Overview 🔍 Short-Term View (24-Hour Outlook) 📈 Medium-Term View (1–3 Weeks Outlook) 🧠 Key Levels Summary Type Level Resistance 1.3600 (main), 1.3575 (minor) Support 1.3520 (short-term), 1.3470 (range bottom) Range Boundaries 1.3470…
Gold Price Forecast: XAU/USD Finds Support at $3,630 as USD Rally Slows
Market Summary Key Drivers 🇺🇸 US Dollar Performance 📉 Gold’s Appeal Boosted by Fed Expectations Technical Analysis: Gold Correcting From Highs 📊 Current Price Behavior 🔻 Support Levels 🔺 Resistance Levels Currency…
AUD/USD Recovers to 0.6600 as US Dollar Rally Slows
Market Overview Key Drivers Behind AUD Weakness 🇦🇺 Weak Australian Labor Market Data US Dollar Strength: Driven by Strong Economic Data 🇺🇸 US Jobless Claims 📊 Philly Fed Manufacturing Index 🏦 Federal…
EUR/USD Falls as Political Unrest in France and Strong US Data Support USD
Market Overview US Economic Data Supporting USD Political Tensions in France Weigh on the Euro Central Bank Updates Technical Outlook: EUR/USD EUR Performance vs Major Currencies Today Base Currency USD EUR GBP…
USD/JPY Recovers to Near 148.00 as US Dollar Strengthens
The USD/JPY currency pair recovered early losses and rose to around 148.00 during Friday’s European trading session, supported by continued US Dollar (USD) strength. Key Drivers ✅ US Dollar Strength 📅 Upcoming…
USD Gains Support from Lower Jobless Claims – ING
The US Dollar (USD) received support from better-than-expected jobless claims data, which helped it maintain gains after the recent Federal Reserve (Fed) decision, according to ING FX analyst Francesco Pesole. Key Economic…
EUR/USD May Retest 1.1750 Before Recovery – UOB Group
According to FX analysts Quek Ser Leang and Peter Chia from UOB Group, the EUR/USD currency pair could retest the 1.1750 level before a more sustained recovery occurs. However, the major support…
Ivanhoe Mines Lowers Kamoa-Kakula Copper Production Outlook After Flooding
Ivanhoe Mines has reduced its medium-term copper production forecast for the Kamoa-Kakula mine. The new target is 550,000 tonnes, down from the previous estimate of over 600,000 tonnes. This revision follows flooding…
EUR/USD Recovery Stalls Ahead of U.S. Jobless Claims and Manufacturing Data
EUR/USD Price Action: Key U.S. Economic Events – September 18 Initial Jobless Claims: Philadelphia Fed Manufacturing Index: Federal Reserve Update: U.S. Economic Projections (Fed SEP): Eurozone Developments: Latest Eurozone Data: Currency Market…
EUR up modestly vs. USD on mixed second-tier data – Scotiabank
EUR Gains Slightly Against USD Despite Mixed Eurozone Data – Scotiabank The Euro (EUR) rose by 0.2% against the US Dollar (USD) during early North American trading on Thursday. This gain followed…