USD/JPY Analysis : By analyzing the USD/JPY daily chart, we observe that yesterday, the price first breached below 157 and then moved above 158 to gather more liquidity. Currently, USD/JPY is trading around 157.690, and if the price stabilizes below the 158 level, we can anticipate the beginning of the next bearish wave. Other assumptions from…
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EUR/USD Analysis: By reviewing the #EURUSD chart in the three-day timeframe, we can see that the price has currently reached a very important demand zone, and the probability of a price reversal from this level is high! However, note that I personally have another scenario in mind, which is that after an initial short-term rise in…
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Gold Analysis: In the 4-hour timeframe, we can see that after reaching $2697 and hitting all targets last Friday, gold eventually closed around the $2690 zone. Today, gold showed a bearish sentiment, dropping by over 300 pips and correcting to as low as $2664. Currently, gold is trading around $2670, and if it stabilizes below this…
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USD/JPY Analysis : Upon analyzing the USD/JPY chart in the daily time frame, we see that the pair is currently trading around the 157.060 level. Given the recent price action, I anticipate a significant correction in USD/JPY in the near future. The first potential target for this decline is 156.25, so keep a close eye on…
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Gold News Gold Prices: Steadied at ~$2,685 on safe-haven demand amid uncertainty surrounding Trump’s policies. Trump’s Impact: Proposed tariffs could spark trade wars and inflation, benefiting gold as a hedge. U.S. Jobs Data: A stronger-than-expected jobs report highlighted a robust labor market, boosting the dollar and weighing on gold. Market Performance: Spot gold fell 0.1%…
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Gold Analysis: As observed on the 4-hour chart, gold performed exceptionally well yesterday, aligning with our expectations by reaching the $2679 level. This remarkable move added another impressive gain to our portfolio, with total returns exceeding 600 pips so far! When gold hit the $2679 mark yesterday, it experienced a sharp decline, as anticipated, since this…
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Gold Analysis: In the 4-hour timeframe, Gold has impressively reached all the targets from the previous analysis ($2655, $2661, $2666, and $2673), even surpassing them to touch $2674! This bullish momentum could extend further, with $2679 identified as the next target. Keep a close eye on the price’s reaction within the $2679 to $2692 range. Key…
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Gold Analysis: Gold prices, in the 4-hour time frame, performed exactly as expected yesterday. It saw a strong rally, hitting the target of $2656 and reaching as high as $2664, entering the marked supply zone. Following this, gold experienced a sharp drop to $2642. Currently, gold is trading around $2650, and if it stabilizes above $2644,…
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Gold News Gold prices edged up on Wednesday, with spot gold rising 0.1% to $2,653.04 per ounce, as of 0844 GMT, and U.S. gold futures remaining unchanged at $2,666.70. The market’s focus has shifted to key U.S. jobs reports due later this week, including the nonfarm payrolls report on Friday, which could influence the Federal…
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Gold Analysis: Gold followed our expectations perfectly, showing an impressive rally and hitting the targets of $2638 and $2647, yielding a gain of 160 pips! After reaching the second target, gold retraced to $2615, where it encountered renewed demand, pushing the price back up. Currently, it’s trading around $2648. This bullish momentum may continue, so keep…
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