Trading Analysis for XAUUSD
25/11/2024
Gold’s rebound has been amplified by a convergence of safe-haven flows and shifting rate expectations. The market currently assigns a 53% probability to a Fed rate cut in December, keeping the metal attractive as an alternative to yield-bearing assets.
Trading Analysis for BTCUSD
11/11/2024
Bitcoin surged to a new all-time high of $80,000, driven by Donald Trump’s recent U.S. presidential victory and the Federal Reserve’s decision to cut interest rates by 25 basis points. Trump’s victory has been particularly significant for the crypto market, as his administration has expressed a more favorable stance toward digital assets, with proposed policies hinting at regulatory flexibility.
Trading Analysis for XAUUSD
11/11/2024
Gold (XAU/USD) has experienced a period of consolidation around $2,672 after rebounding from lower support levels. The recent U.S. presidential election and fluctuating Treasury yields have heightened volatility in the market, affecting safe-haven assets like gold.
Trading Analysis for EURUSD
11/11/2024
The EUR/USD pair is trading under pressure, as the U.S. dollar retains strength following the Federal Reserve’s decision to hold the Federal Funds Rate at 4.75%. This decision underscores the Fed’s cautious approach amid steady inflation and robust economic indicators, which continue to support the dollar.
Trading Analysis for BTCUSD
04/11/2024
Bitcoin has maintained bullish momentum in recent weeks, fueled by heightened interest ahead of the U.S. presidential election. The market’s focus remains divided as both candidates present contrasting stances on cryptocurrency regulation. Donald Trump’s pro-crypto platform promises a favorable environment for digital assets, suggesting policies like establishing a national Bitcoin reserve, which could stimulate market confidence.
Trading Analysis for EURUSD
04/11/2024
EUR/USD has been gaining traction, bolstered by weaker U.S. economic data that has tempered the dollar’s strength. The recent U.S. Non-Farm Payroll report showed a disappointing addition of only 12,000 jobs, significantly below expectations.
Trading Analysis for XAUUSD
04/11/2024
Gold (XAU/USD) has shown resilience, with prices firming up around the $2,700 mark amid global economic and political uncertainties. The upcoming U.S. presidential election and Federal Reserve interest rate decision are major events influencing investor sentiment, leading to continued safe-haven demand for gold.
Trading Analysis for BTCUSD
29/10/2024
Bitcoin’s recent market strength has been propelled by increased ETF inflows, with prices stabilizing near the $67,000 mark. The upcoming U.S. election has introduced an additional layer of volatility, as traders weigh potential shifts in crypto regulation.
Trading Analysis for XAUUSD
29/10/2024
Gold (XAU/USD) has been trading near its peak levels close to $2,750, fueled by high safe-haven demand amid ongoing Middle East tensions and rising inflation fears. This price level is critical, as it reflects investor caution driven by heightened geopolitical risks and economic anticipation surrounding U.S. GDP and inflation reports.
Trading Analysis for EURUSD
29/10/2024
EUR/USD is trading with a cautious upward bias, responding to a softer U.S. Dollar Index (DXY) and a modest improvement in Eurozone data, particularly with Germany’s business climate showing some resilience.