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- August 29, 2023
- Technical Analysis
Gold Price Outlook: XAU/USD May Rise as Retail Traders Become Bearish
Gold prices have extended a cautious march towards a key falling trendline from earlier this year. With retail traders becoming more bearish, will XAU...
- August 29, 2023
- Market News
British Pound Forecast: GBP/USD Awaits NFP as GBP/JPY Cheers Ueda’s Dovish Views
This article delves into GBP/USD and GBP/JPY through a technical lens, dissecting pivotal support and resistance levels that warrant close observation...
- August 29, 2023
- Market News
Gold’s Path Hinges on US Jobs Report Amid Fed’s Data Emphasis, XAU/USD Levels
Gold rises on Monday, consolidating above its 200-day moving average, but gains are limited as traders take a cautious stance ahead of key U.S. jobs d...
- August 28, 2023
- Market News
Japan Maintain Economic Outlook, USD/JPY Catches its Breath at Weekly High
The Yen enjoyed a brief moment of strength in the Asian session, largely on the back of Dollar weakness. USD/JPY continues to hover around 146.50 resi...
- August 28, 2023
- Market News
USD/ZAR Price Forecast: BRICS & Jackson Hole Oppose Rand Upside
ZAR prices begin the week on the backfoot as consequences from both the BRICS summit & Jackson Hole keep the rand suppressed....
- August 28, 2023
- Market News
EURO Forecast: EUR/USD, EUR/GBP Eye Reprieve Following Testing Week
EURO Bulls look poised to make a move on this low liquidity Monday with the UK on a bank holiday. A fresh bout of stimulus from China helps sentiment ...
- August 28, 2023
- Market News
XAU/USD Price Forecast: Gold Retains Gains Post-Powell
Gold prices look tentative this week ahead of key US economic data including GDP, Core PCE and NFPs. XAU/USD holds above $1900/oz....
- August 28, 2023
- Market News
Australian Dollar Boosted by Hang Seng Uplift on China’s Tweaks. Will AUD/USD Recover?
The Australian Dollar drifted higher today after China continued to announce measures to backstop a struggling economic outlook amid the Jackson Hole ...
- August 28, 2023
- Market News
US Dollar Flirts with Resistance After Powell; EUR/USD, GBP/USD, AUD/USD Price Action
The USD is holding gains against its peers after Powell warned of more tightening to bring down inflation to the 2% target. What is the outlook for EU...