GBP/USD attracts some buyers to near 1.3290 in Monday’s early European session. The positive view of the pair prevails above the key 100-day EMA with […]
Tag: Forecast
NZD/USD Price Forecast: Extends rejection slide from 50% Fibo.; drops to 0.5900 neighborhood
NZD/USD drifts lower despite stronger NZD CPI print and snaps a six-day winning streak. A modest USD uptick fails to assist spot prices to make […]
Gold Price Forecast: XAU/USD attracts some sellers below $3,000 as Trump’s tariffs hit
Gold price slumps to near $2,985 in Monday’s early Asian session. The stock market selloff has prompted investors to cover losses. Intensifying trade war and geopolitical […]
Gold Price Forecast: XAU/USD holds positive ground above $3,100, all eyes on US NFP data
Gold price rebounds to around $3,115 in Thursday’s late American session. The heightened economic uncertainty supports the safe-haven demand, supporting the Gold price. Traders await […]
Data centres forecast to drive commercial growth
Data centre jobs are expected to drive commercial construction growth in the next two years, according to two new reports. PWC’s construction and housebuilding outlook, […]
NZD/JPY Price Forecast: Bounces off 7-month low, but downtrend remains
NZD/JPY must break above 85.03 (Tenkan-Sen) to extend recovery. Key resistance levels lie at 85.40 (Senkou Span A) and 85.66 (Kijun-Sen). Failure to hold above […]
USD/CAD Price Forecast: Pulls back from multi-year highs near 1.4500
USD/CAD retreats from 1.4485, the highest level since March 2020, approached on Monday. The bullish bias remains intact, with the 14-day RSI holding above the […]
EUR/GBP Price Forecast: Climbs above 200-day SMA shows bullish momentum
Euro strengthens, trades above 200-day SMA at 0.8425, signaling bullish momentum against Pound. Bulls target January 15 high at 0.8463; breaking this could extend to […]
GBP/USD Price Forecast: Tumbles below 1.2200 after US PPI data
GBP/USD extends downtrend, slipping below 1.2200 after US inflation release. Next GBP/USD support at 1.2136; potential drop to 1.2100 may hit a new year-to-date low. […]
USD/CHF Price Forecast: Extends uptrend as bulls’ eye 0.9200
USD/CHF gains 0.25%, bolstered by reduced expectations of Federal Reserve easing after strong December job figures. ‘Golden Cross’ formation in the 50-day and 200-day SMA […]