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Solid-ecn replied May 16, 2023Gold Hawkish comments from a number of Fed members as well as better-than-expected macro data from the United States is providing support for the US dollar today. Fed members speaking today have been reluctant to speak about any immediate rate cuts ...
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Solid-ecn replied May 16, 2023EURUSD The weakness of the dollar accelerated during the European session, although the EURUSD pair remained in a fairly strong downtrend sequence following the Fed's decision to raise interest rates on 3th May. A strong reading could prompt the Fed ...
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Solid-ecn replied May 16, 2023AUDUSD The Australian Dollar higher volatility is caused by concerns about Chinese data and RBA minutes Chinese data revealed weaker-than-expected industrial production, retail sales, and investment activity The Reserve Bank of Australia (RBA) ...
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Solid-ecn replied May 16, 2023GBPUSD: Pound ticks lower after concerning UK macro figures The British pound lost ground early in the European session following the publication of weak macro data from the UK, reducing the chance of a hawkish turn from the Bank of England. The ...
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Solid-ecn replied May 15, 2023NZDUSD NZDUSD pair provides clear additional negative trades to approach our first waited target at 0.6200, waiting for more decline to head towards 0.6140 as a next negative station. image Therefore, we will continue to suggest the bearish trend ...
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Solid-ecn replied May 15, 2023EURUSD Raphael Bostic, head of Atlanta Fed, delivered a speech today. He pointed out that there is still a lot to do on inflation and the economy will have negative impact on price growth (as he expects a slowdown). Bostic sees risk of a recession ...
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Solid-ecn replied May 15, 2023US100 Stock traders launched a new week in upbeat moods with indices from Asia-Pacific finishing today's trading higher and European benchmarks advancing as well. US index futures also trade higher with Russell 2000 (US2000) leading with 0.7% gain ...
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Solid-ecn replied May 12, 2023EURUSD The EURUSD pair ended yesterday below 1.0945 level, to fall under expected negative pressure in the upcoming sessions, targeting 1.0865 level as a next correctional target. image Therefore, we are waiting for more expected decline on the ...
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Solid-ecn replied May 12, 2023EURNZD EURNZD is one of the G10 FX crosses that experienced large moves so far today. The pair is trading higher as EUR got supported by hawkish comments from Joachim Nagel, Bundesbank President and ECB member. Meanwhile, NZD is the worst performing ...
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Solid-ecn replied May 11, 2023Bitcoin Weaker Ahead of Options Expiring Friday Bearish pressure on Bitcoin is increasing as Friday's option expiration approaches. The bears could cause the price to settle below $27,000 allowing options market speculators betting on declines to ...
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Solid-ecn replied May 10, 2023image Silver Silver price didn’t show any strong move since morning, thus, no change to the expected bullish trend scenario on the intraday basis, which targets 26.07 followed by 26.90 levels as next main stations, supported by the EMA50 that ...
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Solid-ecn replied May 10, 2023image Crude Oil Crude oil price faces clear negative pressure to move below 72.80 level now, which urges caution from the upcoming trading, as consolidating below this level will stop the expected bullish trend and put the price under additional ...
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Solid-ecn replied May 10, 2023Gold Gold prices shows some bearish bias since morning, noticing that stochastic gathers the positive momentum clearly, waiting to motivate the price to resume the expected bullish trend for today, which its targets begin at 2048.70 and extend to ...
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Solid-ecn replied May 10, 2023GBPUSD GBPUSD pair kept its stability above the beached resistance of the bullish flag, to keep the bullish trend scenario valid for the upcoming period, supported by the EMA50, waiting to visit 1.2700 followed by 1.2850 levels mainly. image ...
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Solid-ecn replied May 10, 2023GBPJPY repeats the positive closes The GBPJPY pair repeated providing positive closes above the extra support at 169.25 level, confirming its readiness to resume the bullish attack, to notice its fluctuation near 170.70. image note that stochastic ...
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Solid-ecn replied May 10, 2023Gold Gold price continues its bullish trend trajectory on Tuesday. The price of gold is currently trading around $2,030 per ounce, which is a +0.41% daily change. The upward trend channel has provided continuous positive support to gold prices - ...
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Solid-ecn replied May 9, 2023image USDCAD approaches the extended target USDCAD pair continued to decline yesterday to approach 1.3300 level, but it bounced bullishly to settle above 1.3350, noticing that stochastic lost its positive momentum to reach the overbought areas ...
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Solid-ecn replied May 9, 2023image GBPUSD presses on the channel’s support line GBPUSD pair ended yesterday negatively, to test the intraday bullish channel’s support line, noticing that the price begins today with slight decline to move below this support, while stochastic ...
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Solid-ecn replied May 9, 2023image EURJPY holds below the barrier EURJPY pair approached 149.35 barrier yesterday, while the lack of the positive momentum forced it to provide new negative close to confirm its affection by the bearish bias for now, noticing its crawl towards ...
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Solid-ecn replied May 8, 2023image NZDUSD The NZDUSD pair shows more bullish bias to move away from 0.6290, which supports the continuation of the bullish wave for the rest of the day, and the way is open to achieve our next target at 0.6380, supported by the EMA50 that ...
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