Forex Market Analysis & Articles
Weekly gold analysis
◽️ FED raised the interest rate 75bp on Wednesday, the highest level in 28 years, But the gold market has shown good resistance to this sharp hike in interest rates ◽️ Rising fears of a recession have led to a sharp drop in the stock market, cryptocurrency...
Weekly gold analysis
◽️ Last week wee see an intense flight for gold, main reason was escape from the inflationary recession. ◽️ Despite the Federal Reserve's hawkish policies, inflation remains high, and this is a major sign of recession, So gold got a great support. ◽️ In...
Weekly gold analysis
◽️ Gold try to recover it's losses last week but seems to be having a tough gathering bullish momentum. ◽️ The US10Y grew around 1% last days of the week and pressured on gold. ◽️ The Federal Reserve Hawkish policies are the only thing that puts downwar...
Weekly gold analysis
◽️ As the old saying goes, markets can stay overbought and oversold longer than most of us can stay solvent," said Darin Newsom, president of Darin Newsom analytics. ◽️ "Additionally, Newsom's Rule #6 tells us 'fundamentals win in the end,' and the U.S. do...
Weekly gold analysis
◽️ Gold fell last week but experienced buying pressure after the Federal Reserve meeting, but ended $ 15 lower than the price at the beginning of the week. ◽️ Among traders, short-term outlook of Gold has improved due the United States central bank's antic...
Weekly gold analysis
◽️ Last week, the price of gold struggled to keep its price against the US dollar index due the US dollar index reaches to 104 level, the highest in nearly 20 years ◽️ FED is ready to raise interest rates by 50 basis points this week, and this has led to a...
Weekly gold hint
Weekly gold analysis ◽️ Downward pressure, Due to the Hawkeye FED monetary policy alongside the Upward pressure because of the inflation risk and war, we have a MIX Sentiment in gold ◽️ There are a lot of Long and Short trades on gold and according to t...
Weekly gold hint
Weekly gold analysis ◽️During the last trading week, gold touched a high of $1,985 on Wednesday. And even though prices saw a drop Thursday, gold futures are ending the week up 1.2% ◽️Gold price has risen due to both inflation and geopolitics, and the ...
Weekly gold hints
Weekly gold analysis ◽️Gold is sold in the futures market at the same time as it's bought by Investment funds. ◽️Hence, gold moves to important support and resistance levels could be significant this week. ◽️Sentiment in the gold market is extremely...
Weekly gold hint
Weekly gold analysis ◽️Sentiment in the marketplace remains Bullish with Global risk ◽️Gold strongly supported with $1945 and technically gold in range between $1948 and $1960 and tend to move upward ◽️Gold prices withstand with rising bond yields an...
USD - Mildly bearish cruising speed
The week has started off on an upbeat note for risk sentiment as recently troubled US tech stocks led a broader rally in the equity segment yesterday. The dollar, in a week without major idiosyncratic drivers, has stayed mildly offered. Today, external factor...
Dollar remains overvalued
Raffi Boyadjian Can America’s twin deficits still sink it? The US dollar ended a volatile 2020 down 6.5% against a basket of currencies, underlining the dramatic turnaround in risk appetite from the depths of the March virus crisis. That risk rally is s...