Analysis

Gold Supported by Cautious Optimism

Gold Supported by Cautious Optimism

Gold is holding at around 4,611 USD per ounce on Monday as markets assess Donald Trump’s proposal to escort commercial vessels through the Strait of Hormuz, alongside tentative signs of progress in US–Iran negotiations.
RoboForex | 185 days ago
Gold hits key resistance barrier and pulls back

Gold hits key resistance barrier and pulls back

Gold hits 4,640 and pulls back on new Hormuz tensions - A break below 4,510 could invite more bears and aim for 4,345 - Both the RSI and the MACD are detecting bearish momentum - Rebound above 4,840 is needed for outlook to start looking bullish
XM Group | 185 days ago
Bitcoin hits $80K

Bitcoin hits $80K

The crypto market has reached $2.64T (+1.4%), with Bitcoin exceeding $80K with the next key milestone is $85K. Dash (+30%) and BAT (+10.2%) are leading the way. Even the underdogs are in the black.
FxPro | 185 days ago
The dollar welcomes Powell’s decision to stay on

The dollar welcomes Powell’s decision to stay on

The US dollar has received positive news from the Fed, the oil market and the US economy. Jerome Powell remains on the FOMC, Brent crude has surpassed $120 per barrel, and orders for durable goods (excluding aircraft and military equipment) jumped by 3.3% in March.
FxPro | 189 days ago
Fed split pushes yen past 160, oil surges on fresh Iran fears

Fed split pushes yen past 160, oil surges on fresh Iran fears

Three-way split at Fed livens up Powell’s last meeting, puts yen in jeopardy. Oil prices jump again as Trump signals impatience with Iran. Stagflation fears overpower equities despite bumper tech earnings. But FX markets largely calm as ECB and BoE decisions awaited.
XM Group | 189 days ago