IndustryGOLD MARKET TREND

The current gold market trend is bullish, with a strong upward momentum. Gold prices have been rising due to increasing demand for safe-haven assets amid global economic uncertainty, inflation concerns, and geopolitical tensions. The price has broken above key resistance levels, indicating a continuation of the uptrend. Investors are seeking refuge in gold, driving up demand and prices. The current trend is supported by technical indicators, such as moving averages and relative strength index (RSI), which suggest further upside potential. As long as the fundamental drivers persist, gold is likely to continue its upward trajectory, with potential targets at $1,800 and beyond. Central banks' gold reserves accumulation also supports the bullish trend.

FATEEMAH1

2024-09-13 13:57

Industry8月12日行情提醒

AUDUSD H1 澳联储利率决议后,澳联储主席两次公开发言都是极其鹰派的言论,根据目前的预测,今年降息可能性很小,同时也提到重点依然是通胀问题,并强调如有必要将毫不犹豫加息。ANZ和NAB两家银行的分析师认为澳联储可能会在明年的第一季度或之后才开始降息。本周将会有新西兰利率决议目前市场预期新西兰联储降息的预期超过70%,这意味着如果根据目前的市场预期新西兰本周降息,美联储9月降息,澳联储很可能成为最后降息的主要央行,在利差方面可能会给到澳元有一定的支撑。 技术面上,澳元在上周一的假突破后,价格快速拉回之前的震荡区间,并且在周四美国失业金领取数据公布后价格上破了之前维持10个交易日的震荡区间,周五时候尝试突破之前一直有提醒的0.660位置受阻回落,目前价格保持在先前区间上方。继续对0.660-0.656区间保持关注,目前在依然在做区间震荡,若上破0.660澳元可能有望继续回升。 上方一线阻力0.658,二线阻力0.660,三线阻力0.662. 下方一线支撑0.656,二线支撑0.654,三线支撑0.652.

Baconjellyy

2024-08-12 09:34

IndustryMARKET UPDATE

Bank of Japan Deputy Governor Shinichi Uchida stated that the central bank would not raise interest rates during financial market instability. He emphasized that the BOJ's current monetary easing policies would remain due to recent market volatility. Uchida noted that a stronger yen and market fluctuations influence the BOJ's policy decisions, particularly regarding inflation and economic outlook​. The market reacted with a surge in dollar yen bumping it up to 147.5 recently. This looks to be a strong trend considering that rate hikes look to be unlikely following his comment, weakening the status of the yen. AUD is looking good at the moment after the decision yesterday to keep rates constant at 4.35%. More bullish movements were spotted today after the chinese trade balance looking positive. Why exactly is this good news? It is because Australia exports a lot of their goods to China and upon the positive outlook on Chinese imports, this will appreciate the AUD further. Gold looking to have a good entry point after a drop last night. With the imminent cut rates in September and looking into the political side of things, the Middle East tensions looks to be escalating, gold looks to rally..Putting these considerations in mind, a long position in gold looks to be more a strong option and with recent price drops, this could serve as a good entry position for gold

NathanWuBCR

2024-08-07 14:48

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