
Several largest American companies will publish their financial results this week. BTCUSD and XAUUSD are skyrocketing. What's going on in the markets?
Happy Monday, fellow traders! We are pleased to be back and share everything you need about the upcoming week!
(All times are GMT+3. Check your time zone here: https://www.timeanddate.com/time/map/)
Our outlook of the last week remains in power. The shiny metal will continue collecting liquidity until it has enough money to make another leap.
As XAUUSD is in the uptrend, we recommend focusing on long trades. We expect the metal to make a touch or a fake breakout of the blue trendline. Then, a sudden reversal may occur. This movement will be a perfect spot for a Buy trade.
If a daily candle closes below the trendline, the metal may fall to $1965, another fantastic spot for a Buy trade.
Happy trading!
Several largest American companies will publish their financial results this week. BTCUSD and XAUUSD are skyrocketing. What's going on in the markets?
The dollar's status as the world's reserve currency could only be recovered if the US controls its spending. The huge budget deficit and rising interest rates on the US national debt should scare every American, analysts say. Read the full report to learn more!
The Japanese yen fell to its lowest level against the US dollar in 33 years. Read the full report to learn the next target for USDJPY!
The US stock market fell in the third quarter. What's going on and why economists think that the last quarter will be better? Let's discuss it all here.
BlackRock CEO forecasts the Fed may have to raise rates further. The US dollar index (DXY) gains 130 points today. Read the full report to get more fresh news and technical analysis!
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!