Tag: Market trends

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Gold Prices Decline as Strong US Yields Boost US Dollar

Gold prices took a hit on Wednesday as the US Dollar strengthened, driven by the surge in US Treasury yields, ahead of the upcoming...
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USD/CNH Forecast: Potential Break Above 7.3000 to Reach 7.3100 – UOB Group

The US Dollar (USD) is expected to increase in value according to analysts at UOB Group. However, they do not foresee the USD reaching...
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Gold Price Drops to One-Week Low as Fed Turns Hawkish, US Data in Focus

Gold price has been on a downward trend for the past two days, hitting a one-week low during the Asian session on Wednesday. This...
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EUR/USD Forecast: Latest Analysis and Updates – Action Forex

EUR/USD is currently in a consolidation phase after reaching 1.0667, and the short-term bias is neutral. The resistance level at 1.0760 is expected to...
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FX Option Expiries Analysis for June 25th 10am NY Cut | Forexlive

Foreign exchange trading can be risky, and it may not be suitable for all investors. It's important to understand the risks involved and to...
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Weekly USD Analysis: US Dollar Index and Euro to Dollar Forecast – Action Forex

This week, the focus will be on speeches by Fed officials, with five out of eight scheduled appearances featuring hawkish members. This could push...
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Canadian Dollar Rises to High End in Quiet Monday Trading

The Canadian Dollar (CAD) saw a slight rise on Monday as the US Dollar weakened, providing some breathing room for the CAD against other...
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EUR/USD Forecast: Clearing 1.0760 Barrier Essential for Stronger Correction

The EUR/USD pair saw a bounce on Monday as traders took profits from the previous week's fall. Despite weaker than expected German Ifo data,...
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Bitcoin Price Analysis: Key Support Zone Revisited | Forexlive

Bitcoin faced a drop in price recently, despite positive news on inflation and growth. The drop was mainly due to a breach in key...
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USD/JPY Daily Forecast: Latest Analysis and Trends – Action Forex

The USD/JPY currency pair's daily forecast shows that the intraday bias is currently on the upside. The ongoing rally is expected to reach the...

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XTIUSD Price Analysis: Bullish Momentum Building Towards Key Resistance Area

The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63...