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The AUD/USD pair extended its late retreat from the 0.6455 area or above one-month highs and continued to face selling pressure in the Asian trading session on Friday. The spot price is currently trading around the 0.6420-0.6415 region, down more than 0.10% for the day, and it seems to have put an end to its two-day upward trend.
Meanwhile, this decline could be...
HELLO GUYS !
Gold prices (XAU/USD) consolidated around the $1,985 level in early Friday trading. The softer
US Dollar (USD) and lower US Treasury yields provided positive support for the yellow metal. However, market participants may exercise caution ahead of the highly anticipated Non-Farm Payrolls (NFP) report from the US on Friday, which is expected to show an...
Gold prices increased positively on Thursday as US bond yields decreased and the US dollar weakened. Political tensions and economic difficulties in China also contributed to the positive movement. Further growth in the stock market will limit any significant price increase for the safe haven precious metal.
Traders continue to describe the trading strategy of...
My trading opinion for BTCUSDT is bearish. I am observing negative signs of a price decline for BTCUSDT as there are indications of a downward trend. A retracement like the Fibonacci levels could potentially bring BTCUSDT down to the round number of $32,000 or test the previous support level at $31,500.
Although my opinion is bearish, I still have high...
The price of gold (XAU/USD) modestly rebounded at the beginning of Thursday's trading session. The recovery of the precious metal was supported by a decrease in interest rates on US Treasury bonds following the Federal Open Market Committee's policy meeting. At the time of writing, gold is trading higher for the day at $1,985.
Meanwhile, the US Dollar Index...