XAU/USD Thursday will see a new supply of gold as Fed rate expectations are fueled by concerns about energy-related inflation. The safe-haven USD is supported by growing US-Iran tensions, which helps explain the intraday decline. The technical setup...
Gold Analysis The XAU/USD currency pair maintains a short-term bearish bias below the 200-day Simple Moving Average (SMA) and inside a larger downward parallel channel. Yet, mixed momentum indicators—a marginally positive Moving Average Convergence...
Fundamental Analysis The EUR/JPY cross continues to exhibit a firm bullish bias, consolidating just below the psychological milestone of 186.00 and trading at 185.75. The primary driver behind the persistent weakness of the Japanese Yen (JPY) stems...
XAU/USD Fears of continuously high inflation cause the price of gold to plummet to around $4,030.Following a drone strike on the Basra facility, Iraq suspends the loading of oil from all of its terminals.President Trump of the United States...
NZDUSD H2 Technical Analysis: Rising Channel, Testing Midline Support. NZDUSD is trading at 0.58428 on the 2-hour chart and remains inside a clear ascending channel. The H2 timeframe shows a strong rally from 0.58054 that pushed price up toward the...
