XAU / USD trend forecast February 24, 2025 ⚠️ Gold prices (XAU/USD) edge lower toward the $2,925 mark during Monday’s Asian trading session, as the precious metal retreats from its record peak amid profit-taking. However, lingering uncertainty and apprehensions surrounding US President Donald Trump's tariff policies could limit further downside movement. After...
GBPUSD trend forecast February 24, 2025 The GBP/USD pair begins the week on an optimistic trajectory, climbing beyond the mid-1.2600s during the Asian session and edging closer to the two-month peak reached last Friday. Spot prices aim to sustain their upward momentum, extending gains beyond the 100-day Simple Moving Average (SMA), supported by a weakened US...
XAU / USD trend forecast February 24, 2025, SCALPING ⚠️ The increasing consensus that the Federal Reserve (Fed) will maintain elevated interest rates for an extended period due to persistent inflationary pressures serves as a limiting factor for Gold’s upside potential. Additionally, traders appear hesitant to make bold moves, instead adopting a cautious...
EURUSD trend forecast February 21, 2025 The current bullish momentum suggests that the Euro (EUR) still has potential to extend its climb toward the 1.0530 level, though a decisive breakthrough beyond this threshold seems improbable for now. Over the longer term, renewed upward strength indicates that the EUR could maintain its appreciation against the US...
XAU / USD trend forecast February 21, 2025 ⚠️ Gold prices climbed late in the North American session but retreated from their record peak of $2,954 as traders opted to secure profits. Lingering concerns over escalating trade tensions, a weakened US Dollar, and declining US Treasury bond yields continued to provide underlying support for XAU/USD, which held...
USDCAD trend forecast February 21, 2025 The USD/CAD pair remains relatively stable in early Friday trading, hovering near 1.4170 after experiencing losses in the previous session. The pair's decline was driven by a weaker US Dollar (USD), which struggled under the weight of disappointing jobless claims data and mixed signals from the Federal Reserve...
XAU / USD trend forecast February 21, 2025 , scalping ⚠️ The price of gold (XAU/USD) encounters selling pressure around the $2,950 mark during the Asian trading session on Friday, retreating from the record high reached the day before. The intraday decline appears to be driven by profit-taking, as technical indicators suggest mildly overbought conditions on...
AUDUSD trend forecast February 21, 2025 The Australian Dollar (AUD) softens slightly against the US Dollar (USD) after the release of Judo Bank’s Purchasing Managers Index (PMI) on Friday. However, the AUD/USD pair regained momentum following US President Donald Trump’s announcement of potential advancements in trade discussions with China, alleviating market...
GBPUSD trend forecast February 21, 2025 The United Kingdom's (UK) retail sector experienced a strong resurgence in January, with retail sales surging by 1.7% month-on-month (MoM), following a 0.6% decline in December, according to the latest data released by the Office for National Statistics (ONS) on Friday. Market analysts had anticipated a modest 0.3%...
USDJPY trend forecast February 21, 2025 The Japanese Yen (JPY) encountered some selling pressure on Friday following remarks from Japan's Finance Minister, Katsunobu Kato, who cautioned that rising long-term interest rates could strain the nation's fiscal stability. This provided the USD/JPY pair with a modest lift, rebounding from the 149.30-149.25 zone—its...
XAU / USD trend forecast February 20, 2025 ⚠️ Gold prices pulled back on Wednesday during the North American session following the release of the Federal Reserve’s (Fed) latest monetary policy minutes, which revealed unanimous support among policymakers for maintaining interest rates at their January meeting. As a result, XAU/USD hovers around $2,925, marking...
XAU / USD trend forecast February 20, 2025, SCALPING ⚠️ On Wednesday, US President Donald Trump declared his intention to impose substantial tariffs on a range of products as early as next month, heightening concerns of escalating trade tensions and reinforcing the appeal of safe-haven assets like Gold. In an interview with Fox News, US Commerce Secretary...
GBPUSD trend forecast February 20, 2025 The GBP/USD pair remains steady after experiencing losses for two consecutive days, hovering around the 1.2590 mark during Thursday’s Asian session. However, the pair continues to face headwinds as concerns over US President Donald Trump's tariff policies bolster demand for the US Dollar (USD). Trump has confirmed that a...
USDJPY trend forecast February 19, 2025 The Japanese Yen (JPY) continues its steady upward momentum as the European session approaches on Wednesday. This, coupled with renewed selling pressure on the US Dollar (USD), pushes the USD/JPY pair down toward the 151.70-151.65 range in the latest trading hour. Investors appear increasingly confident that the Bank of...
EURUSD trend forecast February 19, 2025 The EUR/USD has staged a steady recovery over the past couple of weeks, buoyed by the positive momentum surrounding diplomatic efforts aimed at resolving the Ukraine-Russia conflict. In a significant development, senior US officials engaged in high-level discussions with Russian policymakers for the first time, though...
XAU / USD trend forecast February 19, 2025 ⚠️ Gold prices soared over 1% on Tuesday as heightened safe-haven demand emerged amid ongoing uncertainty surrounding US President Donald Trump's contentious trade policies. The XAU/USD pair is currently trading at $2,933, having rebounded from an intraday low of $2,892. Market sentiment remains unsettled in the wake...
XAU / USD trend forecast February 19, 2025 , SCALPING ⚠️ The price of gold (XAU/USD) recovers from an intraday decline to the $2,924 region, climbing towards the upper boundary of its daily range and inching closer to its all-time high as the European session approaches on Wednesday. Investor concerns persist over the potential ramifications of US President...
XAU / USD trend forecast February 18, 2025 , Scalping European session On Friday, US President Donald Trump issued a stern warning, stating that tariffs on automobiles could take effect as early as April 2. This latest development adds to his broader strategy of imposing reciprocal tariffs on nations that levy duties on US imports, reinforcing demand for the...