Moon-ForexAcademy

Moon-ForexAcademy Updated 

XAU / USD trend forecast December 09, 2024 ! SCALPING The US Bureau of Labor Statistics (BLS) announced on Friday that Nonfarm Payrolls (NFP) increased by 227,000 in November, significantly higher than October's upwardly revised figure of 36,000 and exceeding the forecast of 200,000. Additionally, the report showed the Unemployment Rate rose slightly to 4.2%...

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XAU / USD trend forecast December 9, 2024 Gold price (XAU/USD) sees modest gains, hovering near $2,645 in the early Asian session on Monday. Renewed geopolitical tensions in the Middle East, combined with expectations of a Federal Reserve (Fed) rate cut, provide support to the precious metal. Investors are now focused on the upcoming release of the US Consumer...

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USDJPY trend forecast December 09, 2024 The Japanese Yen (JPY) faces selling pressure after an earlier boost during the Asian session, driven by an upward revision to Japan's Q3 GDP figures. This, combined with a slight uptick in the US Dollar (USD), pushes the USD/JPY pair back above the 150.00 level. Uncertainty surrounding the Bank of Japan's (BoJ)...

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XAU / USD trend forecast December 6, 2024 Gold prices declined on Thursday as investors analyzed the latest US jobless claims data ahead of November's Nonfarm Payrolls release. Rising US Treasury bond yields pressured the yellow metal, which fell by 0.85% to trade near $2,626. The XAU/USD weakened as higher bond yields reduced the appeal of the non-yielding...

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XAU / USD trend forecast December 06, 2024 ! SCALPING Gold price (XAU/USD) bounced back from an earlier one-and-a-half-week low on Friday, maintaining modest recovery gains near the $2,640 mark as the European session approached. The US Dollar (USD) remains weak, hovering near a multi-week low due to the recent drop in US Treasury bond yields. Additionally,...

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AUDUSD trend forecast December 06, 2024 The Australian Dollar (AUD) dips slightly on Friday as weaker-than-expected economic growth raises concerns about the Reserve Bank of Australia (RBA) potentially adopting a dovish stance in its upcoming monetary policy meeting. This could pave the way for a rate cut in February, adding downward pressure on the...

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XAU / USD trend forecast December 5, 2024 Inflation has remained more persistent than anticipated, with the latest three readings showing that the disinflation process has stalled. Although prices rose slightly by 0.1%, they are still far from the Federal Reserve's 2% target. Meanwhile, other officials have shared their views. St. Louis Fed President Alberto...

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XAU / USD trend forecast December 05, 2024 ! SCALPING The Gold price (XAU/USD) continues to lack a clear near-term direction, trading within a familiar range during the early European session on Thursday amid mixed fundamental signals. Heightened geopolitical tensions from the escalating Russia-Ukraine conflict, concerns over potential trade wars, and...

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XAU / USD trend forecast December 04, 2024! SCALPING A report from the US Bureau of Labor Statistics (BLS) on Tuesday revealed that job openings rose significantly from 7.37 million to 7.74 million in October, according to the JOLTS survey. The robust labor market data, combined with limited progress toward achieving the 2% inflation target, suggests that...

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XAU / USD trend forecast December 4, 2024 Gold prices edged higher on Tuesday during the North American session, with XAU/USD advancing by 0.28% despite a rise in US Treasury yields. The precious metal found support from broad-based weakness in the US Dollar and is currently trading around $2,644. Gold's upward momentum continued as market participants...

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XAU / USD trend forecast December 3, 2024 Gold prices decline as December begins, pressured by a robust US Dollar, bolstered by Trump’s aggressive remarks targeting BRICS nations and a slight reduction in geopolitical tensions. The XAU/USD pair is currently trading at $2,635, marking a 0.58% drop. The precious metal's downturn deepened after Trump issued a...

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XAU / USD trend forecast December 03, 2024 ! SCALPING Gold prices (XAU/USD) struggle to build on their modest intraday rise toward the $2,650 level and flatten out during the early European session on Tuesday. Market participants appear cautious, opting to wait for clearer signals regarding the Federal Reserve's (Fed) intentions on future rate cuts before...

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XAU / USD trend forecast December 2, 2024 Gold price (XAU/USD) dips to approximately $2,645 in the early Asian session on Monday, pressured by a recovering US Dollar. However, ongoing geopolitical tensions may limit further losses for the precious metal. In November, Gold experienced a 3% decline, marking its steepest monthly drop since September 2023. Donald...

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XAU / USD trend forecast December 02, 2024 ! SCALPING The Gold price (XAU/USD) rebounds modestly from the daily low but remains under pressure during the early European session, trading near the $2,630 mark. Anticipation that US President-elect Donald Trump's proposed tariffs might stoke inflation and restrict the Federal Reserve's (Fed) ability to implement...

Moon-ForexAcademy Updated 

USDJPY trend forecast December 02, 2024 The Japanese Yen (JPY) stays under pressure against the US Dollar (USD) during Monday's Asian session, enabling the USD/JPY pair to maintain intraday gains above the mid-150.00s. Renewed upward momentum in US Treasury bond yields reflects concerns that President-elect Donald Trump's proposed tariffs might drive up...

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XAU / USD trend forecast November 29, 2024 Gold prices hovered near $2,630 on Thursday in a subdued trading session, with US markets closed for Thanksgiving. Geopolitical developments remained a key factor influencing the price of the non-yielding metal, which has seen declines over the past three trading days. XAU/USD is currently trading at $2,637, showing...

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XAU / USD trend forecast November 28, 2024! SCALPING Russian President Vladimir Putin announced that Russia might deploy its new hypersonic missile to target decision-making centers in Ukraine as retaliation for Ukraine's use of Western missiles against Russian territory. Earlier this week, US President-elect Donald Trump vowed to impose tariffs on all...

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XAU / USD trend forecast November 28, 2024 ! SCALPING Gold prices (XAU/USD) rebound from an intraday dip near the $2,620 mark, climbing toward the upper end of their daily range as the European session approaches on Thursday. Ongoing worries over US President-elect Donald Trump's proposed tariffs and heightened geopolitical tensions from the escalating...