USD: vulnerable for further weakness
Most major Asian equity markets traded positively as the region took impetus from the record-setting session in the US where the S&P 500 notched a record close.
Tag - gold
Risk Averse Lead Markets
Asian equity markets were lower across the board amid strong headwinds from Wall Street where the tech rout intensified on return from the long weekend.
Gold’s rally may be limited
XAU/USD is edging higher, but may meet soon the strong resistance. What is the forecast?
USD softened on Tuesday
The US is set to deliver $1.9 trillion stimulus. Nasdaq retreated after Monday’s deep slump. Oil dropped because of an attack on the crude terminal in Saudi Arabia.
Trading Turkish lira, gold, and EUR/USD on March 22
The Turkish lira hugely dropped today, which pushed USD/TRY up to highs unseen since November 2020.
EUR/USD and gold on April 5-9
Europe’s poor vaccination rollout keeps pressing down the euro. Unlike Europe, the USA is in a much better position now. Thus, EUR/USD is likely to dip further this week. Gold is likely to fall as well amid the strong USD. Watch the video to get more trade ideas for this week!
Trade ideas on gold and AUD/USD on April 6
Gold surged as US real yields dropped for the third time in four sessions. However, XAU/USD has lost its steam and slightly dropped. So, how to trade it now? Watch the video!
USD is at two-week low, gold rises
Here are a short wrap of the latest news and the tech analysis of EUR/USD, AUD/USD, and gold.
Japanese Yen moves higher as risk off gains ground
XAU/USD: Gold facing a further consolidation on 23.6% retracement area
Inflation concerns led tech stocks down and gold up
Stocks especially tech ones dropped on Tuesday on concerns over inflation. Gold is viewed as a hedge against inflation, that’s why it’s trading now near the three-month high.
Gold & silver : the big picture remains very bullish
Ichimoku Kinko Hyo EUR/JPY: The pair is trading above the cloud…
Gold surged to 3-month high, Tesla is under pressure
The market sentiment is risk-on on Tuesday. The US dollar dipped, while risky assets are rallying up. Jump in to get fresh trade ideas!