#forexgroup

centfx limitedcentfx
2024-08-18

Centfx
Updated end-of-day gold price projection for August 18, 2024
In order to resume the main bullish track and head towards expected gains in the upcoming sessions, gold price rallied higher, breaking through the 2483.40$ level and testing the 2500.00$ barrier. It is important to note that holding above 2483.40$ is crucial to the expected rise continuing.

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centfx limitedcentfx
2024-07-10

Centfx
Forecast for Silver Prices: US Inflation is the main emphasis, and XAG/USD remains in a narrow range around $31.
Wednesday's Asian session saw sideways trading near $31.00 for the silver market (XAG/USD). Even though Federal Reserve (Fed) Chair Jerome Powell stated that threats to the Fed's dual mandate are well balanced in his semi-annual Congressional speech on Tuesday, the white metal continues to

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centfx limitedcentfx
2024-05-14

Centfx
Crude oil prices are testing resistance. Today's forecast is for May 14, 2024.
The price of crude oil rose further to test the resistance line at 79.6$. From there, you can see that the price starts to rebound bearishly, and the EMA50 meets this level to reinforce it. This suggests that the expected bearish trend for the coming period will likely resume, with its targets starting at 77.64$ and reminding you that breaking
centfx.com

centfx limitedcentfx
2024-03-11

Centfx
Analysis of the EUR/USD price: Stays below the key resistance level of 1.0950
Amidst a steady US Dollar (USD) and positive US Nonfarm Payrolls published on Friday, EUR/USD is moving sideways. The pair is trading at 1.0940 on Monday during Asian trading hours. The eight-week high of 1.0981, which was reached in the previous session, is the next immediate resistance barrier at 1.0950 level

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centfx limitedcentfx
2024-02-17

Centfx
Evening analysis of the EURUSD update
The EURUSD pair broke above the 1.0765 level and is attempting to hold it in order to signal a turn towards the upside in the near future. It is important to note that closing above this level today will encourage intraday gains that primarily aim to reach the 1.0860 level, while trading below it will reactivate the bearish trend scenario, with its next target at 1.0645.

centfx.com

centfx limitedcentfx
2024-02-12

Centfx
Forecast: More price increases for Brent oil - Analysis - 12/02/2024
The price of Brent oil is exhibiting weak trades, settling at the 82.00$ level. In order to restart the bullish trend and move towards 83.87, which is our next major station, the price of Brent oil has to build up positive momentum. As long as the EMA50-supported 81.00 level holds, the bullish trend scenario is still in effect. However, a breach of this

centfx.com

2023-08-30

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