Gold–07.02.2025 – Orbex Forex Trading Blog

The chart of the UK stock index FTSE 100 (UK 100 on FXOpen) shows prevailing positive sentiment in the market. The right side of the daily chart displays a series of bullish candles, with a likelihood of this trend continuing today, as the price has been rising since the market opened. This optimism is likely…

Trump’s clean sweep saw a significant rise in the US Dollar and Yields. Can it continue? Data in focus next week, US CPI data is due with potential implications for Federal Reserve policy and interest rate decisions. US Dollar Index (DXY) breaks above key level of 105.00. Where to next for the Greenback? Read More:…

AUD/USD’s rally from 0.6348 extended higher last week and with late break of 0.6642 temporary top, initial bias is back on the upside this week. Further rise should be seen to 0.6798 resistance next. On the downside, below 0.6569 minor support will turn bias to the downside for retreat. In the bigger picture, overall, price…

Gold Price Drop to $2,315 Source: Action Forex Gold has experienced a significant decline, testing the $2,315 zone. A key declining channel is forming with resistance around $2,345 on the 4-hour chart. Meanwhile, EUR/USD maintains gains above 1.0850, and GBP/USD appears to be aiming for further gains above 1.2800. Gold prices began a fresh decline…