XAU / USD trend forecast February 18, 2025 , Scalping European session On Friday, US President Donald Trump issued a stern warning, stating that tariffs on automobiles could take effect as early as April 2. This latest development adds to his broader strategy of imposing reciprocal tariffs on nations that levy duties on US imports, reinforcing demand for the...
USDCAD trend forecast February 18, 2025 The USD/CAD pair remains stagnant around the 1.4185 mark during the late American session on Monday, as market activity remains subdued due to the Washington’s Day holiday in the United States. Meanwhile, the US Dollar Index (DXY) trades in a narrow range, reflecting the lack of fresh catalysts. Investors now turn their...
XAU / USD trend forecast February 18, 2025 ⚠️Gold prices advanced on Monday during the North American session, rising by 0.56% in a low-liquidity environment as US markets remained closed in observance of Presidents’ Day. The XAU/USD pair climbed to $2,898 after briefly dipping to an intraday low of $2,878. Despite recording its steepest single-day decline...
USDJPY trend forecast February 17, 2025 The Japanese Yen (JPY) surged broadly following the release of an impressive Gross Domestic Product (GDP) report, which revealed that Japan's economy expanded at a pace far exceeding market expectations in the fourth quarter. Coupled with mounting signs of persistent inflationary pressures, this reinforces investor...
EURUSD trend forecast February 17, 2025 The EUR/USD pair struggles to extend its recent winning streak, fluctuating within a tight trading range just below the key 1.0500 psychological threshold during the Asian session on Monday. Nevertheless, spot prices remain near their highest level in almost three weeks, reached on Friday, as the US Dollar (USD)...
XAU / USD trend forecast February 17, 2025 ⚠️ Gold prices (XAU/USD) dip toward $2,880 in early Asian trading on Monday, as investors engage in profit-taking following recent gains. However, lingering concerns over a potential global trade war, fueled by US President Donald Trump’s push for reciprocal tariffs, could cushion the downside for the precious...
XAU / USD trend forecast February 17, 2025 , Scalping European session The US Dollar remains subdued, hovering near its lowest level since December 17, following the release of disappointing US Retail Sales data on Friday. This weakness in the greenback has rekindled investor appetite for gold, supporting its price. According to the US Census Bureau, Retail...
XAU / USD trend forecast February 14, 2025, Scalping European session Gold prices (XAU/USD) continue their upward momentum during the early European session on Friday, bolstered by mounting concerns over US President Donald Trump's proposed tariff measures. The renewed uncertainty surrounding trade policies enhances the appeal of the precious metal as a...
XAU / USD trend forecast February 14, 2025 ⚠️ Gold advanced during Thursday’s North American session, bolstered by a slightly higher-than-anticipated Producer Price Index (PPI) reading. Additionally, escalating concerns over US President Donald Trump's tariff threats further enhanced the allure of the precious metal, which hovers around $2,925—just shy of its...
USDCAD trend forecast February 14, 2025 The USD/CAD pair continues its downward trajectory, slipping to a two-month low near the 1.4195 mark during the late American session on Thursday. The decline is driven by weakening US bond yields and a softer US Dollar (USD). Market participants are now closely monitoring the upcoming release of US Retail Sales data for...
USDJPY trend forecast February 14, 2025 The USD/JPY pair holds steady after experiencing losses in the previous session, hovering around the 152.60 level during Friday’s Asian trading hours. The pair faced headwinds following US President Donald Trump’s decision to delay the enforcement of reciprocal tariffs. Meanwhile, the US Dollar (USD) softens as Treasury...
XAU / USD trend forecast February 13, 2025 ⚠️ Gold prices regained some lost ground late in Wednesday’s North American session, as Federal Reserve (Fed) Chair Jerome Powell emphasized the necessity of maintaining restrictive monetary policy amid mounting inflationary pressures and escalating tariff threats from US President Donald Trump. As a result, XAU/USD...
USDJPY trend forecast February 13, 2025 The Japanese Yen (JPY) extends its steady intraday climb against the US Dollar (USD), pushing the USD/JPY pair below the 154.00 threshold as the European session approaches on Thursday. Renewed selling pressure on the Greenback, coupled with the stronger-than-expected Japanese Producer Price Index (PPI) released earlier...
XAU / USD trend forecast February 13, 2025 , Scalping European session Gold prices (XAU/USD) extend their rebound from the $2,864 level reached following stronger-than-expected US inflation data, maintaining upward momentum for the second consecutive day on Thursday. A renewed decline in US Treasury bond yields weighs on the US Dollar (USD), providing support...
GBPUSD trend forecast February 13, 2025 GBP/USD hovers around the 1.2450 mark, navigating a neutral technical zone as traders brace for the release of the UK’s latest Gross Domestic Product (GDP) data. Meanwhile, inflation concerns persist, with the US Consumer Price Index (CPI) accelerating in January. Market participants now turn their focus to Thursday’s US...
XAU / USD trend forecast February 12, 2025 ⚠️ Gold prices retreated slightly during the North American session on Tuesday, slipping by a modest 0.18% after soaring to an unprecedented peak of $2,942 earlier in the day. Escalating trade tensions, fueled by US President Donald Trump’s imposition of fresh tariffs, propelled the precious metal to record highs...
XAU / USD trend forecast February 12, 2025 , Scalping European session Gold price (XAU/USD) faces renewed selling pressure for the second consecutive session on Wednesday, retreating toward the $2,885 mark with a daily decline of approximately 0.45%. The precious metal remains weighed down by the US Dollar’s resurgence, spurred by Federal Reserve (Fed) Chair...
USDJPY trend forecast February 12, 2025 The Japanese Yen (JPY) continues its downward trajectory for the third consecutive day on Wednesday, slipping to a one-week low against the US Dollar during the Asian session. Mounting concerns over the potential economic repercussions of US President Donald Trump’s uncompromising tariffs on commodity imports weigh on...