$4,050: Gold dives to fresh two-week low as Fed rate hike bets boost US Dollar
Gold (XAU/USD) drifts lower for the second straight day – also marking the fifth day of a negative move in the previous six – and drops to a nearly two-week low during the Asian session on...
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EURUSD declined in recent intraday trading after breaking below the 1.1390 support level, our final downside target. The break confirms continued selling pressure and bearish control, amid weak positive momentum.
The pair remains below its EMA50, which continues to support the short-term downtrend. However, relative strength indicators have entered oversold territory, which may slow further losses and allow for a corrective rebound or temporary consolidation before the next move.
🇺🇸🇯🇵 USD/JPY Approaches Historic Resistance!
USD/JPY is trading near 161.65 and remains strongly bullish as buyers target the all-time high around 162.00.
📈 Bullish above 160.00
🎯 Key Resistance: 162.00
📊 Momentum remains positive
Will USD/JPY break into new highs?
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