Market Impact of Tariffs: USD Strength & Gold Price Trends
Market Overview Trump’s tariff announcement has sent shockwaves across the markets, with the upcoming 25% tariffs on Canadian and Mexican goods set to take effect on March 4, 2025. The rationale behind these tariffs stems from concerns over drug trafficking, with Trump pushing for stricter enforcement from both nations. The Canadian Dollar has already weakened […]
Market Analysis: Trends in Gold, Forex Pairs & Dollar Strength
Gold GOLD remains near the EMA200, lacking significant movement as the market awaits inflation reports. Our outlook remains bearish, with price rejection at the EMA200 reinforcing this stance. Traders should watch for potential shifts as price action forecasting indicates further downside risks. Silver Despite a slight recovery, buying momentum remains weak, reinforcing expectations that selling […]
Market Analysis: Gold, Dollar, and Major Currency Trends
Gold Gold experienced aggressive movement, reacting to a surge in market volatility. However, after multiple failed attempts to break the highs, selling momentum increased, aligning with our expectations. The MACD shows growing bearish volume, while the RSI indicates increasing bearish pressure. We anticipate further selling and potential downward movement in gold prices. Silver Similarly, Silver […]
Market Overview: US-Russia Relations and Global Market Trends
This week, developments between Russia and the US have caught the attention of global markets. Notably, Putin has expressed support for Trump, which has shifted the geopolitical landscape. A report from Axios revealed that a US-Ukraine minerals deal is nearing completion, which may have significant implications for the market. Treasury Secretary Bessent mentioned that both […]
Forex Market Outlook: Major Events & Tariff Impacts Explained
Market Overview: Key Events and Forex Market Outlook This week, traders are eyeing major economic reports, including the US Consumer Confidence release on Tuesday, Australian CPI on Wednesday, US preliminary GDP and unemployment claims on Thursday, and the US Core PCE Price Index on Friday, along with Canadian GDP and European German Preliminary CPI m/m. […]
Market Analysis: Forex Trends, Gold Price Action & USD Outlook
Gold Gold has retracted slightly after hitting another historic high, though many analysts expect another surge soon. The market remains firmly bullish, with the potential for a brief retest of the EMA200 before continuing its upward trajectory. The MACD is currently bearish but lacks significant selling momentum, suggesting this could be a minor correction rather […]
Market Analysis: Price Action & Trends in Gold, Forex & USD
Gold Gold prices have now reached historic highs, and we anticipate continued buying momentum. However, we will observe how the market develops over the next few days. There are no changes in our readings aside from the MACD reflecting increased bullish volume, despite still showing some bearish signals in a buying market. The RSI is […]
Market Analysis: Forex & Gold Trends with Price Action Insights
Gold Gold prices are inching closer to historic highs as expected, with the MACD and RSI reflecting increasing volume and buying momentum. This aligns with price action forecasting, indicating a possible continuation of the uptrend. The rise is fueled by growing geopolitical distress, uncertainty surrounding the major and minor currency pairs, and potential tariffs imposed […]
Key Events & Trends in Major Forex Pairs
Economic Events & Market Volatility This week is packed with major economic events, leading to increased volatility: Tuesday: Australian cash rate announcement, BOE Governor Bailey’s speech, and Canadian CPI data. Wednesday: Australian Wage Price Index release, New Zealand cash rate decision, British CPI data, and a speech from former U.S. President Trump. Thursday: FOMC meeting […]
Market Analysis: Price Action & Trends in Major Forex Pairs
Gold GOLD prices unexpectedly found a low, defying prior expectations. Trump’s tariff policies remain increasingly unpredictable due to ongoing delays and exemptions, creating further geopolitical and economic uncertainties. This has strengthened gold’s appeal as a safe-haven asset. However, given the unclear direction stemming from these developments, we will primarily rely on price action forecasting in […]