we can catch a BUY signal to reverse the trend when a bullish 2 Dow pattern appears on the h1 time frame. TP 1 is at the old wick peak, equivalent to RR ratio 11. When breaking the trendline, we have TP2. BUY AUDNZD scalping small Lot now zone 1.08200 ↠ Stoploss 1.08000 → Take Profit 1 1.08400 → Take Profit 2 1.09200

TVS-Trader

☘️Fundamental Analysis Gold prices witnessed an intraday reversal from an all-time high and fell below the psychological $2,500 level after the release of key US monthly employment data on Friday. The mixed US employment report reduced the chances of the Federal Reserve (Fed) cutting interest rates by 50 basis points, which prompted some cover in the US dollar...

TVS-Trader

🌐Fundamental Analysis EUR/USD gave up intraday gains and slipped below 1.1100 after hitting a fresh weekly high of 1.1150 during Friday's North American session. The broad currency pair's gains were offset by a solid recovery in the US Dollar (USD). The US Dollar Index (DXY), which tracks the greenback against six major currencies, rose to near 101.40 after...

TVS-Trader

🌐Fundamental Analysis GBPUSD fell sharply after hitting a fresh weekly high above the 1.3200 round-figure resistance against the US Dollar (USD) during Friday's North American session. The GBP/USD pair fell as the US Dollar rebounded strongly following the US (US) Non-Farm Payrolls (NFP) data for August. The US Dollar Index (DXY), which tracks the value of the...

TVS-Trader

GBP/USD consolidates near 1.3200 as focus shifts to NFP GBP/USD trades in a narrow range slightly below 1.3200 in the European session on Friday. Market participants refrain from taking large positions as focus shifts to August Nonfarm Payrolls data from the US, which could influence the Fed's rate outlook. BUY GBPUSD zone 1.316-1.314 SL 1.312

TVS-Trader

Fundamental Analysis Gold prices attracted some buyers for the third straight day on Friday and traded near weekly highs heading into the European session. However, the gains lacked bullish sentiment as investors opted to wait for the release of the key US Non-Farm Payrolls (NFP) report before placing any fresh bets. Meanwhile, rising bets for more rate cuts by...

TVS-Trader

☘️Fundamental Analysis Gold prices edged up in Asian trade on Thursday. A US jobs report showed on Wednesday that employment fell to a three-and-a-half-year low in July, raising expectations that the Federal Reserve will cut interest rates further in September, which in turn acted as a boost for the non-yielding yellow metal. Moreover, concerns about the health of...

TVS-Trader

☘️Fundamental Analysis Gold prices bounced from multi-day lows but remained below the $2,500 mark amid renewed buying in the US Dollar (USD) on Wednesday. However, ongoing geopolitical risks and the Federal Reserve’s (Fed) impending rate cut could support the yellow metal in the near term. Later on Wednesday, JOLTS Job Openings and the Fed Beige Book will be...

TVS-Trader

Support: 2485 – 2,471 USD Resistance: 2,513 – 2,531 - 2550 USD SELL XAUUSD PRICE 2551 - 2549⚡️ ↠↠ Stoploss 2555 →Take Profit 1 2544 ↨ →Take Profit 2 2539 SELL XAUUSD PRICE 2512 - 2514⚡️ ↠↠ Stoploss 2517 →Take Profit 1 2505 ↨ →Take Profit 2 2495 BUY XAUUSD PRICE 2484 - 2486⚡️ ↠↠ Stoploss 2479 →Take Profit 1 2489 ↨ →Take Profit 2 2494 BUY XAUUSD PRICE...

TVS-Trader

🌐Fundamental Analysis: Gold prices fell about 1% as the US dollar and US Treasury yields rose sharply after US inflation data matched expectations over the weekend. However, given the Federal Reserve's September rate cut and geopolitical tensions remain a risk, gold still has plenty of potential support on a fundamental level. Gold prices closed slightly lower...

TVS-Trader

🌐Fundamental Analysis EUR/USD continued to fall sharply on Friday, extending its decline into a third straight day and dragging Fiber down to 1.1050 to close the trading week. EU inflation figures released on Friday morning failed to impress anyone in particular, and the US Personal Consumption Expenditures (PCE) price index did not deviate too far from...

TVS-Trader

🌐Fundamental Analysis The British Pound (GBP) extended its two-day losing streak and hit a fresh intraday low below 1.3150 against the US Dollar (USD) in the North American session on Friday. The GBP/USD pair failed to gain as the US Dollar strengthened following the release of weaker-than-expected US Personal Consumption Expenditures (PCE) Price Index data for...

TVS-Trader Updated 

Fundamental Analysis Upbeat US growth reports and initial jobless claims have pushed back expectations of a deeper Federal Reserve rate cut in September, weighing on non-yielding gold. However, escalating geopolitical tensions in the Middle East and the war between Russia and Ukraine could boost safe-haven demand, benefiting the yellow metal. Investors will be...

TVS-Trader

USD/JPY stays pressured below 145.00 after hot Tokyo inflation data USD/JPY remains under pressure below 145.00 in Asian trading on Friday, The Japanese Yen is underpinned by hot Tokyo annual CPI data, which fans hawkish BoJ expectations. The pair's downside, however, is cushioned by the recent US Dollar strength and a better mood. US PCE eyed. BUY USDJPY now ...