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- Gold Trades Cautiously Ahead of Key U.S. Jobs Report
- U.S. Private Payroll Growth Slows Sharply in May – ADP
- GOLD – Bullish Bias Persists Above Broken Triangle’s Upper Boundary
- Eurozone Inflation Slows More Than Expected in May
- Oil Prices Climb Nearly 4%, Key Resistance Levels Come Under Pressure
- Gold Prices Surge Amid Renewed Tariff Concerns and Geopolitical Tensions
- GBP/USD – Initial Support Levels Temporarily Halt the Pullback
- USD/JPY – Breakthrough of 4-Hour and Daily Ichimoku Cloud Bases Signals Potential for Deeper Short Squeeze
- Gold slips as dollar firms, though broader bullish trend likely to hold
- Kiwi dollar tests 0.60 pivot once more and reaches new 2025 high
The Australian dollar maintains a bullish bias leading up to the release of the US inflation report
On Tuesday morning, AUDUSD remains confined within a narrow trading range, retaining a slight bullish inclination following Monday's 0.5% climb and a positive indication from the daily close above 0.6597 (the 100-day moving average and…
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The EURUSD continues to trade within a prolonged sideways pattern, with early signs of bearish…
Short-term market activity continues to exhibit a sideways trend, oscillating within a range bounded by the closely positioned 55-day and 200-day moving averages at 1.0831 and the 100-day moving average at…
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Industrial production in Germany exceeded expectations in February, experiencing a notable increase.
In February, industrial production in Germany surged by 2.1% compared to the prior month, surpassing the anticipated 0.6% growth forecast. This robust performance follows a revised upward increase of 1.3% in the…
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Gold Surpasses $2300, Sets New Record High
Gold's Upward Trajectory Persists, Reaching a New Record High of $2354 in Monday's Early Trading Session, Following Last Week's 4% Gain, Marking a Bullish Signal with a Weekly Close Above the Psychological…
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Crude Oil Poised for Second Consecutive Weekly Increase Amidst Shrinking Supply Prospects
Oil prices continued their upward trajectory on Friday, poised for a second consecutive weekly gain. This surge was underpinned by escalating geopolitical tensions in the Middle East, concerns surrounding a tightening supply, and optimistic…
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USDJPY Trades in Extended Narrow Range Before Key US Labor Data
USD/JPY continues to hover within a two-week span, consolidating just below multi-year highs in the 151.90/152.00 range (peaking in October 2022, November 2023, and March 2024). The prolonged sideways movement,…
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AUDUSD Breaks Through Key Resistance at 0.6600 Zone with Strong Recovery
For the third consecutive day, AUDUSD surges, buoyed by a softer US dollar and discouraging US services PMI figures (released Wednesday).
Bullish momentum breaks through crucial resistance at the 0.6600…
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Bullish Momentum for GBPUSD Holds Above 200-Day Moving Average, Yet Faces Challenges from Thin Daily…
The British Pound's recent upward movement, known as "Cable," has been steady following the double bottom formation around 1.2540 (April 1st and 2nd lows). Currently, it is challenging a significant resistance level at 1.2674, marked by the…
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Dollar Index Lags Ahead of Crucial US Data Release
The dollar index continues its downward trend for the third consecutive day, retracting from its recent multi-week high of 104.83.
Bearish sentiment persists as fresh pressure weighs on critical support levels at 103.84/80, representing…
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Eurozone Inflation Dips, ECB Rate Cut Expectations Rise
In a surprising turn of events, inflation in the Eurozone took an unexpected downturn last month, fueling discussions about the European Central Bank's (ECB) contemplation of reducing borrowing costs from their current historic highs.…
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