Hello human ❤️ Mideast war suggests cautious repricing and measured rally! “Gold maintains stability above the $1,850-$1,855 level and appears to be in no hurry to retreat to fill the remaining gap at $1,832,” Dixit said. “Immediate support is seen at $1,845, which if broken, could trigger a pullback to the gap at $1,832. A sustained break above $1,858 will put...
In Tuesday's session, the GBPJPY gained ground and jumped to 182.50, but the daily chart's bullish momentum appears weak. In line with that, the GBPJPY has a neutral to bearish technical stance, with the bears gradually recovering and asserting themselves. Despite the Relative Strength Index (RSI) maintaining a positive slope above its midline, bulls appear not...
Barclays (LON:BARC) analysts issued a warning on Thursday about the challenging future facing global bonds, unless stock markets fall significantly. They point to several factors contributing to this outlook, including the US central bank's quantitative tightening program and rising budget deficits. Analysts also noted a shift by Japanese investors to domestic...
USDJPY treading water near 148.60 as investors sniff out US inflation figures The US Dollar held mostly flat against the Japanese Yen on Tuesday with a little bit of wiggle, and the USD/JPY pair is headed into the Wednesday market session trading near 148.60. Markets are set to turn their eyes to US inflation figures due today and Thursday. The positive risk...
“If longer-term rates remain elevated due to higher term premiums, there may be less need to raise the Fed funds rate,” Dallas Fed President Lorie Logan said. Fed Vice Chairman Philip Jefferson said the central bank will need to "proceed carefully" given the recent rise in yields. Implied future valuations of the likelihood that the Fed will raise interest rates...
Hello human, you look great today ❤️ Over the past 2 days, some FED officials have lightly leaked 2 issues: 1. If the US economy improves, it is likely that interest rates will continue to increase. 2. If the Israeli war continues to expand, it will affect the US economy ➡ The important thing right now is to focus on war information, the US economy has been...
News this morning: ⭐ Iran helped plan Hamas's attack on Israel and gave the green light for this attack ⭐ The Pentagon is sending the aircraft carrier USS Gerald Ford, 4 destroyers & a cruiser to the Mediterranean after Hamas attacked Israel ⭐ At least four Americans were killed in attacks against Israel ⭐ The US sends ammunition to Israel, strengthening forces...
Hello human 😼 I will send you some necessary information and analysis! 🔥 Based on the Fibonacci indicator, we can measure gold's next target if it recovers! When that is done, the extreme price resistance zones are activated Gold price is briefly coming up for fresh air, as the United States Dollar (USD) has entered a phase of consolidation after two straight...
Fighting between Israel and Hamas forces could increase the appeal of gold and safe-haven assets such as the USD. According to Reuters, investors are closely watching developments in Israel as a geopolitical risk for markets, with some expecting that the violence could prompt a shift to safe-haven assets. Hamas gunmen entered Israel in an unprecedented attack on...
The Hamas attack was publicly praised by Iran and Hezbollah, Iran's Lebanese ally. “Iran's oil production is increasing, but any progress they make behind the scenes with the US will be significantly undermined by Iran celebrating the earth-shattering actions of Hamas,” Jacobsen said. . “The most important thing is to see how Saudi Arabia reacts,” Jacobsen said....
As noted above, USD/JPY has seen a particularly steep decline over the last week+, though rates are now approaching their most oversold levels of the year. As the daily chart shows, USD/JPY sliced through its 50-day EMA and rising trend line support without so much as a momentary pause earlier this week, suggesting that a continuation down to...
Hello human, some of my analysis will help you 🐝 The intraday decline showed some resilience below the 100-period Simple Moving Average (SMA) on the 4-hour chart. This comes on the back of a solid rebound from the 200-period SMA on the 4-hour chart, around the 147.30 area, or the lowest level since September 14 touched on Tuesday, and supports prospects for a...
Hello human, sit down and listen to a handsome cat analyze 🐱 GBP/JPY Price Analysis: Oscillating below Kumo, with buyers eyeing 181.60 🐡 GBP/JPY temporarily halted its downward trend on Thursday and recorded a gain of over 0.50% in a day that saw the pair move from around 179.56 to a closing level of 180.92. As of writing this, at the start of the Asian...
Hello human, sit down and listen to a cat analyze the news 🐈 EUR/USD Price Analysis: Consolidates around mid-1.0500s, focus remains on US NFP 🐝 During the Asian session on Friday, the EUR/USD pair is observed to be moving within a narrow trading range. It is consolidating its recent recovery gains made over the past two days after reaching a year-to-date low...
Hello human 🐱 I will bring a few observations today 🐠 Gold remains at a defensive level above 1800, with a close eye on the US NFP. 🐠 Gold remains in a defensive position around $1,820 after bouncing back from a weekly low of $1,813 in early Asian trading on Friday. The precious metal struggles to gain value as the Federal Reserve is expected to maintain its...
Hello human, i think maybe you don't know 🐾 Fundamental analysis: The BEAR Faction is holding important resistance ports! A slight decline to 1815 is expected before a sharp increase to 1857. But that's just a cat's prediction and the probability of accuracy is about 80%. Be careful with NFP and always install full SL TP to keep your trading account safe!
Hello "human" 👀 You're not wrong, you're reading a cat's analysis! It's time for me to come and invade this earth 👓 Gold price is holding the renewed upswing, snapping an eight-day losing streak so far this Thursday. Gold price is capitalizing on the US bond market relief, although awaits a fresh batch of US economic data for extending the recovery. The US...