Moon-ForexAcademy

Moon-ForexAcademy Updated 

XAU / USD trend forecast January 3, 2025 Gold prices (XAU/USD) continue to climb for a fourth straight session on Friday, marking an impressive 2024 performance with over 27% annual gains—the strongest since 2010. The rally is fueled by robust safe-haven demand driven by ongoing geopolitical tensions in the Middle East and the prolonged Russia-Ukraine...

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USDCAD trend forecast January 3, 2025 The USD/CAD pair dips slightly to around 1.4395 during the Asian session on Friday, as higher crude oil prices lend support to the commodity-sensitive Canadian Dollar (CAD) against the US Dollar. Thursday’s S&P Global report showed that Canada’s Manufacturing PMI climbed to 52.2 in December, up from 52.0 in November,...

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XAU / USD trend forecast January 2, 2024 Investors are closely observing signs of an economic recovery in China that could drive demand for Gold, fueled by President Xi Jinping's commitment to prioritizing growth. During his New Year's speech on Tuesday, Xi announced plans for more proactive policies to stimulate the economy in 2025, as reported by...

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AUDUSD trend forecast January 2, 2025 The Australian Dollar (AUD) strengthens against the US Dollar (USD) following the release of China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) on Thursday. As Australia and China share close economic ties, shifts in China’s economic data often influence Australian markets. The Caixin Manufacturing PMI fell...

Moon-ForexAcademy Updated 

XAU / USD trend forecast January 2, 2025 Gold price (XAU/USD) edges higher to approximately $2,625 during early Thursday trading in Asia, supported by uncertainty surrounding Donald Trump’s tariff policies, ongoing geopolitical tensions, and central bank purchases. However, the Federal Reserve’s (Fed) cautious approach may limit further gains for the...

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GBPUSD trend forecast January 2, 2025 The GBP/USD pair trades defensively near 1.2510 during the Asian session on Thursday, under pressure from a broadly stronger US Dollar (USD). The Greenback gains support from expectations that the Federal Reserve will adopt a slower pace of monetary easing this year, limiting the upside for the Pound Sterling (GBP). In...

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XAU / USD trend forecast December 31, 2024 The US Dollar Index (DXY) stays near 108.00 as markets absorb the Federal Reserve's hawkish stance. Falling US Treasury yields, with 2-year and 10-year rates at 4.24% and 4.53%, have lent some support to non-yielding Gold. Persistent geopolitical tensions, including the Russia-Ukraine war and Middle East unrest,...

Moon-ForexAcademy Updated 

USDJPY trend forecast December 31, 2024 USD/JPY slipped 0.7% on Monday, falling below 157.00 amid thin holiday trading ahead of the midweek New Year’s closures. Low volumes marked the session, with markets moving cautiously. The Bank of Japan (BoJ) continues to struggle with the Yen’s two-year decline, having shifted from negative rates to a modest 0.25% hike...

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XAU / USD trend forecast December 31, 2024 Gold price (XAU/USD) steadies on Monday after recent losses in low-volume trading. Set for a 27% yearly gain, its best since 2010, the rally is fueled by central bank buying, geopolitical tensions, and global monetary easing policies. The downtrend is clear, pressure to close year-end profits. Gold price is trading...

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XAU / USD trend forecast December 30, 2024 Gold price (XAU/USD) rises to near $2,625 early Monday, supported by concerns over Donald Trump’s trade policies. However, expectations of fewer Fed rate cuts in 2025 may limit gains, with thin trading ahead of the New Year holiday. The year-end market is still waiting for President TRUMP to take office, there are...

Moon-ForexAcademy Updated 

AUDUSD trend forecast December 30, 2024 The AUD/USD pair trades near 0.62400 during the early Asian session on Monday, maintaining a positive tone. However, upside potential may remain capped as markets absorb the Federal Reserve's (Fed) hawkish stance. With the final week of 2024 ahead, trading is expected to stay muted. Following a quarter-point rate cut in...

Moon-ForexAcademy Updated 

XAU / USD trend forecast December 30, 2024 The US Dollar Index (DXY) trades near 108.00, just below its peak since November 2022, as markets assess the Federal Reserve’s hawkish shift. Following a quarter-point rate cut in December, the Fed's Dot Plots project two cuts next year. Gold, a non-yielding asset, might find support as US Treasury yields decline,...

Moon-ForexAcademy Updated 

AUDUSD trend forecast December 27, 2024 The AUD/USD pair extends its losing streak to a fifth day, trading near 0.6220 during Friday’s Asian session. The decline follows support for the US Dollar (USD) from expectations of fewer rate cuts by the Federal Reserve, which recently reduced rates by a quarter point and projected only two cuts in 2025 instead of...

Moon-ForexAcademy Updated 

XAU / USD trend forecast December 27, 2024 Gold price (XAU/USD) dips slightly to around $2,630 in light post-Christmas trading on Friday. The metal may gain support as markets await clarity on the US economy under the incoming Trump administration and the Fed's 2025 interest rate plans. Gold has good buying power - expected recovery around 2640, 2650 ///...

Moon-ForexAcademy Updated 

XAU / USD trend forecast December 27, 2024 The US Dollar Index (DXY), a benchmark that gauges the USD's performance against six key currencies, hovers above the 108.00 mark, just shy of its highest point since November 2022. The sustained strength of the Greenback underscores its dominance in global markets, driven by robust economic indicators and the Federal...

Moon-ForexAcademy Updated 

USD / JPY trend forecast December 26, 2024 The Japanese Yen (JPY) trades within a narrow range against the US Dollar (USD) during the early European session on Tuesday, staying near the multi-month low it reached last week. Market participants remain doubtful about the Bank of Japan's (BoJ) willingness to implement further interest rate hikes. Additionally,...

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XAU / USD trend forecast December 26, 2024 Gold prices remain steady near $2,611 as the market absorbs a more cautious view of US interest rate trajectories. The US Dollar continues to hold firm, buoyed by the Federal Reserve's signals of a measured approach to rate adjustments. Recent commentary from Fed officials suggests a reduction in anticipated rate...

Moon-ForexAcademy Updated 

XAU / USD trend forecast December 24, 2024 Gold prices (XAU/USD) extend their steady climb from the Asian session, reaching a new intraday high near the $2,620 mark in recent trading. Persisting geopolitical tensions and concerns over trade wars provide a supportive backdrop for the precious metal, further aided by a slight decline in US Treasury yields....