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Technical Analysis: XAUUSD

XAUUSD reached a one-month high On Wednesday, as the expectation that the Fed will reduce the interest rate climbed, XAUUSD broke above the 2390 mark for some time and reached a one-month high. The expectation that the Fed will reduce the interest rate rose US CPI, y/y (April) fell from 3.5% to 3.4%

16.05.2024 XTrend Speed
138

Technical Analysis: USOIL

USOIL reached a one-week low On Tuesday, USOIL was prone to fluctuation and declined. It reached a one-week low of US$77.26 per barrel. The Fed may keep the interest rate high for a longer time The Fed Governor Powell said on Tuesday that he was less confident about that the inflation will fall furt

15.05.2024 XTrend Speed
138

Technical Analysis: GBPUSD

GBPUSD climbed for 3 consecutive days On Monday, GBPUSD climbed for 3 consecutive trading days. It ended up 0.27% at 1.2558. UK GDP increased by 0.6% month over month in the first quarter UK GDP, m/m (Quarter 1) increased by 0.6% Vs. 0.4% (forecast), according to the data from the Office for Nationa

14.05.2024 XTrend Speed
138

Technical Analysis: USDJPY

USDJPY climbed for 3 consecutive days On Wednesday, USDJPY climbed for three consecutive trading days. It ended up 0.6% at 155.62. The depreciation of Japanese yen put pressure on the economy If the trend of Japanese yen has an important impact on the inflation, the BOJ may adopt monetary policies,

09.05.2024 XTrend Speed
118

Technical Analysis: USOIL

USOIL fell to a 2-onth low On Tuesday, USOIL decreased slightly. It reached US$77.36 per barrel for some time, which marked the lowest level since March 13. EIA lowered the forecast for oil demand growth Global oil demand growth is expected to be lower than the previous forecast, and global oil prod

08.05.2024 XTrend Speed
138

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