Gold Price Coils Tightly as Bulls Move Back In, Market Remains on Edge
EURUSD: An explosive holiday season breakout could be on the cards. USDJPY: In an effort to rectify the US Dollar’s
EURUSD: An explosive holiday season breakout could be on the cards. USDJPY: In an effort to rectify the US Dollar’s
EURUSD: The EUR/USD is marching towards 1.0700 as the US Dollar falls ahead of key PMIs. USDJPY: In an effort
EURUSD: Buyers maintain the pressure ahead of the weekly close: USDJPY: USD/JPY recovers from a multi-day low, remaining below the
EURUSD: EUR/USD reflects the market’s cautious mood as it trades near a five-month high near 1.0530 early Friday. USDJPY: The
EURUSD: Weekly close above 200DMA at 1.0380 to reinforce bullish momentum. USDJPY: The rally of USD/JPY was capped by the
EURUSD: The EURUSD fell during the American session to 1.0325 and then rose quickly back to the 1.0350 area, on
EURUSD: EURUSD consolidates the biggest weekly gains since March 2020 as it prints a 0.70% intraday loss, the first in
EURUSD: In Friday’s US afternoon trading, the euro has pushed higher, with the pair already hitting session highs at 0.9960.
In the face of rising Treasury yields, the price of gold is projected to drop for a second consecutive week.
The US dollar’s strength and aggressive monetary tightening continue to make conditions difficult for the gold market. By the end