Forex Analysis for XAU/USD

25.09.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the pair is testing the channel’s downside border. By now, XAUUSD has formed several reversal patterns, such as Inverted Hammer, not far from the support area. Later, the price is expected to reverse and form a slight pullback towar...

25.09.2020EURUSD, “Euro vs US Dollar”After finishing another descending structure at 1.1626 and then returning to 1.1680, EURUSD is consolidating below the latter level. If later the price breaks this range to the upside, the market may continue the correction towards 1.1700 and then even reach 1.17...

Ichimoku Kinko Hyo EUR/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum. Fibonacci Levels  XAU/USD: Gold has made a full correction but still struggles to touch the 23.6% correct...

For Traders Forex Analysis Technical analysis 24.09.202013:28 Analysis of Gold for September 24,.2020 - Major downside target reached at thep rice of $1.863 but potential for the next target at $1.818 Relevance up to 13:00 2020-09-26 UTC+2 As the economy reopens, it is fundament...

For Traders Forex Analysis Fundamental analysis 24.09.202009:33 Another pandemic wave will raise the price of gold Relevance up to 08:00 2020-09-25 UTC+2 Economists, especially those in Europe, believe that another pandemic wave is coming, and that it will positively affect gold i...

24.09.2020XAUUSD, “Gold vs US Dollar”XAUUSD is trading at 1853.00; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1875.00 and then resume moving downwards to reach 1805.00. Anothe...

24.09.2020EURUSD, “Euro vs US Dollar”EURUSD continues falling. Possibly, today the pair may reach 1.1650 and then correct towards 1.1680. After that, the instrument may continue trading within the downtrend with the short-term target at 1.1620 and then start another correction to reach 1.1740.GBPUSD...

For Traders Forex Analysis Technical analysis 23.09.202020:00 Gold under pressure Relevance up to 20:00 2020-09-24 UTC+2 Gold price has broken the key short-term support at $1,910-$1,900 and is now approaching our target area of $1,850-$1,800. It was expected for Gold to be under ...

For Traders Forex Analysis Fundamental analysis 23.09.202015:33 EURUSD and GBPUSD: Pound and Euro under pressure amid Covid-19, Brexit, and PMI problems. Relevance up to 14:00 2020-09-24 UTC+2 The sharp gap in the PMI indices resulted in an unsurprising failure of the buyers of t...

For Traders Forex Analysis Fundamental analysis 23.09.202014:49 Increasing dollar demand halts gold rally Long-term review Good US macroeconomic reports, as well as rising demand for safe-haven assets due to the aggravating situation with the coronavirus worldwide, gave strong imp...

For Traders Forex Analysis Technical analysis 23.09.202013:06 Analysis of Gold for September 23,.2020 - Bear flag in creation on the hourly time-frame and potential for the new wave down towards the $1.864 Relevance up to 13:00 2020-09-25 UTC+2 Reuters reports, citing an unnamed ...

Gold is steadily plummeting for the third consecutive day. Where is the bottom? Let’s find out. XAU/USD has been pressed down by the strong demand for the safe-haven US dollar. The greenback has been boosted by the worsened market sentiment amid rising cases in Europe and the UK. Just recently the U...

For Traders Forex Analysis Technical analysis 23.09.202011:20 Technical analysis for EUR/USD and GBP/USD on September 23 Relevance up to 11:00 2020-09-24 UTC+2 EUR / USD The euro/dollar pair continued to fall and after breaking through the important support level of 1.1740, it d...

Ichimoku Kinko Hyo CAD/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum. Fibonacci Levels  XAU/USD: Gold plunges below $1900 and it seems that bears have the absolute control of ...

23.09.2020EURUSD, “Euro vs US Dollar”After completing the descending wave at 1.1720, EURUSD has finished the correction to test 1.1736 from below; right now, it is still falling towards 1.1620. After that, the instrument may start another correction to return to 1.1736 and then resume trading within...

For Traders Forex Analysis Fundamental analysis 22.09.202013:08 Oil market slides amid surge of COVID cases in Europe, increases 10% after Saudi Arabia's announcement Long-term review Saudi Arabia's announcement that it intends to continue to protect the market pushed up the quote...

Ichimoku Kinko Hyo GBP/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum. Fibonacci Levels  XAG/USD: Silver has made a full correction but still struggles to touch the 23.6% corre...

For Traders Forex Analysis Technical analysis 22.09.202014:00 Analysis of Gold for September 22,.2020 - Fourth downside target at the price of $1.905 has been reached. Potential for new downside swing towaards the level of $1.865 Relevance up to 14:00 2020-09-24 UTC+2 Prior -44 ...

Ichimoku Kinko Hyo CAD/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum. Fibonacci Levels  XAU/USD: Gold has started a remarkable downside correction and stands on the key 23.6% ...

For Traders Forex Analysis Technical analysis 22.09.202010:39 Gold Resumes Its Sell-Off Relevance up to 10:00 2020-09-23 UTC+2 USD's appreciation sends the price of gold lower at $1,896 level. The rate has registered only a false breakdown below the $1,900 level, but I'm afraid th...

For Traders Forex Analysis Fundamental analysis 22.09.202009:45 US political situation determines the growing fear in world markets. Overview of USD, CAD, JPY Relevance up to 09:00 2020-09-24 UTC+2 This morning, widespread sales continued. The Asia-Pacific markets are declining, a...

22.09.2020XAUUSD, “Gold vs US Dollar”As we can see in the H4 chart, the pair is still correcting withing the rising tendency. After finishing several reversal patterns, such as Hammer, not far from the support area, XAUUSD is expected to reverse and form a slight pullback, which may be followed by f...

22.09.2020EURUSD, “Euro vs US Dollar”After breaking 1.1830 to the downside and then reaching 1.1731, EURUSD is consolidating above the latter level. Possibly, the pair may correct towards 1.1794 and then resume trading within the downtrend with the short-term target at 1.1720.GBPUSD, “Great Britain ...

For Traders Forex Analysis Fundamental analysis 21.09.202023:32 EUR/USD. Lagarde's verbal pressure and coronavirus Relevance up to 18:00 UTC+2 The dollar index is rapidly growing. The US currency is growing against nearly all dollar pairs amid an almost empty economic calendar. ...

For Traders Forex Analysis Technical analysis 21.09.202016:30 Gold price challenges major support Relevance up to 16:00 2020-09-22 UTC+2 Gold price got rejected once again at $1,970 and as we said last week, this was a bearish sign that could push price back towards $1,900 the low...

Ichimoku Kinko Hyo EUR/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum. Fibonacci Levels  XAU/USD: Gold has made a full correction. The risk averse does not help gold today. US...

For Traders Forex Analysis Trading plan 21.09.202014:12 GOLD Corrective Phase In Cards Relevance up to 14:00 2020-09-22 UTC+2 Gold drops aggressively in the short term and is set to pressure the symmetrical triangle's support. The failure to make an upside breakout could bring a d...

For Traders Forex Analysis Technical analysis 21.09.202013:39 Analysis of Gold for September 21,.2020 - First downside target at the price of $1.933 has been reached. Potentia for new downside swing towaards the level of $1.920 Relevance up to 13:00 2020-09-23 UTC+2 Comments by ...

Tightening of quarantine in Europe? Market Watch review. 21.09.2020 In today's release, we’ll cover the following topics: USD / JPY currency pair updated lows. General strengthening of USD. Oil market sales. Despite the fact that today is a day off in Japan as it is Respect for the Aged Day, the act...

For Traders Forex Analysis Fundamental analysis 21.09.202010:39 Chinese gold tails off due to low demand Relevance up to 08:00 2020-09-22 UTC+2 Chinese gold remains relatively undervalued compared to other international prices, the reason for which is the historic low demand for t...