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Gold Prices Feel the Squeeze as Yields Rocket Ahead of NFP, Key XAU/USD Levels
GOLD PRICES FORECAST:Gold prices retreat for a second consecutive day amid rising yields after better-than-expected U.S. economic dataTraders should focus on the ISM services PMI and the U.S. labor market report in the coming daysThis…
FX Play of the Day: GBP/JPY’s Potential Pullback Levels
Yo Guppy just broke below a consolidation!
Feeling a bit of FOMO from all the anti-risk moves?
Here are levels you should watch out for if you’re betting on more losses for the pound and more gains for the yen:
GBP/JPY 15-min Forex…
Dow Jones falls on US credit downgrade, ADP employment beat, but outperforms other major indices
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Dow Jones futures fall 0.3% after Fitch downgrades US credit rating to AA+.
DJIA is overbought on…
British Pound (GBP) Latest; GBP/USD Stalls, GBP/NZD Prints a 3-Year+ High
GBP/USD and GBP/NZD Analysis and ChartsUS dollar downgrade not showing in USD-crosses today.GBP/NZD multi-year high as NZ unemployment grows.
Recommended by Nick Cawley
How to Trade GBP/USD
Rating agency…
Hero EA Settings Guide – Other – 2 August 2023
Hero EA Settings Guide MT4:mql5.com/en/market/product/102997 MT5: mql5.com/en/market/product/102998 The maximum power of the expert: Enable or disable maximum trade (signal) If this setting is active, the number of signals…
5 Questions to Ask When You’re In A Trading Slump
In forex trading, the initial goal is simple: to trade for another day.
Opening an account and putting real money on it is the easy part. The challenge is to stay afloat long enough for you to acquire the skills needed to become…
Immediate hurdle remains around 158.00
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EUR/JPY comes under pressure following a test of 157.50.
Extra gains continue to target the 2023…
Our data shows traders are now net-long FTSE 100 for the first time since Jul 20, 2023 when FTSE 100…
Number of traders net-short has decreased by 19.87% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIFTSE 100BEARISH51.06%48.94%19.84% Daily15.59% Weekly-18.55% Daily-19.87% Weekly-2.62%…
Dollar Index (DXY) Eyes Acceptance Above 100-Day MA, USD/CHF Ticks Higher
DOLLAR INDEX, USD/CHF PRICE, CHARTS AND ANALYSIS:
Recommended by Zain Vawda
Get Your Free USD Forecast
Most Read: US Dollar Forecast: ‘Soft Landing’ Narrative Gains Traction Post FOMCUS DOLLAR, FITCH RATINGS…
Daily Forex News and Watchlist: USD/JPY
The yen is on fire today!
Will it continue to gain pips even against its fellow safe haven U.S. dollar?
Before moving on, ICYMI, yesterday’s watchlist checked out USD/CAD’s uptrend ahead of lower-tier data releases from the U.S. Be sure…