The gold forecast remains tilted to the downside, aiming to test $4,400 as the dollar recovers ahead of the US NFP. The upbeat US ISM Services PMI weighed on gold, igniting a sell-off. The gold’s downside is limited by the easing Fed and China’s continued buying of physical gold. Gold price remains softer, trading under……
EUR/USD price remains bearish below 1.1700 as the dollar recovers after upbeat data. Disappointed German retail sales data weighs on the euro. Markets await Friday’s NFP data for a decisive directional bias. The EUR/USD price stays under pressure, extending its decline for a third consecutive session as the US dollar finds support from upbeat data…….
The USD/JPY forecast tilts to the downside as BoJ-Fed divergence favors yen. Risk-off sentiment strengthens yen but limits gains amid dollar’s own haven appeal. Today’s US ADP jobs report is crucial to watch, along with the US ISM PMI and JOLTS data. The USD/JPY remains under mild pressure as the Japanese yen continues to find……
The gold outlook remains constructive despite profit-taking at the $4,500 level. Geopolitical risks and a weaker dollar continue to favor the bullion. Market participants now eye the US ADP report with more focus on Friday’s NFP. After a robust two-day rally, gold prices have paused near the $4,500 mark. Buyers are exhibiting some reluctance as……
The USD/CAD forecast remains defensive as the dollar loses momentum amid improved sentiment. Dismal US PMI and accommodative Fed keep the greenback softer. Declining energy prices cap the gains in CAD, especially after the situation in Venezuela. During Tuesday’s London session, the USD/CAD price is on the defensive, continuing a slight decline from the 1.3815……
The AUD/USD outlook stays mildly bullish as the dollar loses traction after improved risk sentiment. AFR survey reveals the odds of the RBA tightening, while the US Fed is expected to ease further. Technically, the price lacks follow-through momentum amid overbought conditions. After recording two straight sessions of gains, the Australian dollar continues its comeback……
The GBP/USD forecast edges lower as risk sentiment deteriorates, leading to increased flows to the safe-haven dollar. Pound’s downside remains limited amid Cautious BoE and accommodative Fed. Technically, 100-MA holds from further losses, but bearish pressure remains intact. After a brief bearish gap, GBP/USD began the new week cautiously, slightly falling below the mid-1.3400s. Although……
The USD/JPY price analysis reveals a strong uptrend amid the US-Japan yield differential and rising dollar flows during risk-off market conditions. Carry dynamics favor the USD after risk-off sentiment is triggered by the Venezuelan operation. Markets are now turning their attention to the US jobs and PMI data due this week. The USD/JPY has started……
The USD/CAD weekly forecast remains in a gradual downtrend amid a weaker greenback. BoC and Fed divergence could remain favorable for the USD/CAD sellers. Job reports from both sides, due next week, will be key to watch. The USD/CAD closed last week under pressure, extending a gradual downward trend that began in late 2025. Both……
The Gold weekly forecast remains positive as macro dynamics favor gold’s broad uptrend. Fed easing and geopolitics continue to provide a floor under the gold price. The technical bias for gold remains bearish, awaiting a breakout near the 20-day MA. The gold price ended last week on a steady footing, closing the year with an……
