Weekly Forex Forecast \u2013Gold, EUR/USD, GBP/USD, Bitcoin

which made the highest weekly close seen since April this year. The price also reached a new long-term high and closed above the high of last week - these are bullish signs.price can probably advance quite easily to the big round number at $2,000the technical picture still looks bullishprint a small bullish near-doji candlestick

which made the highest weekly close in ten months. The price also reached a new long-term high - these are bullish signs, but it must be said the bullishness is looking a bit weakprice can probably advance quite easily to $1.0937 at leastthe technical picture still looks bullishhe price of this currency pair is likely to continue to rise this week, in line with its long-term trend. Long-term trends are statistically notably reliable in this currency pair.

The advance by the Pound was boosted by relatively high UK inflation data, currently sitting at an annualized rate of 10.5%, which is making the market think that the Bank of England will be very likely to make further rate hikes soon., in line with its long-term trend. However, bulls should watch out for the yearly high at $1.2437, which is likely to act as strong resistance

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Forex Risk Management Techniques and StrategiesMastering risk management in Forex trading is crucial for your success. How can you measure risk management? Find the tips that will add to your profitability.
Source: Daily_Forex - 🏆 567. / 51 Read more »

Bitcoin Gains Another 12% Weekly, Altcoins Lag Behind, Genesis Files for Bankruptcy: The Weekly RecapCrypto markets are painted in green on the weekly, despite the string of bad news. Bitcoin's dominance keeps expanding, as altcoins are lagging behind.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

DeFi should complement TradFi, not attack it: Finance RedefinedA new report suggest decentralized tech can help forex markets could cut down the transaction cost by 80%. Next gonna be promoting cbdc's. Most now know CryptoCapo_ was taking money from FTX. Who's funding coin telegraph? Smell of fish off ya
Source: Cointelegraph - 🏆 562. / 51 Read more »

Global stocks set for weekly loss as rate rise worries temper China reopening cheerGlobal stocks were set for their first weekly loss of the year so far, as a rally driven by hopes of China fuelling a global economic recovery was tempered by central bankers vowing to persist with rate hikes.
Source: Reuters - 🏆 2. / 97 Read more »

Gold ticks higher, heading for 5th straight weekly advanceGold futures edge higher Friday, with the yellow metal on track for a fifth straight weekly gain Here's what folks should be buy....actual $$$$$$$$
Source: MarketWatch - 🏆 3. / 97 Read more »

Oil heads for weekly gain on optimism over China demandOil futures rise Friday, with major benchmarks on track for a second weekly gain on optimism over Chinese demand as the country sheds COVID curbs. 😢
Source: MarketWatch - 🏆 3. / 97 Read more »