FOREX/GOLD

2021-07-08 09:07:53 DXY-update Open / Comment

2021-07-08 09:06:02 XAUUSD-H1
#gold

Sell @ 1798.00
TP @ 1768.00
SL @ 1804.00

300 pips target Open / Comment

2021-07-02 11:28:24 GOLD
SL hit with-60pips..gold is still in bearish trend..will enter afterwards Open / Comment

2021-07-02 10:10:37 XAUUSD-H1
#gold

Sell @ 1776.00
TP @ 1756.00
SL @ 1782.00

200 pips target Open / Comment

2021-06-28 04:30:25 Five things traders need to know today


US stocks ended the week higher, helped by Biden’s $1.2 trillion infrastructure deal and dovish Fed comments. June core PCE came in line with expectation with +3.4% YoY, the highest since 1992. European and Asian indices also gained on the week.


Gold corrected higher to $1781.04 after a three-week selloff. WTI crude (SpotCrude) extended its rally to $74.28 and Brent was above $76. OPEC+ is set to meet this Thursday. Bitcoin was above $32,000.


The US dollar index (USDX) eased back to 91.76, while the yield on 10-year Treasuries jumped above 1.50%. All G10 currencies increased against the dollar last week except the Japanese yen, with USDJPY closing higher at 110.77.


EUR recovered to 1.1936 last week amid the USD consolidation, sitting below the 200-day SMA. GBP ended the week higher at 1.3881, with the BoE keeping rate and bond purchasing program unchanged. UK and Eurozone PMIs are due out this Thursday.


Commodity currencies outperformed last week amid the risk-on environment. AUD +1.53% at 0.7593 while NZD +2% at 0.7068, with both pairs recording a five-day winning streak. CAD resumed the strength to 1.2298.

Credit-Pepperstone Open / Comment

2021-06-27 15:09:12 Bitcoin Open / Comment

2021-06-25 06:03:02 Five things traders need to know today


Nasdaq and the S&P 500 hit new highs on Thursday, amid optimism about Biden’s $1 trillion bipartisan infrastructure deal. The Dow jumped 0.95%. Weekly jobless claims declined to 411K last week against a 380K consensus. Major European and Asian indices closed higher.


Gold continued its consolidation at $1,774.82. WTI crude (SpotCrude) pushed higher to $73.62. Bitcoin continued the recovery toward $35,000.


The US dollar index (USDX) was little changed at 91.77, while the yield on 10-year Treasury was slightly higher at 1.495%. US May PCE, personal income, and spending are scheduled for release today. USDJPY closed lower at 110.88.


EUR edged higher to 1.1931 amid positive business confidence surveys in Germany and France. GBP fell to 1.3920 as the BoE expressed cautiousness on tightening, with the rate and bond purchasing program unchanged.


AUD advanced for a fourth straight session amid improved market sentiment, closing at a one-week high of 0.7582. NZD extended the gains to 0.7057. USDCAD battled around the 5-day EMA at 1.2320.

Credit-Pepperstone Open / Comment