GBP/USD Price Forecast: Fading Bullish Momentum for Pound
GBP prices are approaching key resistance while showing technical signals that could point to impending downside to come, while UK housing prices advance since November.
Source: dailyfx.com
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AUD/USD Price Forecast: Aussie Dollar Eyes US Jobless Claims
AUD prices continue their ascent as US economic data comes into focus later today.
Source: dailyfx.com
USD/JPY Price Forecast: Guarded BoJ Leaves Yen on Offer
JPY prices were weighed down this Wednesday morning after the BoJ’s Summary of Opinions reflected a hesitant central bank with regards to monetary policy changes.
Source: dailyfx.com
Gold Weekly Forecast: XAU/USD Propelled by Softer US Inflation Outlook
Gold prices extend their upside rally ahead of the last trading week of 2023 which isn’t expected to provide too much in terms of volatility. XAU/USD looks to hold above $2050.
Source: dailyfx.com
USD Price Forecast: DXY Faces Barrage of US Data
USD prices trade at a major area of confluence that has held firm since May 2021 as core PCE deflator, durable goods orders and Michigan consumer sentiment looms.
Source: dailyfx.com