EUR/USD: September 13 and 14 – Key Days of the Week ● For the eighth consecutive week, the U.S. Dollar Index (DXY) is rising, while EUR/USD is declining. The currency pair has retreated to levels last seen three months ago, settling in the 1.0700 zone. It was only the dollar bulls starting to lock in
Gold price extends its gains on the second successive day, trading higher around $1,920 a troy ounce during the Asian session on Friday. The price of لینک منبع : هوشمند نیوز
USD/CAD apprehensively awaits the BoC rate announcement & US ISM services PMI while negative divergence develops on the daily chart. لینک منبع : هوشمند نیوز
USOIL raised from 66USD to 86.24 USD last Friday, but I forecast that Curde OIl will continue to raise more. As you see the below chart, the blue bar points out the main bottom of the USOIL , it already perfectly pointed out the prev two big bottoms of US OIL at 2016 and 2020 .
EUR/USD: No to Rate Hike, Yes to Dollar Appreciation! ● Market participants continue to scrutinize the macroeconomic backdrop in the United States, attempting to discern (or speculate) whether the Federal Reserve will proceed with further increases to the federal funds rate. Following disappointing consumer confidence reports, weak ADP labour market data, and a slowdown in
Barclays lowered its Brent oil price forecast for this year to $84 per barrel down by $3 from its previous forecast its Q4 estimate of $92 a barrel Brent remained unchanged Barclays expects a deficit of 670,000 barrels per day (bpd) on the oil market this year, and a 250,000 bpd deficit next year “A
GOLD OUTLOOK & ANALYSIS Rather hawkish Powell unable to deter gold bulls. Incoming data this focus this week. XAU/USD snakes in and around 200-day MA. Recommended by Warren Venketas Get Your Free Gold Forecast XAU/USD FUNDAMENTAL BACKDROP Gold prices have managed to remain elevated this Monday morning as the US dollar trades marginally lower. While
EUR/USD: Mr. Powell and Mrs. Lagarde – Much Talk, Little Substance ● Last week’s business activity data from both sides of the Atlantic proved to be exceptionally weak. The euro came under selling pressure due to a decline in Germany’s Services PMI from 52.3 to 47.3, which in turn pulled down the Composite Business Activity
A forecast for a much higher BTC price from ‘Panetra Capital’. “Bitcoin has historically bottomed 477 days prior to the halving, climbed leading into it, and then exploded to the upside afterwards,” “The post-halving rallies have averaged 480 days – from the halving to the peak of that next bull cycle.” Thus BTC should have
Gold prices looks to a big data week that includes the Jackson Hole Economic Symposium as XAU/USD bulls look to find some respite. لینک منبع : هوشمند نیوز
