XAUUSD | Spot Gold 500 oz Rate in the Forex market
Spot gold (500 oz)
Double bottom at 1.0367-1.0360.https://forex-images.ifxdb.com/userfiles/20220701/appsimage_analytics62bf5e51060bd.jpg
EURUSD is trading around 1.0427 after making a lower low at 1.0367. EURUSD remains vulnerable to more downside as price continues making lower lows and lower highs. Resistance remains...
Weekly bullish RSI divergence in AUSUSD.https://forex-images.ifxdb.com/userfiles/20220701/appsimage_analytics62bf5c5141de9.jpg
AUDUSD trend remains bearish as price continues making lower lows and lower highs. Price this week made a new weekly lower low at 0.6766 relative to the 0.6832 previous...
July 1, 2022 : EUR/USD daily technical review and trading opportunities.https://forex-images.ifxdb.com/userfiles/20220701/appsimage_analytics62bf32299f2ec.jpg
The EURUSD looked oversold while approaching the price levels of 1.0800 few weeks ago. That's where the recent upside movement was previously initiated. However, the recent movement towards 1.1200...
July 1, 2022 : EUR/USD Intraday technical analysis and trading plan.https://forex-images.ifxdb.com/userfiles/20220701/appsimage_analytics62bf3224c64d5.jpg
The EURUSD pair remains trapped between 1.0350 (the newly recorded Low) and 1.0750 which corresponds to the nearest existing SUPPLY level. On the other hand, the pair remains trapped under...
July 1, 2022 : GBP/USD Intraday technical analysis and significant key-levels.https://forex-images.ifxdb.com/userfiles/20220701/appsimage_analytics62bf32206b705.jpg
Bullish persistence above 1.2300 (when achieved) will probably enable further bullish continuation towards 1.2550 and probably 1.2650 where further decisions can be taken. On the other hand, another bearish visits...
Technical analysis of EUR/USD for July 01, 2022https://forex-images.ifxdb.com/userfiles/20220701/appsimage_analytics62befb402696e.jpg
The EUR/USD pair recovered below the levels of 1.0472 and 1.0438. Initial resistance lies near the 1.0472 level (38.2% of Fibonacci retracement levels). A decent breakout and follow-down move below...
AUD/USD Technical Analysis and Trading Tips for July 1, 2022https://forex-images.ifxdb.com/userfiles/20220701/appsimage_analytics62bed7ae7adfb.jpg
At the beginning of today's European trading session, AUD/USD reached a new local and 25-month low of 0.6790. The main driver of the decline in AUD/USD is the Fed's monetary...
Will Bitcoin raise its head?https://forex-images.ifxdb.com/userfiles/20220701/appsimage_analytics62bed2badc112.jpg
The worst quarter since 2011, the worst month since Bloomberg began tracking bitcoin in 2010. In June, the cryptocurrency leader lost 41% of its value, and in April-June at 58%...
EUR/USD: euro to come under pressure from recession, weak ECB positionhttps://forex-images.ifxdb.com/userfiles/20220701/appsimage_analytics62bedbf6208a8.jpg
This week, policymakers from the European Central Bank, the Bank of England, and the Federal Reserve met at the ECB Forum on Central Banking in Sintra, Portugal to discuss monetary...
Gold price outlookhttps://forex-images.ifxdb.com/userfiles/20220701/appsimage_analytics62bec18b6a01f.jpg
Yesterday's report showed that there is little relief from rising inflation, which continues to soar at a record pace. The Federal Reserve's inflation report and personal consumption expenditure price index...