by SignalsFactory Staff | Sep 19, 2023 | Uncategorized
The index rebounds from recent lows near 105.00. Markets’ appear side-lined ahead of the FOMC gathering. The US housing sector will be in the limelight later in the session. The greenback, when tracked by the USD Index (DXY), reverses part of the pessimism seen at the...
by SignalsFactory Staff | Sep 14, 2023 | Uncategorized
USD/JPY meets with some supply on Thursday and is pressured by a combination of factors. Bets that the BoJ will end its negative interest rate policy lift the JPY and weigh on the major. A modest USD downtick contributes to the fall, though the 147.00 mark helps limit...
by SignalsFactory Staff | Sep 13, 2023 | Uncategorized
WTI Crude Oil prices extend the upward trajectory and climb to a fresh YTD peak on Wednesday. The technical setup favours bullish traders and supports prospects for a further appreciating move. The RSI on the daily chart is already flashing overbought conditions and...
by SignalsFactory Staff | Sep 7, 2023 | Uncategorized
Gold price trades higher despite firmer US Dollar (USD). Upbeat US Treasury yields support the Greenback’s run-up. China-linked fear weighs on the price of bright metal. Gold price snaps five-day losing streak, trading higher around $1,920, up by 0.20% during the...
by SignalsFactory Staff | Sep 1, 2023 | Uncategorized
Gold Price stays defensive after reversing from the highest level in a month. Latest US data about inflation, activities cause turbulence by testing Fed policy pivot concerns. Strong US employment figures needed to defend “higher for longer” rate bias and can...
by SignalsFactory Staff | Aug 29, 2023 | Uncategorized
Gold price attracts some buyers for the second successive day amid modest USD weakness. Retreating US bond yields drags the USD away from a nearly three-month top set last week. Hawkish Fed expectations should limit the USD losses and cap the upside for the XAU/USD....
