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

by admin · January 7, 2023 ·

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 ...

4 Global Market Updates- 6 January, 2023

by admin · January 6, 2023 ·

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In this article, we have covered the highlights of global market news about the USD/CNH, USD/JPY, EUR/USD and AUD/USD. USD/CNH: Solid support is aligned around 6.8400 - UOB For the time being, more losses in USD/CNH ...

Gold price forecast: The fall looks restricted as the XAU/USD stays low at $1,845

by admin · January 5, 2023 ·

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Despite a minor increase in the US dollar, the price of gold retreated from a seven-month high. The likelihood of Fed rate rises of a lower magnitude supports the metal ...

4 Global Market Updates- 5 January, 2023

by admin · January 5, 2023 ·

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In this article, we have covered the highlights of global market news about the NZD/USD, GBP/USD, EUR/USD and USD/CAD. NZD/USD mixed outlook: UOB The forecast for NZD/USD remains mixed, with the pair trading between 0.6200 and ...

AUD/USD strengthens near 0.6800 as risk flows pick up.

by admin · January 4, 2023 ·

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In a positive mindset, the AUD/USD is rising again over 0.6750. Risk flows and negative Treasury rates constrain the US Dollar bulls. Australian currency pair watches US ISM Manufacturing PMI ...