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 […]
Tag: Forecast
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 […]
Data centres forecast to drive commercial growth
Data centre jobs are expected to drive commercial construction growth in the next two years, according to two new reports. PWC’s construction and housebuilding outlook, […]
NZD/JPY Price Forecast: Bounces off 7-month low, but downtrend remains
NZD/JPY must break above 85.03 (Tenkan-Sen) to extend recovery. Key resistance levels lie at 85.40 (Senkou Span A) and 85.66 (Kijun-Sen). Failure to hold above […]
USD/CAD Price Forecast: Pulls back from multi-year highs near 1.4500
USD/CAD retreats from 1.4485, the highest level since March 2020, approached on Monday. The bullish bias remains intact, with the 14-day RSI holding above the […]