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Gold is up after the Fed’s meeting

Commodities market

Oil prices rose more than $1 today, buoyed by improved risk appetite. Brent crude futures rose 1.1%, and WTI crude futures rose 1.3%.

Key tickers:

Brent: 103.19 — strong buy.

WTI: 98.81 — strong buy.

NG: 8.559 — strong sell.

Foreign exchange market

The U.S. dollar dropped to a …

Gold analysis


Gold managed to rise with the support of the American news and is approaching the target 1746.80 in an attempt to complete the bullish path, which is confirmed by breaking the mentioned resistance level. The next target will be the level of 1765.00.

The ascending path comes with the support …

GBP/USD currency pair analysis


The pound sterling dollar pair rushed upwards and reached the first target at the level of 1.2175 and is trying to breach it and complete the ascending path and reach the level of 1.2260. This is supported by the positive support of the moving averages and the positive signal of …

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