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Forex
US Dollar does not move away in easy Monday
The US Dollar is flat to marginally gaining against most major peers.
All eyes are on the US inflation print for July being released on Wednesday.
The US…
AUD/USD establishes short-term uptrend and next targets the 200-period SMA
AUD/USD reversed off the August 5 lows and struck higher, establishing a new uptrend.
The pair could even see further gains up to the 200-period SMA in the…
GBP/USD: Bears to break the support at 1.2710 – UOB Group
The Pound Sterling (GBP) is expected to drift lower; given the mild downward pressure, any decline is unlikely to break the support at 1.2710, and the chance…
EUR/GBP Price Forecast: Finds temporary support near 0.8550 ahead of UK data
EUR/GBP finds interim cushion near 0.8550 with investors focusing on the UK data.
UK’s Average Earnings Excluding Bonuses are estimated to have declined to…
EUR/USD: Bears can break below 1.0875 – UOB Group
The Euro (EUR) is likely to consolidate between 1.0895 and 1.0930. If EUR breaches 1.0875, it would mean that the likelihood of it rising to 1.1010 has faded,…
Silver Price Forecast: XAG/USD appreciates to near $28.00 due to safe-haven flows
Silver prices edge higher as tensions in the Middle East drive traders to seek safe-haven assets.
The Israel Defense Forces intercepted approximately 30…
Forex Today: Markets remain focused on geopolitics to start the week
Here is what you need to know on Monday, August 12:
Investors adopt a cautious stance at the beginning of the week as they keep a close eye on developments…
EUR/USD Price Forecast: 1.1000 appears to be a tough nut to crack for buyers
EUR/USD holds positive ground near 1.0920 in Monday’s early European session.
The pair keeps the positive vibe above the 100-day EMA, with a bullish RSI…
Japanese Yen remains tepid on low trading due to Japanese Holiday
The Japanese Yen declines due to low trading as traders observe the Mountain Day holiday in Japan.
The US Dollar receives support due to diminished odds…
Gold price bulls not ready to give up amid Middle East tensions, Fed rate cut bets
Gold price lacks firm intraday direction on Monday amid a combination of diverging forces.
A positive risk tone caps gains, though geopolitical risks and…