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November 11, 2024

USD/JPY: PM vote risk – OCBC

Japanese parliament will vote in a special session this afternoon to decide on who will take premiership. Prime ministerial vote can take up to two

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November 11, 2024

GBP/USD Chart Analysis: Bears Apply Pressure to Key Support

According to ICE data, the U.S. Dollar Index futures have reached highs last seen in early July 2024. The dollar’s strength is attributed, in part,

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November 11, 2024

USD/JPY Outlook: Bulls Regain Control After Correction

USDJPY regained traction and bounced from 152.14 (low of two-day pullback from new multi-week tops), offsetting negative signal from bull-trap on weekly chart (failure to

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November 11, 2024

XAU/USD Outlook: Gold Holds in Red as Markets Await Fresh

Gold remains at the back foot and stays in red for the second day on firmer dollar and also pressured by eased US political uncertainty,

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November 11, 2024

Pound Sterling Price News and Forecast: GBP/USD weakens against US

The Pound Sterling (GBP) drops to near 1.2900 against the US Dollar (USD) in London trading hours on Monday. The GBP/USD pair declines as the

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November 11, 2024

Gold Price Future: $2,646 Support Critical with Inflation Data on

Gold nears critical support at $2,646 as inflation data and Fed remarks loom, potentially setting a bearish tone for XAU prices if the level breaks.

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November 11, 2024

Gold resumes November sell-off as USD strengthens

Gold (XAU/USD) in fall continues to fall, trading in the $2,660s – nearly $25 down from last week’s close. A stronger US Dollar (USD) is

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November 11, 2024

EUR/GBP Price Prediction: Resumes bear trend after breaking decisively below

EUR/GBP has broken decisively below the base of a six-week range (red dashed line on chart) and is in free fall. 

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