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Source: Forexcom News Agency
1 month ago
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Gold Update: Can XAU/USD Hold Above $4,500?

Gold Update: Can XAU/USD Hold Above $4,500?

As trading comes to a close this week, one of the most relevant themes across financial markets continues to be the strength displayed by gold in the short term. Over the last three trading sessions, the precious metal has gained nearly 7%, highlighting the return of a meaningful bullish bias within the market.

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Source: Forexcom
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Source: Forexcom News Agency
1 month ago
Forex Medium Importance AI Analyzed
US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY

US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY

USD/JPY bulls continue to bid dips and we saw that again after the surprise announcement of increased Treasury buybacks. And while the Japanese Yen is just 13.6% of the DXY basket, given that the USD/JPY pair is still more than 50% above the early-2021 level there's still the illustration of a crowded long trade.

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Source: Forexcom
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Source: ExchangeRates News Agency
1 month ago
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Euro-Franc Price News, Forecast: ING Targets a Return to 0.9400

Euro-Franc Price News, Forecast: ING Targets a Return to 0.9400

The EUR/CHF rate could be set to return to 0.9400 as low volatility favours franc-funded carry trades, while its quarterly path points to 0.93. The Euro to Swiss Franc (EUR/CHF) exchange rate held close to 0.9350 on Friday as ING argued that subdued volatility could renew demand for franc-funded carry trades.

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Source: ExchangeRates
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