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Gold price plummets Friday, still eyes weekly gains over 1%
XAU/USD drops to $2,646 after September inflation data suggests progress toward the Fed’s 2% target. US 10-year Treasury yield falls five basis points, while the US Dollar Index dips by 0.16% to 100.41. Geopolitical risks rise as Israel strikes Lebanon, but Gold fails to gain momentum as traders cash in profits. Gold fell to a…
Australian Dollar Pulls Back from Highs on Weaker Data
The Australian dollar is undergoing a corrective decline after reaching recent highs, with the current move driven by market reaction to newly released macroeconomic data. Earlier gains in AUD were supported by improving global risk sentiment and steady demand for commodity-linked currencies. However, weaker labour market figures have prompted a reassessment of expectations and triggered…
Bullish Trend Remains Intact – Forex Market Analysis – ForexCycle.com
XRP/USD Elliott Wave Forecast: Correction Before the Next Leg Higher The Elliott Wave analysis on XRP/USD suggests a strong bullish trend, with a clearly defined five-wave impulsive structure. The chart begins with a corrective wave ((2)), marking the end of a prior bearish cycle. From there, the market initiated a new bullish sequence, forming an…
Golden Princess
Golden Princess is a professional automatic advisor using neural networks, designed specifically for trading gold on the H1 time frame. This trading robot, developed in accordance with my original strategy, simultaneously analyzes data from 6 indicators on three time intervals: M5, M30 and H1. Our program is the best example of advanced computing platforms for data…
EURCHF Buyers Regain Confidence as They Recover
EURCHF Buyers Fight to Reclaim Bullish Momentum EURCHF buyers have regained confidence, recovering from the 0.93570 key level. The currency pair has seen a shift in control as buyers recently wrested control from the bears, who had been dominating the market for some time. As the week draws to a close, buyers have staged a…
Gove claims still time for Tories to defy polls in general election – live
Gove: ‘We’re not in “Fergie time” yet’ Using a relatable football analogy, Secretary of State for Levelling Up, Housing and Communities Michael Gove has insisted there is still time for the Conservatives to defy the polls, saying: “We’re not in ‘Fergie time’ yet.” The Cabinet minister told Sky News: There are opinion polls, as I’ve…
