China’s Economic Woes Propel Gold’s Safe-Haven Appeal, Despite Lingering Challenges
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
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
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
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
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
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
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
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
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
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) […]