Moon-ForexAcademy

Moon-ForexAcademy Updated 

XAU / USD trend forecast next week: 3 - 7 Feb, 2025 After the report, the US Dollar strengthened, causing Gold to give up some of its earlier gains above $2,800. If Bullion fails to secure a daily close above this level, it could lead to profit-taking ahead of next week’s US Nonfarm Payrolls data. A previous Reuters report indicated that the US would delay...

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XAU / USD trend forecast January 31, 2025 Gold prices surged to a new all-time high of $2,798 on Thursday after US economic data signaled a slowdown, reinforcing expectations that the Federal Reserve may need to cut interest rates, despite keeping them unchanged in Wednesday’s meeting. As of now, XAU/USD is trading at $2,794, up 1.31%. The precious metal...

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EURGBP trend forecast January 31, 2025 The EUR/GBP pair bounces back to around 0.8370 in early European trading on Thursday, ending a five-day losing streak. However, the upside may remain limited due to the European Central Bank's (ECB) dovish stance. Market participants will focus on the ECB’s interest rate decision and the preliminary Eurozone Gross...

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AUDUSD trend forecast J anuary 31, 2025 The Australian Dollar (AUD) attempts to end its four-day losing streak against the US Dollar (USD) on Friday. However, the AUD/USD pair remains under pressure due to a risk-off mood triggered by renewed tariff threats from US President Donald Trump against China. Investors are closely watching for further details on...

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XAU / USD trend forecast January 30, 2025, SCALPING Gold prices (XAU/USD) continue to trade within a narrow range as the European session approaches, staying near the record high reached earlier on Friday. Market participants remain wary of the potential economic consequences of US President Donald Trump’s proposed tariffs. Additionally, ongoing geopolitical...

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USDJPY trend forecast January 31, 2025 US economic data put pressure on the Greenback, as fourth-quarter 2024 Gross Domestic Product (GDP) growth slowed from 3.1% to 2.3%, falling short of market expectations of 2.6%. Additionally, the US Department of Labor reported that Jobless Claims for the week ending January 25 rose by 207K, coming in below the projected...

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XAU / USD trend forecast January 30, 2025, US session The London Bullion Market Association has introduced the Gold Bar Integrity Database, a system designed to track the origin of gold and prevent metal sourced from criminal networks or conflict regions from being stored in bank vaults. Additionally, the database aims to keep counterfeit bars, falsely marked...

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USDJPY trend forecast January 30, 2025 USD/JPY declines despite the Fed’s removal of inflation-related language. The Federal Reserve's policy statement emphasized the strength of the labor market while stating that the risks to its dual mandate objectives are "roughly balanced." Officials acknowledged steady economic growth and reaffirmed their commitment to...

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GBPUSD trend forecast January 30, 2025 The US fourth-quarter Gross Domestic Product (GDP) data is set for release on Thursday. Market expectations indicate a slowdown in annualized GDP growth, with a projected figure of 2.6%, down from the previous 3.1%. Inflation remains a concern, and the Q4 GDP Price Index is anticipated to rise to 2.5% from 1.9%. On...

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XAU / USD trend forecast January 30, 2025 Gold prices dipped following the Federal Reserve's (Fed) decision to maintain a hawkish stance. The Fed removed specific inflation-related language, signaling a shift toward keeping interest rates steady. XAU/USD experienced volatility, fluctuating between $2,750 and $2,740, as Fed Chair Jerome Powell addressed the...

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XAU / USD trend forecast January 30, 2025 , SCALPING The Federal Reserve kept interest rates unchanged on Wednesday and indicated that there is no urgency to cut borrowing costs until inflation and employment data justify such a move. During the post-meeting press conference, Fed Chair Jerome Powell emphasized that political factors would not influence the...

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XAU / USD trend forecast January 29, 2025 , SCALPING Additionally, worries surrounding US President Donald Trump's tariff policies could help prevent further declines in Gold prices, especially given the subdued movement in the US Dollar (USD). Investors may also choose to remain cautious and avoid making bold trades ahead of a crucial central bank event—the...

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USDCHF trend forecast January 29, 2025 The USD/CHF regains footing after experiencing a 0.45% decline on Monday due to widespread US Dollar weakness. Despite briefly testing the convergence of the 50-day Simple Moving Average (SMA) and a support trendline stemming from the October 2024 lows at 0.8982, buyers stepped in to lift the pair above the 0.9000 mark....

Moon-ForexAcademy Updated 

XAU / USD trend forecast January 29, 2025 Gold prices rebounded from fresh four-day lows and climbed higher on Tuesday as US equities recovered from Monday’s downturn, while the precious metal benefited from increased safe-haven demand. Uncertainty surrounding US President Donald Trump’s trade policies kept investors cautious, driving them toward gold. As a...

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AUDUSD trend forecast January 29, 2025 Australia’s Consumer Price Index (CPI) grew by 0.2% quarter-on-quarter in Q4 2024, maintaining the same pace as the previous quarter but falling short of the anticipated 0.3%. On an annual basis, CPI inflation slowed to 2.4% in Q4, down from 2.8% in Q3 and below the market projection of 2.5%. The Monthly CPI for December...

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XAU / USD trend forecast January 28, 2025 Gold prices fell by more than 1% late Monday during the North American trading session, driven by a broader market sell-off sparked by heightened interest in Chinese AI firm DeepSeek. Despite the drop in US Treasury bond yields, the precious metal struggled to gain upward momentum. Meanwhile, the US Dollar recovered...

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XAU / USD trend forecast January 28, 2025, SCALPING Gold prices (XAU/USD) face selling pressure after climbing toward the $2,745 level during the Asian session, declining for a second consecutive day on Tuesday amid renewed demand for the US Dollar (USD). US President Donald Trump’s renewed tariff threats have reignited inflation concerns, prompting a modest...

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USDJPY trend forecast January 28, 2025 Japan’s Economy Minister, Ryosei Akazawa, stated on Tuesday that he “will carefully observe the economic effects of the rate hike.” Meanwhile, the Bank of Japan (BoJ) revealed plans to inject JPY 200 billion through a direct purchase of commercial paper. Additionally, the BoJ announced that it would offer US Dollar...