Gold Price Forecast: XAU/USD stays below 20-day EMA, sees further downside below $3,940
Gold Price Forecast: XAU/USD stays below 20-day EMA, sees further downside below $3,940
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Gold Price Forecast: XAU/USD stays below 20-day EMA, sees further downside below $3,940
Forex
Brazilian Real: Below 50dma opens move to 5.00 – Societe Generale
Silver price today: Silver falls, according to FXStreet data
EURGBP edges higher in early Thursday after hitting 13-month low following 0.8% drop on Wednesday (the biggest daily loss since June 22), when the pound was strongly lifted by signals that new PM Burnham will pick a fiscally conservative finance minister to be in charge of handling fragile public finances.
GBP/USD Price Forecast: Dip-buying favored on pullbacks below 1.3500
Summary:USD/SEK remains supported as geopolitical tensions keep demand for the US dollar elevated despite softer US inflation. Sweden's resilient economy and a cautious Riksbank continue to provide medium-term support for the Swedish krona.
Gold fell to 4,033 USD per ounce on Thursday, extending its losing streak. Pressure on the market is being exerted by a sharp rise in oil prices amid intensified attacks in the Middle East, which is once again heightening inflationary fears and expectations of tighter central bank policies.
Silver Price Forecast: XAG/USD falls toward $56.50 after pulling back from nine-day EMA
USD/CHF Price Forecast: Bulls have the upper hand above 0.8000 resistance-turned-support
Gold: Fed repricing supports but upside capped by energy risks – ING
GBP/USD has climbed to a two-month high above 1.35 as investors continue to scale back Federal Reserve rate hike expectations and welcome reports over the UK's next Chancellor.
Intraday analysis covering USDCHF(the franc) , EURJPY , and US30 , highlighting recent price movements, key technical levels, and short-term momentum shifts across major markets. USDCHF(the franc) remains indecisive The Dollar found more resistance as price action attempts to recover from yesterday's slump.
EUR/USD Price Forecast: Testing range top at 1.1485 amid stronger momentum
British Pound: Rally resumes toward key resistance against US Dollar – UOB
U.S. retail sales and jobless claims could reshape Fed rate expectations. See the latest outlook for DXY, EUR/USD and GBP/USD.
Central banks continue accumulating gold while traders await U.S. retail sales. See whether gold can hold $4,020 and silver defend $57.15.
AUD/USD Price Forecast: Trades around 0.7000 after pulling back from 50-day EMA
The Pound to Canadian Dollar (GBP/CAD) exchange rate strengthened on Wednesday after the Bank of Canada maintained interest rates and struck a cautious tone on the outlook for monetary policy. At the time of writing, GBP/CAD was trading at CA$1.8903, up around 0.4% on the day.
The Pound to Dollar (GBP/USD) exchange rate edged higher on Wednesday as investors continued to scale back Federal Reserve interest rate expectations following weaker-than-expected US inflation data. At the time of writing, GBP/USD was trading around $1.3404, up modestly on the day.
Silver Price Forecast: XAG/USD tumbles to near $57 as inflation projections remain de-anchored