Sefulla Emini | Tutor/teacher
Sefulla Emini
Phone: +61 3 5964 4802
Reviews
to load big map
24.01.2022 GOLD - XAUUSD 4 HOUR CHART Gold Price Analysis: XAU/USD plummets below $1,950, down nearly 4% daily 11 August 2020, 16:14 ... Gold falls for the third straight day on Wednesday. Global equity markets surge higher on coronavirus vaccine hopes. Wall Street's main indexes look to open higher. The troy ounce of the precious continued to lose value for the third straight day on Tuesday and the XAU/USD pair slumped to its lowest level in 11 days at $1,943.76. As of writing, the pair was down 4% on the day at $1,946. Coronavirus vaccine hopes trigger a risk rally on Tuesday Earlier in the day, Russian President Vladimir Putin announced that they have developed an effective coronavirus vaccine and added that voluntary vaccinations could start as early as October. Although some experts remain sceptical amid a lack of data on phase 3 trials, this development provided a boost to risk sentiment on Tuesday and weighed on the safe-haven gold. Meanwhile, White House adviser Kellyanne Conway noted that US President Trump will hold a press conference on Tuesday to deliver an update on six coronavirus vaccines. Reflecting the upbeat market mood, major European equity indexes are up between 2% and 2.6% and Wall Street's main indexes remain on track to open higher with the S&P 500 futures gaining more than 0.5%. On the other hand, the greenback is also struggling to find demand in the risk-on environment but doesn't seem to be helping XAU/USD limit its losses. At the moment, the US Dollar Index is down 0.25% on the day at 93.40. There won't be any significant macroeconomic data releases from the US in the remainder of the day and the risk perception is likely to remain as the primary market driver. Technical levels to watch for
21.01.2022 Gold Price Analysis: XAU/USD drops below $1,900, eyes rising trendline support 12 August 2020, 05:40 ,Gold eyes five-month ascending trendline support at $1,860. ... The metal's RSI has already breached the rising trendline. Gold is fast approaching support of the ascending trendline rising from March 20 and June 5 lows, having breached the psychological support of $1,900 a few minutes before press time. The yellow metal is currently trading near $1,880 per ounce and the rising trendline support is located at $1,860. The 14-day relative strength index has breached the trendline representing the bull run from lows near $1,450 seen in March. The indicator is now hovering in bearish territory below 50. As such, the metal looks set to test the rising trendline support at $1,860 - more so, as the US yields are rising. The 10-year yield jumped over six basis points to 0.66% on Tuesday - the highest level since July 13. Acceptance below the rising trendline would imply an end of the five-month-long price rally. A strong bounce from the ascending support may cause more buyers to join the market, leading to a re-test of $2,050. Daily chart
19.01.2022 THIS IS HOW THEY PROP UP THE AMERICAN DOLLAR ******************************************************************** Fed's Evans: Fed has more to discuss in terms ...of further quantitative easing 22 September 2020, 17:43 Regulators need to ensure the safety of the financial sector so the Federal Reserve can set rates based on the economy rather than financial stability concerns Chicago Federal Reserve Bank President Chales Evans said on Tuesday, as reported by Reuters. Additional takeaways "Fed has more to discuss in terms of further quantitative easing." "Yield curve control would likely be a statement about interest rates for perhaps six months or a year." "At the moment 10-year treasury rates are quite low, I don't see any issues about that." "Fed needs to have more discussion about averaging 2% inflation but there is no explicit formula." Market reaction US Dollar Index continues to push higher and was last seen gaining 0.39% on the day at 93.92. Fed's Evans: Need fiscal support to prevent structural scarring to economy 22 September 2020, 17:54 Fiscal support is needed to prevent a "structural scarring" of the US economy, Chicago Federal Reserve Bank President Charles Evans said on Tuesday, as reported by Reuters. "We are not going to be concerned if unemployment rates go very low, as long as that's consistent with 2% inflation," Evans added and said that asset prices are expected to move up when real interest rates remain low. Market reaction The greenback continues to gather strength against its rivals in the American session. As of writing, the US Dollar Index is at its highest level since early August at 93.97, gaining 0.44% on a daily basis.
10.01.2022 AUSTRALIAN DOLLAR - AUDUSD DAILY CHART
07.01.2022 Dow Jones breaks 30,000 for the first time.Weekly chart showing the last 5 years.
06.01.2022 DOW JONES WS30 - DAILY CHART
Related searches
- Short Kenyon & Crane
Tax preparation service Accountant Financial service
+61 2 9958 1866
115 Sailors Bay Rd 2063 Sydney, NSW, Australia
3 likes
- BAS Reporting
Business service Accountant Financial service
+61 423 257 793
Office 1 2-4 Sorrell Street 2150 Parramatta, NSW, Australia
185 likes
- Tissot Bookkeeping
Business service Financial service
+61 425 231 968
3 Sorrell Street 2150 Parramatta, NSW, Australia
90 likes
- ITP
Tax preparation service Financial service
+61 2 9807 3833
192 Blaxland Road 2122 Ryde, NSW, Australia
0 likes
- Zetta Partners
Tax preparation service Financial service Business consultant Financial consultant
+61 497 009 800
91A Bridge Rd 2145 Westmead, NSW, Australia
6101 likes