Trading Analysis for XAUUSD
01/03/2024
The foreign exchange market has been marked by a series of nuanced movements, particularly in relation to the U.S. Dollar Index and major currency pairs such as EUR/USD and GBP/USD. Recent economic reports and data releases have contributed to these dynamics, influencing traders’ sentiments and market positions.
US Daylight Saving Time
March 2024
Changes in trading hours for certain markets due to US Daylight Saving change. While these adjustments are temporary, we want to ensure you have all the details you need to make informed decisions.
Trading Analysis for BTCUSD
31/01/2024
As we journey back to the end of January and the dawn of February, the Bitcoin market presented a tapestry of technical signals and economic sentiments that shaped its trajectory. The period was marked by fluctuations, anticipations, and strategic positioning by investors, all under the watchful eyes of global economic developments.
Trading Analysis for XAUUSD
30/01/2024
The previous trading sessions witnessed mixed movements in the gold market, with geopolitical tensions and economic indicators playing significant roles in influencing gold prices. Notably, the escalated military actions by the U.S. and Britain in Yemen heightened market uncertainties, enhancing gold’s appeal as a safe-haven asset.
Trading Analysis for EURUSD
29/01/2024
The upcoming week is shaping up to be particularly eventful for financial markets, with a full agenda that includes critical decisions from central banks, significant economic data releases, and the earnings reports from several major US technology companies. Highlights of the week include policy announcements from the Federal Reserve and the Bank of England, the latest figures for US nonfarm payrolls, preliminary Q4 GDP data for Germany and the Eurozone, as well as manufacturing and services PMI numbers from China, alongside inflation updates from Germany and the Eurozone.
Trading Analysis for XAUUSD
23/01/2024
Gold prices concluded the previous week on a lower note, marking the second decline in the last three weeks. This trend was primarily influenced by cautious comments from Federal Reserve policymakers, highlighting a methodical approach to interest rate adjustments. The emphasis on more inflation data before considering rate cuts suggests potential delays in the anticipated reductions, casting a shadow over investor sentiment towards gold.
Trading Analysis for EURUSD
22/01/2024
In the intricate world of forex trading, the EUR/USD currency pair has long been a focal point for traders worldwide. As we delve into the nuances of this dynamic market, a comprehensive analysis reveals several key technical and fundamental factors influencing its trajectory. The following insights aim to demystify the current trends and project potential movements for the week commencing January 22, 2024.
Trading Analysis for XAUUSD
16/01/2024
The previous trading sessions witnessed mixed movements in the gold market, with geopolitical tensions and economic indicators playing significant roles in influencing gold prices. Notably, the escalated military actions by the U.S. and Britain in Yemen heightened market uncertainties, enhancing gold’s appeal as a safe-haven asset. Economic reports such as the Consumer Price Index (CPI) and Producer Price Index (PPI) also had considerable impacts on market sentiments towards gold.
Trading Analysis for XAUUSD
09/01/2024
The gold market experienced fluctuations during the previous week, with geopolitical tensions, economic indicators, and Federal Reserve policy expectations impacting its movements. The U.S. labor market’s unexpected strength, as reflected in the Non-Farm Payrolls report, influenced market perceptions about the Federal Reserve’s rate policy, leading to adjustments in gold prices.
Holiday’s market hours
April 2024
Easter Monday / Ching Ming Festival / Anzac Day – Trading Hours – April 2024