Fibonacci Levels XAG/USD: Silver facing a further consolidation below 23…
Tag - gold
After reaching key psychological levels, the gold price and the S&P 500 ceded some of the gains to cool down. However, they are still following bullish trajectories.
The US inflation will come out today at 15:30 GMT+3. Traders can’t wait to see the numbers as they will impact all the pairs with the USD!
The Bank of England was more dovish than expected and pressed down GBP/USD to 1.3900.
The US dollar remains strong after Fed Bullard's comments. EUR/USD, GBP/USD, and XAU/USD try to find support and recover. What are the key technical levels? Watch the video to find out!
The main events of the week are Non-Farm Payrolls (NFP) on Friday and the OPEC meeting on Thursday. Watch the video to get the fresh outlook for currencies, stocks, & commodities for the June 28- July 02 trading week!
Much impactful news will come out! Read the article to get fresh trade ideas for the whole week!
We will remember the past week for the surge in the US inflation and the soothing comments of the Federal Reserve’s Chair Jerome Powell…
Gold declined back for the past few days after reaching ~$1830/Oz last week, while our medium-term positions remain in profit since our signal to buy at $1770 and $1780 two weeks ago.
The Fed held a much-awaited meeting yesterday. The bank hasn’t made any policy changes. As a result, the USD weakened and EUR/USD rocketed. Jump in to know all the latest news!
EUR/USD retraced to 1.1870 after breaking out this level. It should be just a natural sell-off ahead of the further rally up.
All attention on the market is on the Brexit process. Fears over the no-deal Brexit pushed the British pound deep down yesterday after UK Prime Minister Boris Johnson claimed he was ready to abandon negotiations.