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Gold Weekly Forecast: Geopolitics Could Push to New ATH
Gold weekly forecast is bullish amid geopolitical tension. Cooling US inflation data, which weighs on the dollar, boosted demand for gold. Market participants are now eyeing the FOMC meeting minutes. The gold weekly forecast turns strongly bullish, with an eye on testing the all-time highs around $3,500. The recent geopolitical tension stemming from the Israel-Iran…The…
AUD/JPY Price Forecast: Holds losses to near 104.00, RBA rate decision looms | FXStreet
The AUD/JPY cross attracts some sellers near 104.05 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) as the Bank of Japan (BoJ) Summary of Opinions from the January 22-23 meeting revealed growing hawkishness. Board members warned against falling “behind the curve” on inflation and called for timely rate…
EUR/USD Outlook: Weak Data Deflate Euro But Larger Bulls Remain in Play – Action Forex
EURUSD was sharply down on Monday morning after weaker than expected German and French PMI’s (German manufacturing PMI at 40.3 warns of recession) soured sentiment. Fresh weakness adds to reversal signals from recent repeated strong upside rejections on approach to pivotal 1.1200 barrier (Aug 26 high / round-figure). Bears cracked lower pivots at 1.1100 zone…
What Is the Difference Between Pip and Point in Forex? – Edge-Forex
The difference between pip and point in forex might seem subtle, but it plays a big role in trading accuracy. Many beginners use the two terms interchangeably, which can lead to major mistakes in trade size, stop-loss placement, and profit calculations. Traders need to be precise, especially in a market where a small decimal error…
Euro stalls as Oil shock keeps the US Dollar in play | FXStreet
The Euro consolidates within familiar levels on Tuesday, flatlines around 1.1630s as the US Dollar recovers some ground, underpinned by high Oil prices amid halted US-Iran talks, even though US President Donald Trump says this is fake news. EUR/USD flatlines as oil risks counter AI-fueled risk appetite Risk appetite is positive, driven by the AI…
