
Gold forecast: XAU/USD breakout needs confirmation
Gold prices rallied sharply today, reversing yesterday's losses and some. It is quite common for markets to reverse the FOMC-.
Follow the latest financial and economic news, market updates, reports, and analysis on PipVero.

Gold prices rallied sharply today, reversing yesterday's losses and some. It is quite common for markets to reverse the FOMC-.

Euro gains against US Dollar as post-Fed rally loses momentum

Gold reclaims its 50-day EMA as the U.S. 10-year yield retreats from 5%, though weak momentum keeps $4,500 resistance in focus.

NZD/USD Elliott Wave: Price reaches an extreme zone from the 0.5897 peak

Canadian Dollar remains under pressure as USD/CAD flirts with 1.4000

Silver trades near $66 as falling U.S. rates offer support, while $60–$70 continues to define the broader range.

Euro: Downside levels in focus against US Dollar – UOB

Dollar Swiss franc breakout momentum is confirming a fourth straight weekly advance as Federal Reserve revisions lift the dollar. Michael Boutros, StoneX Media Senior Market Analyst, walks through the weekly, daily and four hour picture on Dollar Swiss and what is driving it.

GBPUSD seems building a downtrend channel where market support is around 1.3370 and resistance at 1.3500. As we see over the chart, the market could hold this trading channel.

USDJPY moved higher to close towards the resistance zone at 156.75-157.40. As we see over the chart the market is facing a support zone around 153.90-154.40, where as long as prices hold above it, a chance for more advance towards the 156.75-157.40 resistance zone is likely.

Improving sentiment reverses post-FOMC moves: Gold and Silver rebound

Gold still holding inside the Falling Wedge formation which indicates another rebound wave toward 4510 is under construction. Support zone is at 4230-50 and 4200 while resistance remains at 4350-70.

Midweek technical look on US500, OIL, USD/JPY

Silver price rebounds on softer Oil but Fed tightening caps recovery

Gold recovers after Fed-led sell-off, but hawkish outlook caps gains