XAU/USD, H4 Gold prices stage a modest recovery, capitalising on a weakening US Dollar post lacklustre home sales data. Despite this positive momentum, the overall short-term trajectory for the gold market remains in a state of flux. Investors maintain a cautious stance, patiently awaiting critical US economic data, including US GDP and the US Core PCE...
EUR/USD, H4 The EUR/USD pair is advancing, capitalising on a weakening U.S. dollar, though it now encounters significant resistance at the proximal 1.0866 level. Emerging signs of an acceleration in Eurozone inflation, underscored by a marginally higher Consumer Price Index (CPI) alongside enhanced Purchasing Managers' Index (PMI) figures, imply a fortification...
GBP/USD H4 The GBP/USD currency pair has consistently stayed within its upward trend channel, with the dollar exhibiting subdued performance. Attention is now sharply focused on key upcoming U.S. economic indicators. The Gross Domestic Product (GDP) data set for release tomorrow is highly anticipated, along with the Personal Consumption Expenditures (PCE) index,...