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GBP/USD Forex Signal: Bearish Forecast Ahead Of UK Retail Sales Data

November 21, 2024 - by - Leave a Comment

Bearish View Sell the GBP/USD pair and set a take-profit at 1.2550. Add a stop-loss at 1.2750. Timeline: 1-2 days. Bullish View Buy the GBP/USD pair and set a take-profit …

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Financial

GBP/USD Forecast: British Pound Gives Up Momentum

November 21, 2024 - by - Leave a Comment

(Click on image to enlarge) Technical AnalysisThe technical analysis is very negative, but we are approaching an area that is rather supported. The 1.25 level of course is a large, round, …

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Financial

EUR/USD Stays Under Pressure As ECB Officials Support More Rate Cuts

November 21, 2024 - by - Leave a Comment

EUR/USD sees more downside below 1.0500 as ECB policymakers are concerned about growing risks to Eurozone economic growth. ECB’s Villeroy supports more rate cuts as the balance of risks to …

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Financial

Silver Price Forecast: XAG/USD Tests A Key Resistance Zone Above $31.00

November 21, 2024 - by - Leave a Comment

 price (XAG/USD) appreciates to near $31.10 per troy ounce during the European hours on Thursday. The daily chart  suggests a possible shift in momentum from bearish to bullish as the pair …

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Financial

Gold Will Double Or Triple If They Monetize Debt In Trump’s Term

November 21, 2024 - by - Leave a Comment

 Image Source:   , author of multiple books and publisher of The Daily Dirtnap, remains long-term bullish on Gold and believes we will have to monetize the debt during the Trump …

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Financial

USD/CHF Forecast: US Dollar Rallies Hard Against Swiss Franc

November 21, 2024 - by - Leave a Comment

In my daily analysis of major currency pairs, the USD/CHF pair continues to see a lot of love, and it does continue to be one of the better performers, considering …

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Financial

Sensex Today Falls 400 Points; Adani Group Stocks Crash 20%

November 21, 2024 - by - Leave a Comment

Asian share markets fell today, reflecting a muted mood on Wall Street overnight that was amplified by Nvidia’s lackluster revenue forecast.In US markets, Wall Street’s main indexes ended flat on …

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Financial

BTC/USD Forex Signal: Approaching $100,000

November 21, 2024 - by - Leave a Comment

 was not triggered, as none of the key levels which I had identified were reached that day.  Today’s BTC/USD Signals Risk 0.50% per trade. Trades must be entered before 5pm …

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Financial

US Oil Inventories Rise Less Than Expectations, Indicating Robust Local Demand

November 21, 2024 - by - Leave a Comment

 Image Source:    Crude oil inventories rose last week as imports surged, but the build was less than analysts’ expectations. Gasoline stocks rose by 2.1 million barrels, while distillate inventories …

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Financial

FX Daily: Soft Euro Story Dominates

November 21, 2024 - by - Leave a Comment

Image Source:   FX markets continue to consolidate after recent volatility, but no one wants to unwind their long dollar positions. Equally, the threat of escalation in Ukraine plus more soft …

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