US Indices Ahead of Powell; S&P 500 & Nasdaq Price Setups

US equity indices will be looking for cues from Powell who is scheduled to speak later Thursday. S&P 500 and Nasdaq have retreated from key resistance. Is the rebound over?

from DailyFX – Market News https://ift.tt/n7UQmlT
via IFTTT

Australian Dollar Drops on Mixed Jobs Data Ahead of CPI. Where to for AUD/USD?

The Australian Dollar slipped lower after employment data today revealed a tighten unemployment rate assisted by a lower participation rate. The RBA is now the focal point.

from DailyFX – Market News https://ift.tt/1H4LXj9
via IFTTT

Euro Forecast: EUR/USD Hindered by Resistance, EUR/AUD Still in Bullish Trend

This article takes a detailed look at EUR/USD and EUR/AUD’s prospects, incorporating insights from fundamental and technical analysis to ensure traders are well-prepared for the days ahead.

from DailyFX – Market News https://ift.tt/ZFxR8Ee
via IFTTT

Gold (XAU/USD) Hits $1950/oz on Risk Aversion as Middle East Tensions Intensify

Gold has been the biggest beneficiary from the tension in the Middle East which seems to have reignited the precious metals safe-haven appeal. Where to from here?

from DailyFX – Market News https://ift.tt/9EoNCjw
via IFTTT

GBP Price Action Setups: GBP/USD, EUR/GBP, GBP/AUD Post UK CPI

UK Inflation data showed signs of stickiness this morning but a closer look at the data provided many positive signs for the Bank of England. Let’s take a look at potential price action setups on some GBP pair moving forward.

from DailyFX – Market News https://ift.tt/dhLDPsr
via IFTTT