GBP/USD may find initial resistance at nine-day EMA of 1.3645 The 14-day Relative Strength Index holds slightly above the 50 mark, reinforcing a mild bullish […]
Tag: Forecast
EUR/CAD Price Forecast: Holds gains above 1.5750 due to persistent bullish bias
EUR/CAD may find the initial resistance at the nine-week high of 1.5845. The 14-day Relative Strength Index remains above the 50 level, suggesting a strengthening […]
Gold Price Forecast: XAU/USD threatens support as US NFP’s, USD strength caps gains
US NFP labor report eases expectations of a Fed rate cut, pushing XAU/USD prices lower. USD receives a boost from easing US-China tensions and better-than-expected […]
EUR/JPY Price Forecast: Keeps bullish vibe above 162.00, further consolidation cannot be ruled out
EUR/JPY weakens to around 162.35 in Friday’s early European session. Positive view of the cross prevails above the 100-day EMA , but further consolidation cannot […]
NZD/USD Price Forecast: Hovers around 0.5950, confines within a consolidation rectangle
NZD/USD could target the upper edge of its consolidation range around 0.6000. The 14-day Relative Strength Index (RSI) remains slightly above the 50 level, indicating […]
GBP/USD Price Forecast: Hovers around 1.3300 as nine-day EMA caps upside
GBP/USD faces initial resistance at the nine-day EMA of 1.3303. The 14-day RSI remains above 50, suggesting a bullish bias is still in play. A […]
GBP/USD Price Forecast: The bullish tone remains in play near 1.3300
GBP/USD attracts some buyers to near 1.3290 in Monday’s early European session. The positive view of the pair prevails above the key 100-day EMA with […]
NZD/USD Price Forecast: Extends rejection slide from 50% Fibo.; drops to 0.5900 neighborhood
NZD/USD drifts lower despite stronger NZD CPI print and snaps a six-day winning streak. A modest USD uptick fails to assist spot prices to make […]
Gold Price Forecast: XAU/USD attracts some sellers below $3,000 as Trump’s tariffs hit
Gold price slumps to near $2,985 in Monday’s early Asian session. The stock market selloff has prompted investors to cover losses. Intensifying trade war and geopolitical […]
Gold Price Forecast: XAU/USD holds positive ground above $3,100, all eyes on US NFP data
Gold price rebounds to around $3,115 in Thursday’s late American session. The heightened economic uncertainty supports the safe-haven demand, supporting the Gold price. Traders await […]