The global gold market is currently navigating a complex landscape of conflicting pressures. The US dollar's strength, fueled by robust employment data and a hawkish Fed stance, has exerted downward pressure on gold prices. This pressure is further...
The given text discusses the consolidation of the EUR AUD currency pair in a daily time frame, where it is confined within an inside bar pattern between the prices of 1.67417 and 1.64882. Additionally, the movement is limited by a symmetrical...
The USD/JPY pair experienced a decline during the European trading session, falling to a new low near 157.20. This downward movement was primarily attributed to hawkish remarks from Bank of Japan (BOJ) Governor Kazuo Ueda, which reinforced...
AUD/USD Technical Overview: As of today, January 15, 2025, I’m seeing the AUD/USD trading around 0.6198 USD per AUD. The 50-day moving average (MA) has recently crossed below the 200-day MA, which suggests a bearish trend, but I believe we might be...
The US dollar has been strengthening after the NFP data report and positive US unemployment rate. The gold price, which almost reached the psychological level of $2,700, has fallen to $2,656. However, it is still far from the $2,600 psychological...
