XAU / USD trend forecast February 13, 2025 , Scalping European session Gold prices (XAU/USD) extend their rebound from the $2,864 level reached following stronger-than-expected US inflation data, maintaining upward momentum for the second consecutive day on Thursday. A renewed decline in US Treasury bond yields weighs on the US Dollar (USD), providing support...
GBPUSD trend forecast February 13, 2025 GBP/USD hovers around the 1.2450 mark, navigating a neutral technical zone as traders brace for the release of the UK’s latest Gross Domestic Product (GDP) data. Meanwhile, inflation concerns persist, with the US Consumer Price Index (CPI) accelerating in January. Market participants now turn their focus to Thursday’s US...
XAU / USD trend forecast February 12, 2025 ⚠️ Gold prices retreated slightly during the North American session on Tuesday, slipping by a modest 0.18% after soaring to an unprecedented peak of $2,942 earlier in the day. Escalating trade tensions, fueled by US President Donald Trump’s imposition of fresh tariffs, propelled the precious metal to record highs...
XAU / USD trend forecast February 12, 2025 , Scalping European session Gold price (XAU/USD) faces renewed selling pressure for the second consecutive session on Wednesday, retreating toward the $2,885 mark with a daily decline of approximately 0.45%. The precious metal remains weighed down by the US Dollar’s resurgence, spurred by Federal Reserve (Fed) Chair...
USDJPY trend forecast February 12, 2025 The Japanese Yen (JPY) continues its downward trajectory for the third consecutive day on Wednesday, slipping to a one-week low against the US Dollar during the Asian session. Mounting concerns over the potential economic repercussions of US President Donald Trump’s uncompromising tariffs on commodity imports weigh on...
XAU / USD trend forecast February 11, 2025 Gold prices soared to unprecedented heights on Monday, breaching the $2,900 threshold and peaking at a record $2,911, as US President Donald Trump imposed sweeping 25% tariffs on base metals. Fears of economic turbulence and surging inflation prompted investors to flock to the safe-haven asset, propelling the...
USDCAD trend forecast February 11, 2025 The USD/CAD pair gains momentum, approaching the 1.4320 mark late in the American session on Monday, as the US Dollar (USD) strengthens amid rising economic uncertainty and escalating trade tensions. Investors remain cautious ahead of Federal Reserve (Fed) Chair Jerome Powell’s much-anticipated semi-annual testimony on...
GBPUSD trend forecast February 11, 2025 The Pound Sterling (GBP) regains momentum against its major counterparts during European trading on Tuesday, as market participants eagerly await Bank of England (BoE) Governor Andrew Bailey’s address at the University of Chicago Booth School of Business in London at 12:15 GMT. Investors will scrutinize his remarks for...
XAU / USD trend forecast February 11, 2025, Scalping Gold prices (XAU/USD) pause their minor intraday retracement from a newly established record high, maintaining a firm upward trajectory well above the $2,900 threshold in early European trading on Tuesday. The latest tariff measures imposed by US President Donald Trump on commodity imports, coupled with his...
USDJPY trend forecast February 11, 2025 The Japanese Yen (JPY) garnered renewed safe-haven demand during the Asian session on Tuesday as investors reacted to US President Donald Trump’s latest tariffs on steel and aluminum imports. Heightened geopolitical and economic uncertainties further reinforced the Yen’s appeal, drawing capital away from riskier...
XAU / USD trend forecast February 10, 2025 Gold prices (XAU/USD) continue their upward momentum, reaching around $2,865 in the early Asian session on Monday. The precious metal gains traction as rising trade tensions drive investors toward safe-haven assets. On Friday, US President Donald Trump announced his intention to introduce reciprocal tariffs on...
XAU / USD trend forecast February 10, 2025 , scalping Gold price (XAU/USD) remains strong in early European trading on Monday, hitting a new record high near $2,896-$2,897. Growing fears over the economic impact of Trump’s tariffs and rising US-China trade tensions drive demand for the safe-haven metal. Additionally, concerns that Trump’s protectionist...
USDJPY trend forecast February 10, 2025 The USD/JPY pair advanced by 0.48% to 152.10 on Friday, bolstered by the US Dollar’s strength amid cautious remarks from Federal Reserve officials. With the US labor market holding firm, traders are closely watching the upcoming Nonfarm Payrolls (NFP) report, which is projected to show a 175K increase in jobs for...
GBPUSD trend forecast February 10, 2025 The GBP/USD pair declines toward 1.239 during the Asian session on Monday, as the US Dollar strengthens following US President Donald Trump's pledge to implement reciprocal tariffs. Market attention now turns to the upcoming release of the US Consumer Price Index (CPI) for January, scheduled for Wednesday. On Friday,...
XAU / USD trend forecast February 7, 2025, SCALPING Gold price (XAU/USD) gives up a significant portion of its intraday gains as the European session approaches on Friday, though it continues to hover near the record high reached earlier in the week. The US Dollar (USD) edges higher as traders adjust their positions ahead of the highly anticipated US Nonfarm...
XAU / USD trend forecast February 7, 2025 Gold's upward momentum paused on Thursday as US Treasury bond yields rebounded and the US Dollar held onto slight gains. Investors appeared to be securing profits ahead of the upcoming US Nonfarm Payrolls report, which has the potential to introduce volatility into the financial markets. XAU/USD traded at $2,852,...
NZDUSD trend forecast February 7, 2025 The NZD/USD pair remains strong around 0.5680 during the Asian session on Friday. However, its upward momentum may be restricted as traders await the highly anticipated US Nonfarm Payrolls (NFP) data for January, set to be released later in the day. Meanwhile, China has filed a complaint with the World Trade Organization...
AUDUSD trend forecast February 7, 2025 The Australian Dollar (AUD) rebounds against the US Dollar (USD) on Friday, recovering from its recent decline. The AUD/USD pair gains support as tensions between the US and China ease, with US President Donald Trump and Chinese President Xi Jinping preparing to discuss possible tariff reductions. Waiting for AUDUSD to...