Senorita71

Senorita71

OANDA:XAUUSD Gold stabilized near $2,380 after spiking above $2,400 with the immediate reaction to reports of Israel striking Iran. Meanwhile, the pullback seen in the US Treasury bond yields helps XAU/USD hold its ground.

Senorita71 Updated 

Gold price rebounds to $2,380 in Thursday’s European session after posting losses on Wednesday. The precious metal holds gains amid fears that Middle East tensions could worsen and spread beyond Gaza if Israel responds brutally to Iran.

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EUR/USD trades modestly higher on the day above 1.0650 in European trading on Monday. A broadly subdued US Dollar and improving risk appetite bode well for the pair, as markets assess geopolitical developments and await US data.

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OANDA:XAUUSD Gold stages a correction on Tuesday and fluctuates in negative territory near $2,370 following Monday's upsurge. The benchmark 10-year US Treasury bond yield continues to push higher above 4.6% and makes it difficult for XAU/USD to gain traction.

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FX:EURUSD EUR/USD came under renewed bearish pressure and dropped to its lowest level since November below 1.0700. Although the pair's technical outlook points to oversold conditions, it might be risky to bet on a Euro rebound amid diverging European Central Bank (ECB) and Federal Reserve (Fed) monetary policies. The ECB left key rates unchanged as expected...

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FX:GBPUSD GBP/USD extends losses and trades at fresh multi-month lows below 1.2450 even after the January month UK GDP was revised higher to 0.3%. The negative shift seen in risk mood fuels another leg higher in the USD and drags the pair lower.

Senorita71 Updated 

Gold price (XAU/USD) enters a bullish consolidation phase during the early European session and oscillates in a narrow band around the $2,260$2,265 region, or a fresh record high touched this Monday.

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OANDA:GBPUSD GBP/USD is advancing toward 1.2700 in the European trading hours on Tuesday. The pair benefits from a fresh leg lower in the US Dollar even as traders stay cautious and refrain from placing fresh bets ahead of Wednesday's US CPI data.

Senorita71 Updated 

FX:EURUSD EUR/USD is holding higher ground above 1.0850 in the European session on Tuesday. The US Dollar sees fresh selling amid the extended pullback in the US Treasury bond yields and a cautious market mood, lending support to the pair. Focus shifts to more Fedspeak.

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OANDA:XAUUSD Gold price attracts some buyers for the third straight day on Tuesday – also marking the tenth day of a positive move in the previous eleven – and climbs to a fresh all-time peak during the first half of the European session.

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OANDA:XAUUSD Gold price trades close to all-time highs with eyes on US inflation data for March. The US monthly headline and core CPI are projected to have increased at a slower pace of 0.3% in March.

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OANDA:GBPJPY The FXStreet Forecast Poll about GBP/JPY ( Pound Japanese Yen) is a sentiment tool that highlights our selected experts' near and medium term mood and calculates trends according to Friday's 15:00 GMT price.

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OANDA:XAUUSD Gold retreated below $2,340 after failing to stabilize above this level in the European session. The benchmark 10-year US Treasury bond yield stays in positive territory above 4.5%, making it difficult for XAU/USD to gather recovery nomentum.

Senorita71 Updated 

FX:GBPAUD GBPAUD: Very Bearish OutlookThe GBPAUD recently broke and closed below a support line in a bearish flag pattern on an intraday chart. This could potentially lead to a trend-following movement. The next targets to watch for are around 1.929 and 1.925.

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OANDA:XAUUSD Gold price’s (XAU/USD) rally pauses after refreshing all-time highs near $2,305 amid uncertainty ahead of the release of the United States Nonfarm Payrolls (NFP) data for March. The labor market data is expected to influence market expectations for the Federal Reserve (Fed) rate cuts, which financial markets are currently anticipating for...

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Gold peaked beyond $2,300, should correct before a new leg north Gold stays in a consolidation phase and trades below $2,290 after reaching a new record-high above $2,300 earlier in the day. The benchmark 10-year US Treasury bond yield holds steady above 4.3% ahead of Fedspeak, limiting XAU/USD's upside.

Senorita71 Updated 

GBP/USD retreated below 1.2650 after rising above that level earlier in the session. Disappointing consumer sentiment data from the US and rising US stocks, however, caps the US Dollar's gains and allows the pair to limit its losses.

Senorita71

OANDA:XAUUSD Gold gathered bullish momentum and climbed to a new all-time high above $2,320 on Friday. Although the upbeat March jobs report from the US helps the USD find demand, XAU/USD continues to benefit from escalating geopolitical tensions.