In this article, we have covered the highlights of global market news about the USD/CNH, USD/JPY, AUD/USD and GBP/USD. USD/CNH: A sustained decline below 6.7000 is improbable, according to UOB A convincing break of 6.7000 ...

Gold price prediction: XAU/USD soars to above $1,900, a new multi-month high after US CPI

by admin · January 12, 2023 ·

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Following the publication of the US inflation data, gold prices reach a new multi-month high. The critical US CPI data reinforces wagers on more gradual Fed rate increases and strengthens ...

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4 Global Market Updates- 12 January, 2023

by admin · January 12, 2023 ·

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In this article, we have covered the highlights of global market news about the EUR/USD, NZD/USD, USD/CAD and GBP/USD. EUR/USD breaks through 1.0800 with the release of US CPI data. EUR/USD accelerates more quickly ...

USD/JPY bulls target a breach of a major daily barrier with US CPI watched.

by admin · January 11, 2023 ·

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The US CPI report is the next significant planned driver for the USD/JPY market. The price coiling may develop an inverted daily head and shoulders pattern. The USD/JPY seeks to rise ...

4 Global Market Updates- 11 January, 2023

by admin · January 11, 2023 ·

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In this article, we have covered the highlights of global market news about the EUR/USD, NZD/USD, USD/JPY and AUD/USD. EUR/USD might hit 1.09 as FX options market confidence grows - ING EUR/USD is still slightly bid. ...

4 Global Market Updates- 10 January, 2023

by admin · January 10, 2023 ·

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In this article, we have covered the highlights of global market news about the EUR/USD, GBP/USD, AUD/USD and USD/CNH. EUR/USD might go over last May's high of 1.0785 - ING Yesterday, EUR/USD was able to edge ...

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XAG/USD falls from multi-day high; bullish technical setup

by admin · January 9, 2023 ·

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Over $24.00, silver finds it difficult to take advantage of its small intraday gains. The technical configuration favors bullish traders and enhances the likelihood of future gains. A decisive breach below ...

4 Global Market Updates- 9 January, 2023

by admin · January 9, 2023 ·

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In this article, we have covered the highlights of global market news about the AUD/USD, GBP/USD, USD/JPY and EUR/USD. AUD/USD: Look for more gains now around 0.6950 - UOB The AUD/USD pair may rise to the ...

Gold (XAU/USD) Hits $1,850 Support Retains Against Earlier Resistance.

by admin · January 7, 2023 ·

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The technical outlook for gold (XAU/USD): Bullish over $1,850 Prices of gold recovered after overcoming a significant technical obstacle. Bulls in the XAU/USD market aim for Fibonacci resistance from the last ...

USD/JPY falls below 133.00 on US Dollar weakening and NFP data

by admin · January 6, 2023 ·

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Price analysis for the USD/JPY: Likely to be strongly bearish below 133.00. Despite the tight labor market, the US Nonfarm Payrolls statistics for December reduced the value of the US ...