Market Focus: Analyzing Gold, EUR/USD, and USD/JPY Trends

Gold dropped, EUR/USD declined, and USD/JPY rose, prompting scrutiny of technical indicators for future trends.

TV

Video: Here’s the Trade Plan for EUR Pairs, as ECB Interest Rate is Announced Tomorrow

Here's the Trade Plan for EUR Pairs, as ECB Interest Rate is Announced Tomorrow

Stay Connected

Subscribe to ForexPropNews Trading Newsletters

Receive the best-curated content by our editors for the week ahead.

News and Analytics

US Economic Resilience Boosts Dollar: Unemployment Claims Surprise Markets

US unemployment claims fall below forecasts, indicating labor market resilience; robust data strengthens the dollar and impacts global currencies and commodities.

Market Focus: Analyzing Gold, EUR/USD, and USD/JPY Trends

Gold dropped, EUR/USD declined, and USD/JPY rose, prompting scrutiny of technical indicators for future trends.

Gold Surges to New Record High Amid Market Turbulence

Gold reached a new record high, driven by safe-haven trades following the helicopter crash that killed Iranian President Ebrahim Rais.

Fed’s Barr and Jefferson: High Interest Rates Here to Stay

Federal Reserve Governor Michael Barr reiterated interest rates will stay high until inflationary pressures ease significantly, impacting financial markets globally.

Asia Forecast: Market Movements as New Trading Week Begins

Federal Reserve speeches may drive market movements. The Asian trading session is expected to be quiet, with minimal economic data scheduled.

Impact on Europe & US Sessions: ECB and Fed in Focus

China's industrial growth boosts oil demand; ECB may cut rates; Fed's stance in focus; Gold prices likely supported.

Asia-Pacific Markets Shine Bright as Wall Street Hits New Heights

Asia-Pacific markets surged following Wall Street's record highs, driven by softer inflation data and scrutiny of Japan's GDP figures.

Inflation Fears Fail to Deter Asian Markets Growth

Asian markets are resilient amid inflation concerns. The Nikkei and S&P/ASX 200 rise, reflecting cautious optimism; Wall Street’s Nasdaq hits a record high.

The Dollar Up, Gold Vulnerable as Asia Session Opens

​​In the aftermath of Philip Jefferson's speech, markets brace for potential shifts in currencies and commodities.

Interest Rates, Inflation – Dollar Strong Amid Concerns

Federal Reserve Governor's remarks signal prolonged interest rates, while consumer sentiment reflects worries about inflation, unemployment, and interest rates.

Asian Stock Markets Performance: 10th May 2024: What’s New?

Asia stock markets mixed performance, Hong Kong surges, US unemployment claims exceed expectations, and commodities rise modestly.

Central Banks Focus: Dollar Strength, Gold Resilience

In the Asia session, the dollar index rose but remained capped; gold prices stayed above $2,300/oz, signaling ongoing market trends.

Analytic picks

EUR/CAD: Bull Finds a Fence

EUR/CAD- Technical Analysis- H4 Chart The chart shows that the price made a long bullish move on the H4 chart. The simple moving...

GBP/JPY: Bear Starts Its Move

GBP/JPY – Technical Analysis- H4 Chart The chart shows that the price made a long bullish move before making a bearish breakout at...

EUR/NZD: Bull Waits for a Ground

EUR/NZD -Technical Analysis- H4 Chart The chart shows that the price made a bullish breakout at the simple moving average 30’s resistance and...

NZD/USD: Bear Dominates with Strong Momentum

NZD/USD -Technical Analysis- H4 Chart The chart shows that it produced a double top at the simple moving average 30’s resistance and breached...

EUR/GBP: Choppy H4, Bear is ahead in H1?

EUR/GBP – Technical Analysis- H4 Chart The chart shows that the pair trades around the simple moving average 30 for a while. The...

NZD/JPY: Bear is in the Town?

NZD/JPY- Technical Analysis- H4 Chart The chart shows that the price made a significant bearish move right from the simple moving average 30’s...

USD/CAD: H1 Support is in Play

USD/CAD -Technical Analysis- H4 Chart The chart shows that the price made a bullish move and breached the simple moving average 30. It...

GBP/USD: Up Trend Finds a Resistance

GBP/USD – Technical Analysis- H4 Chart The chart shows that the price has been gradually heading towards the North. The simple moving average...

USD/JPY: Horizontal Resistance is in Play

USD/JPY – Technical Analysis- H4 Chart The chart shows that the price had a rejection at 150.780 and produced a bearish inside bar....

USD/CHF: Choppy Price Action on the H4

USD/CHF – Technical Analysis- H4 Chart The chart shows that the price gets caught within 0.88215-0.87900 for a while. Moreover, it has been...

Economic Calender

Featured educational content

EXPLORE MORE

Featured educational content

New to Forex? Learn to Read Charts Like a Pro

Dive into forex trading basics: chart reading, candlesticks, technical indicators, timeframes, currency pairs. Start your journey to trading success today!

Video: How I Re-Programmed My Mind to be a Consistent Trader (Thanks to The Wolf of Wall Street)

How I Re-Programmed My Mind to be a Killer Trader (Thanks to The Wolf of Wall Street)

Video: This Invisible Trading Indicator Tells you What Day Trade (Not Just Price)

This Invisible Trading Indicator Tells you WHEN to Trade (Not Just Where)

Technical Analysis: Chart Patterns and Indicators for Profitable Investments

Navigate stocks with confidence using chart patterns like Head and Shoulders, indicators such as MACD, and tools like trendlines. Master technical analysis for...

Latest News

US Economic Resilience Boosts Dollar: Unemployment Claims Surprise Markets
Market News

US Economic Resilience Boosts Dollar: Unemployment Claims Surprise Markets

US unemployment claims fall below forecasts, indicating labor market resilience; robust data strengthens the dollar and impacts global currencies and commodities.

Market Focus: Analyzing Gold, EUR/USD, and USD/JPY Trends
Market News

Market Focus: Analyzing Gold, EUR/USD, and USD/JPY Trends

Gold dropped, EUR/USD declined, and USD/JPY rose, prompting scrutiny of technical indicators for future trends.

Copyright © 2023 Forex Prop News. All Rights Reserved.