USD/JPY Hits Roadblock at Channel Resistance as GBP/JPY Treads Key Support Zone

This piece provides a technical examination of USD/JPY and GBP/JPY, exploring crucial support and resistance levels that demand close attention over the upcoming trading sessions.

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Gold Price Outlook Hinges on Key US Inflation Data, XAU/USD on Breakdown Watch

Gold prices show indecision on Thursday, moving between small gains and losses, as traders refrain from making large directional bets ahead of next week’s August U.S. inflation report.

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Nasdaq, S&P 500 Gap Lower as Apple Leads Tech Sector Rout

China’s ban on the use of iPhones by government employees leads the entire index lower. Strong US data has also weighed on stocks as a final rate hike lurks

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USD/ZAR Price Forecast: Healthy SA Data Tries to Ease Rand Pain

Rand weakness has softened this Thursday but with Fed speakers scheduled throughout the day, hawkish statements could reverse recent advancements.

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USD/CAD Price Forecast: Bullish Momentum Faces Stern Resistance

Recent US data has pushed the US dollar even higher, extending USD/CAD gains while the BoC opted to pause rates. Bullish momentum stalls at significant resistance level

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