China’s Economic Woes Propel Gold’s Safe-Haven Appeal, Despite Lingering Challenges
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GOLD D1 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. China’s Economic Woes Propel Gold’s Safe-Haven Appeal, Despite Lingering Challenges Investor apprehensions over China’s deteriorating economic landscape have cast a shadow of uncertainty, offering a lifeline to the safe-haven haven of Gold. These concerns were amplified by the recent release of macro data, which […]
EUR/USD Navigates Volatility Amid Dollar Strength and Cautious Markets
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EUR/USD D1 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. EUR/USD Navigates Volatility Amid Dollar Strength and Cautious Markets In a week marked by twists and turns, the EUR/USD currency pair embarked on a journey below the psychologically significant 1.0900 level on Monday, marking its first foray into this territory since early July. The […]
EUR/CAD Gears Up for a Bullish Resurgence: Technical Confluence Points to a Promising Long Setup
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EUR/CAD H4 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. EUR/CAD Gears Up for a Bullish Resurgence: Technical Confluence Points to a Promising Long Setup In a striking turn of events, the EUR/CAD currency pair has staged an impressive rebound, finding substantial support at the critical level of 1.46500. This resurgence has been accompanied […]
GBP/JPY Continues Its Soaring Ascent: BoE Rate Hikes and Policy Divergence Propel the Cross to New Heights
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GBP/JPY H8 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. GBP/JPY Continues Its Soaring Ascent: BoE Rate Hikes and Policy Divergence Propel the Cross to New Heights In a striking display of market dynamics, the GBP/JPY currency pair surged to fresh multi-year peaks on Tuesday, extending its remarkable upward trajectory. The confluence of stronger […]
Daily Market Analysis – MONDAY AUGUST 14, 2023
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Greetings, traders! Welcome back to our daily Market Analysis. Today, we have gathered the top news and interesting fundamental analysis for your consideration. Let’s dive in and stay informed! Key News: USA – Consumer Inflation Expectations At the end of the week, the Dow wrapped up with a slight increase, achieving a modest upward movement […]
GOLD Shines Bright Amidst Global Risk Aversion:A Bullish Outlook
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GOLD H12 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. GOLD Shines Bright Amidst Global Risk Aversion:A Bullish Outlook In a world painted red by declining Asian equity markets, a new wave of global risk aversion has emerged, casting a favorable light on the ever-gleaming safe-haven asset, Gold. As concerns about China’s economic growth […]
USD/CHF Range-Bound Amidst Global Uncertainties: A Look Ahead
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USD/CHF H12 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. USD/CHF Range-Bound Amidst Global Uncertainties: A Look Ahead The USD/CHF pair finds itself ensnared in a tight trading range around the 0.8770 mark as the early Asian session kicks off on a Monday morning. As this intriguing market scenario unfolds, traders and investors are […]
EUR/USD Battles Volatility Amidst Mixed Economic Data and Market Uncertainty
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EUR/USD H4 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. EUR/USD Battles Volatility Amidst Mixed Economic Data and Market Uncertainty The EUR/USD currency pair recently experienced a roller-coaster ride in the forex market as it struggled to maintain its bullish momentum after reaching a two-week high above 1.1060. This article explores the factors that […]
Daily Market Analysis – FRIDAY AUGUST 11, 2023
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Greetings, traders! Welcome back to our daily Market Analysis. Today, we have gathered the top news and interesting fundamental analysis for your consideration. Let’s dive in and stay informed! Key News: UK – GDP (YoY) (Q2)UK – GDP (MoM) (Jun)UK – GDP (QoQ) (Q2)USA – PPI (MoM) (Jul) Thursday witnessed the Dow Jones Industrial Average […]
Gold’s Tempestuous Ride: How Inflation Data and Dollar Strength Shape Market Dynamics
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GOLD D1 chart – Analysis Made By REVOLVER™ and ISOTRIUMPH™ Indicators. Gold’s Tempestuous Ride: How Inflation Data and Dollar Strength Shape Market Dynamics Thursday unfolded as a dynamic day for the US Dollar, engaging in a compelling dance of fluctuating trades. The day commenced with an extended sell-off, propelled by subdued Consumer Price Index (CPI) […]