The Week Ahead – Santa rally

Jing-Ren has extensive experience in currency and commodities trading. He began his career in metal sales and trading at Societe Generale in London. He went on to work as a senior analyst within the FX industry where he developed and refined his own trading and risk management strategies. Having a solid understanding of market dynamics,… ادامه خواندن The Week Ahead – Santa rally

US Dollar sinks in final trading hours ahead of Christmas with all bets on quick Fed rate cuts

Share: The US Dollar falls back to session’s low. Equity markets jump higher this week as investors go all in on early Fed rate cuts.  The DXY US Dollar Index sinks below 102.00, faces selling pressure at start of US session   The US Dollar (USD) is facing increasing selling pressure as investors are… ادامه خواندن US Dollar sinks in final trading hours ahead of Christmas with all bets on quick Fed rate cuts

XAUUSD: Elliott wave analysis and forecast for 22.12.23 – 29.12.23

2023.12.22 2023.12.22 XAUUSD: Elliott wave analysis and forecast for 22.12.23 – 29.12.23 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 1972.28 with a target of 2220.00 – 2300.00. Alternative scenario: breakout and consolidation below the level of 1972.28 will allow the pair to continue declining to the levels of 1889.05… ادامه خواندن XAUUSD: Elliott wave analysis and forecast for 22.12.23 – 29.12.23

Can silver outrun gold? Forecast as of 22.12.2023

2023.12.22 2023.12.22 Can silver outperform gold? Forecast as of 22.12.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The future of two precious metals will depend on the US economy. Will it have a soft landing, face a recession, or grow? Gold and silver will react differently. Let’s discuss it and make a trading plan. Six-month fundamental forecast for silver Gold has… ادامه خواندن Can silver outrun gold? Forecast as of 22.12.2023

Technical Analysis & Forecast December 22, 2023 – R Blog

Brent Sustains Growth, Plus Dynamics of EUR, GBP, JPY, CHF, AUD, Gold, and S&P 500 EUR/USD (Euro vs US Dollar) EUR/USD (Euro vs US Dollar) EUR/USD concluded a growth phase at 1.1011. Today, an expected consolidation range around 1.1000 might form, with a potential extension to 1.1015. Following this, a decline to 1.0972 could emerge… ادامه خواندن Technical Analysis & Forecast December 22, 2023 – R Blog

USD/CAD Outlook: Dollar Near 4-Month Low Ahead of Inflation

Since bears are weaker and the price has met strong support at the 2.414 fib level, bulls might resurface for a pullback or reversal. Therefore, the price will likely soon retest the 1.3350 level and the 30-SMA. A break above the SMA would confirm a bullish takeover. –Are you interested to learn more about forex… ادامه خواندن USD/CAD Outlook: Dollar Near 4-Month Low Ahead of Inflation

DXY Faces Barrage of US Data

U.S. DOLLAR TALKING POINTS & ANALYSIS US GDP leaves greenback shaky. Core PCE in focus later today and could dictate terms for the rest of 2023. DXY bulls seek out upside reversal. Elevate your trading skills and gain a competitive edge. Get your hands on the U.S. dollar Q4 outlook today for exclusive insights into… ادامه خواندن DXY Faces Barrage of US Data

Asia FX skittish, dollar at 4-mth low before key inflation data By Investing.com

Broader Asian currencies traded in a flat-to-low range as traders turned cautious before key U.S. inflation data due later in the day.  The rate-sensitive shed 0.3%, while the remained pinned near record lows of over 83 against the dollar.  The fell 0.3%, retreating slightly from a near five-month high hit in the prior session. The… ادامه خواندن Asia FX skittish, dollar at 4-mth low before key inflation data By Investing.com