Gold is going up today for a third consecutive day of gains. Price is currently $1,246, $3 up from opening price of $1,243. First bull target is seen at $1,265, second is $1,281 and third target is the psychological level of $1,300.
EUR/USD is trading higher today going to 1.1367 and is now trading at 1.1347. Market sentiment remains bearish as volume is not enough to keep bulls satisfied with current gains. Price drop could be expected that would lead the price to 1.12.
Gold is up 1% going as high as $1,260 in today’s session and is currently trading at $1,258. First bull target is seen at $1,267, second $1,278 and third is the psychological level of $1,300.
GBP/JPY declined after an announcement from BoJ that they are not going to expand monetary policy. The Nikkei lost 3.2 percent giving back prior gains and the Yen rallied against all its competitors. GBP/JPY went down from 162.57 to 157.07 and is now trading at 157.82.
EUR/USD rose to 1.1459 in today’s trading session and is currently trading at 1.1453. First bull target is seen at 1.1560, while first support could be found at 1.1370.
Gold rose today to $1,297, almost touching immediate resistance at the psychological level of $1,300. A slight drop could be expected in Monday’s early trading hours due to profit taking and overbuying.
EUR/USD is trading higher in today’s session marking a 9-month high at the high of 1.1616. Main trend on the short-term is expected to change with first bear target at 1.1400-1.1420.
USD/CAD saw sharp improvement today going from 1.2511 to 1.2574. For the past two days the pair has steadily recovered from a low of 1.2460. Main trend on the long-term is expected to change to bullish with first bull target a close above 1.26.
Gold is seen to be consolidating caught in the range between $1,290 and $1,300. Current price is $1,293-$1,294 which marks the level above the resistance line. The precious metal has been out of channel for the past two days and the way it looks it’s going to try and return back to the channel, which suggests a slight drop to $1,286.
Silver has downgraded in price marking a high 18.00 and currently trading at 17.46 - 17.50. Main trend on the short-term appears to change to bearish unless Silver bulls manage to push price above 18.00.
EUR/USD is trading lower in today’s session currently trying to break the 1.15 barrier. Price is yet to determine a direction but by the way it looks, bears might attempt to short the Euro for a target at 1.14.
GBP/USD is trading at 1.45 after heavy pressure from Sterling bears pulling price down from 1.4770 to 1.4470 in less than two days. As it looks, bears will try to continue their rally with a target at 1.44.
EUR/USD is trading sharply lower today after reaching multi-month high of 1.1620. The pair is currently trading at 1.1423 and by the way it looks, it might test 1.14 before we get the news tomorrow. Reminder: NFP and Unmployment Rate are scheduled for tomorrow.
Gold is consolidating at the $1,280 level a day before the most important US data for the month - the NFP’s and the Unemployment Rate. The precious metal reached a high of $1,303 only to fall short and went as low as $1,271. Most likely it will trade sideways until the market stir tomorrow.
The EUR/USD is trading sideways today at 1.1380-1.14-1.1420. The pair is on hold expecting the market stir as traders and investors are anticipating the latest NFP data and Unemployment Rate. Current market price 1.1420 is first support while major resistance is 1.1580.
Gold is trading relatively unchanged from yesterday’s levels due to lite volumes as market participants are waiting for the latest US data scheduled for less than two hours. If it turns out that the NFP’s and Unemployment Rate are favoring the US dollar then Gold might test $1,250. On the other hand, worse than expected US data is favorable for the precious metal and we might see a break above $1,300.
EUR/USD is trading relatively unchanged in today’s session gravitating around 1.14. Low volumes are partially due to no major events today as well as the lite impact caused by the latest NFP’s and Unemployment rate.
Gold lost more than $20 in today’s session. The decline was caused by technical bears who saw that the precious metal reached resistance. Main trend on the short-term remains bearish.
EUR/USD is trading relatively unchanged since yesterday’s session. The pair is gravitating around 1.1375-1.1385. The low volumes come from weak positions from both sides caused by no major events to shake up the markets.
Gold is trading steadily around the level of $1,262-1,265. First support is seen at $1,250, while first resistance is the level of $1,270.