DailyFX

Gold prices defy key resistance area, USD/JPY remains below 200-day SMA for now – DailyFX

USD/JPY, GOLD PRICE FORECAST Gold price is rising but fails to overcome cluster resistance USD/JPY lacks directional conviction as the pair trades slightly below the 200-day simple moving average This article examines the technical profile of gold and USD/JPY, focusing on key price thresholds that may be relevant heading into the final trading sessions of … [Read more…]

Market Week Ahead: Gold Reclaims $2,000, GBP/USD, EUR/USD Recover as USD Slides – DailyFX

Market Week Ahead: Gold Reclaims $2,000, GBP/USD, EUR/USD Recover as USD Falls New to FX looking for an edge? Download our free FX starter pack below Recommended by Nick Cawley Recommended by Nick Cawley Forex trading starter pack The Fed stands firm, expects three rate cuts in 2024, gold prices rise while yields fall According … [Read more…]