Gold Price Within Reach of $2,300 After Powell’s Comments
XAU/USD continues to show resilience, with the Gold price approaching $2,300 as I write as the USD turns softer. Full Article
USD Jumps As ISM Manufacturing Comes Out of Contraction
The strength of the US dollar has returned at the start of the week, after some impressive figures from the ISM manufacturing report for Mar Full Article
Ethereum, Bitcoin Price Below $3,500 and $70,000 After Powell’s Speech
The Bitcoin price continues to hover around $70,000, while Ethereum is hovering around $3,500, as both move above and below these levels Full Article
Jerome Powell Testifies: Fed in No Rush for Rate Cuts
The fed spoke before Congress n Wednesday and stated there would be no rate cuts for now. More testimony is expected Thursday. Full Article
What’s the Theme for FED’s Powell at Tomorrow’s Testimony?
Markets are awaiting FED chairman Jerome Powell testimony for some directions, which will start tomorrow Full Article
Gold Resumes Downtrend After Rejection at MAs
Gold has turned bearish and lost around $35 today, as Powell hints on higher interest rates from the FOMC Full Article
Forex Signals Brief for March 8: USD Resumes Uptrend As Central Banks Resume Hawkish Rhetoric
Yesterday Jerome Powell confirmed that the FED will continue to raise rates to 5.75%, which hurt risk sentiment and sent the USD lower Full Article
USD Back on the Bullish Trend After FED Powell’s Higher Rates Comments
The USD has been in dout in recent weeks, but it is resuming the larger uptrend now as Powell pushes for higher rates Full Article
Shorting AUD/USD After the Rejection at the 50 SMA
The bullish retrace from last week has ended in AUD/USD and the 50 SMA rejected the price, so we decided to open a sell forex signal here Full Article
Forex Signals Brief for February 8: USD Resumes the Course After Powell Leaves It to the Data
The USD retreated 100 pips lower yesterday during Powell's speech, but resumed the bullish momentum again after he finished Full Article
Gold Finding it Hard to Push Above the 200 SMA
Gold lost around $100 in a few days and buyers are finding it hard to regain momentum again as MAs turn into resistance Full Article
USD Risk Tilted to the Upside, If Powell Disappoints Today
Markets are all pricing in a dovish FED today after raising rates by 25 bps, but Powell might repeat December's comments which will be hawki Full Article
Forex Signals Brief for January 11: Powell Leaves USD Dry Ahead of CPI
Yesterday Jerome Powell didn't touch on the monetary policy and inflation, removing one of the risk events ahead of tomorrow's CPI report Full Article
Booking Profit on Gold Longs Yet Again, As Powell Keeps Quiet on Policy and Inflation
We continue to open buy Gold signals as the pressure remains to the upside and closed 2 winning signals today as Powell sent the USD lower Full Article
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