Weekend is almost here. Focus of attention will be on the US PCE, BoC and US rate cuts. Enjoy your weekend!
💸 US Dollar Index regained composure towards the end of the week and managed to close above the 104.00 mark.
https://fxstreet.page.link/zKq4ieNgmmcoBLMV7
💸 US Dollar Index regained composure towards the end of the week and managed to close above the 104.00 mark.
https://fxstreet.page.link/zKq4ieNgmmcoBLMV7
FXStreet
Forecasting the Coming Week: US PCE could confirm rate cut bets
Despite an ugly start to the week, the Greenback eventually managed to make a U-turn and end the week with decent gains along with a modest bounce in US yields.
XAUUSD commentary for the week of July 22, 2024 - July 26, 2024:
XAUUSD price dropped sharply at the end of last week, but this is the adjustment period of the H1 and H4 frames, long-term gold is still in an uptrend.
Price areas to pay attention to next week are
the resistance area 2408 - 2410 and the support area 2356 - 2360.
This is an opportunity for long-term investors. ✔️
XAUUSD price dropped sharply at the end of last week, but this is the adjustment period of the H1 and H4 frames, long-term gold is still in an uptrend.
Price areas to pay attention to next week are
the resistance area 2408 - 2410 and the support area 2356 - 2360.
This is an opportunity for long-term investors. ✔️
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Gold Price Forecast: XAU/USD defends $2,400, more upside looks likely
Gold price bounces off $2,400 amid a positive start to a Big week.
Despite risk aversion, the US Dollar stays softer with US Treasury bond yields.
Gold price looks to $2,425, as the daily RSI turns north above 50.
Gold price bounces off $2,400 amid a positive start to a Big week.
Despite risk aversion, the US Dollar stays softer with US Treasury bond yields.
Gold price looks to $2,425, as the daily RSI turns north above 50.
FXStreet
Forex Analysis - FXStreet
Find the latest articles about forex analysis, reports and videos around the forex market, currencies and pairs. Study the present and improve your trade
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What you need to know on Monday, July 22
💵 The US Dollar struggles to find demand at the beginning of the week.
🏦 Fed Bank of Chicago's National Activity Index for June will be featured today.
👀 Investors will monitor US politics closely after President Biden's withdrawal from the 2024 election.
Stay up to date with our full Forex Today report ⬇️
💵 The US Dollar struggles to find demand at the beginning of the week.
🏦 Fed Bank of Chicago's National Activity Index for June will be featured today.
👀 Investors will monitor US politics closely after President Biden's withdrawal from the 2024 election.
Stay up to date with our full Forex Today report ⬇️
FXStreet
Forex Today: Mixed opening to week as markets assess US political developments
Here is what you need to know on Monday, July 22: The US Dollar (USD) struggles to find demand at the beginning of the week, while US stock index futures trade in positive territory.
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