Moon-ForexAcademy

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USDJPY trend forecast January 14, 2025 The Japanese Yen (JPY) struggles to sustain the gains made against the US Dollar over the past three days and faces renewed selling pressure during the Asian session on Tuesday. Investors remain uncertain about the timeline for the Bank of Japan (BoJ) to hike interest rates again. Additionally, reports suggesting that top...

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GBPUSD trend forecast January 13, 2025 The GBP/USD pair consolidates in a bearish trajectory at the beginning of the week, trading near the 1.2200 mark during the Asian session, its lowest level since November 2023. The overall fundamental backdrop favors bearish traders, suggesting that the path of least resistance remains tilted to the downside. The British...

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XAU / USD trend forecast January 13, 2025 , SCALPING This follows the Federal Reserve's (Fed) hawkish pivot in December, diminishing expectations for additional interest rate reductions by the US central bank. As a result, US Treasury bond yields and the US Dollar have climbed higher. The yield on the benchmark 10-year US Treasury has surged to its highest...

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USDCAD trend forecast January 13, 2025 The USD/CAD pair continues its upward momentum, climbing near the 1.4430 level during the Asian session on Monday. Concerns over potential US trade tariffs weigh on the Canadian Dollar (CAD) against the US Dollar (USD). However, optimism surrounding a possible change in Canada's government and higher crude oil prices may...

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XAU / USD trend forecast January 13, 2025 Gold price (XAU/USD) hovers near $2,690 with slight losses during the early Asian session on Monday, weighed down by a broadly stronger US Dollar (USD). However, concerns regarding the uncertainty around the policies of the incoming President-elect Donald Trump administration may provide some support and limit Gold's...

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XAU / USD trend forecast January 10, 2025, SCALPING Gold price (XAU/USD) maintains its upward momentum for the fourth straight session, reaching a new four-month high near the $2,680 mark during early European trading on Friday. Ongoing geopolitical strains from the prolonged Russia-Ukraine conflict, escalating tensions in the Middle East, trade war concerns,...

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XAU / USD trend forecast January 10, 2025 On Wednesday, CNN reported that United States (US) President-elect Donald Trump is contemplating the possibility of declaring a national economic emergency. Such a move would grant him the legal authority to impose tariffs on both adversaries and US allies. Meanwhile, during the overnight session on Thursday, long-term...

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USDCAD trend forecast January 10, 2025 The USD/CAD pair remains in positive territory for the fourth straight day, hovering around 1.4400 during Friday's early Asian session. The Greenback continues to draw support from the Federal Reserve's (Fed) cautious approach. Market participants now await December labor market data from both the US and...

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GBPUSD trend forecast January 9, 2025 The Pound Sterling (GBP) lags behind its major counterparts on Thursday, impacted by a sharp rise in the United Kingdom's (UK) government borrowing costs. A significant sell-off in UK bonds has driven 30-year gilt yields to 5.36%, their highest point since 1998. Although higher gilt yields often enhance the appeal of the...

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XAU / USD trend forecast January 9, 2024 Gold prices (XAU/USD) find fresh buying interest after dipping to the $2,655 level earlier in the session. However, the recovery lacks momentum and remains limited below a four-week high during the first half of Thursday’s European session. The US Dollar (USD) maintains its strength near a two-year peak, supported by...

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XAU / USD trend forecast January 9, 2025 Gold prices rose during the North American session after the Federal Reserve (Fed) released December meeting minutes that conveyed a neutral to slightly hawkish stance, signaling it “would be appropriate to slow the pace of easing.” At present, XAU/USD is trading at $2,659, a 0.34% increase. In the December meeting,...

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EURGBP trend forecast January 9, 2025 EUR/GBP recovers from its prior day's losses, trading near 0.8290 during the European session on Wednesday. The Euro holds steady following Germany’s release of better-than-expected Retail Sales data, with an annual growth of 2.5% in November, surpassing both the 1.9% market estimate and the 1.0% growth recorded in...

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XAU / USD trend forecast January 8, 2024 Gold prices (XAU/USD) see some dip-buying after the prior session's retreat from the $2,665 resistance level, though upside momentum and bullish conviction remain limited. US Dollar (USD) strength moderates as traders await the release of the FOMC meeting minutes before making new moves. Additionally, uncertainties over...

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XAU / USD trend forecast January 8, 2025 Gold prices edged higher late Tuesday during the North American session but pulled back from their intraday peaks, driven by robust US economic data and remarks from US President-elect Donald Trump’s press conference. XAU/USD is trading at $2,648, up 0.50%. In the US, data highlighted a solid labor market, with a...

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AUDUSD trend forecast January 8, 2025 The Australian Dollar (AUD) remains under pressure for a second consecutive session against the US Dollar (USD), with the AUD/USD pair maintaining losses despite better-than-expected monthly inflation data released on Wednesday. Notably, the trimmed mean—a key measure of core inflation—declined to 3.2% annually from 3.5%,...

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XAU / USD trend forecast January 7, 2024 Gold price (XAU/USD) sees limited gains, hovering slightly above $2,640 during early European trading on Tuesday. While ongoing geopolitical tensions from the prolonged Russia-Ukraine conflict and unrest in the Middle East weigh on market sentiment, concerns over US President-elect Donald Trump's tariff policies add...

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USDCAD trend forecast January 7, 2025 The Canadian media outlet The Globe and Mail reported on Tuesday that Canada’s federal government is considering an early release of a proposed list of U.S. products that could face retaliatory Canadian tariffs if incoming U.S. President Donald Trump imposes tariffs on Canada. Price tends to decrease more when breaking...

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USDJPY trend forecast January 7, 2025 The Japanese Yen (JPY) continues to underperform amid uncertainty over the timing of the Bank of Japan's (BoJ) next rate hike. Additionally, the widening US-Japan yield differential, driven by the Federal Reserve's (Fed) hawkish stance on slowing rate cuts in 2025, is pulling investors away from the lower-yielding Yen. A...