EUR/USD trades with a bullish bias ahead of key Eurozone inflation data, supported by rising European bond yields and softening U.S. rate expectations, with a breakout toward 1.18 in sight.
About Mahmoud Abdallah
Mahmoud has been working fulltime in the Foreign Exchange markets for 12 years. Offers his analysis, articles and recommendations at the most renewed Arabic websites specialized in the global financial markets, and his experience gained a lot of interest among Arab traders. Works on providing technical analysis, market news, free signals and more with follow up for at least 12 hours a day, and aims to simplify forex trading and the concept of trading for his audience.
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Gold continues its strong bullish trend, trading near $4200 amid USD weakness and rising rate cut expectations, with technical signals pointing to a potential breakout toward record highs.
Gold remains in a firmly bullish trend despite a recent pullback, with traders eyeing $4140 as a buying opportunity amid strong central bank demand, dollar softness, and supportive technicals.
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EUR/USD trades neutrally near 1.1600 as stronger-than-expected inflation data offers modest support, but bulls need a stronger catalyst—like ECB commentary or U.S. labor data—to break decisively toward 1.1800.
Gold prices surged to $4265 as XAU/USD continues its bullish breakout trend, supported by Fed rate cut expectations and central bank gold purchases.
EUR/USD trades near 1.1600 in a neutral triangle pattern, with a breakout likely as traders await Eurozone inflation data and Fed policy clues, amid growing divergence between ECB and Fed outlooks.
EUR/USD remains in a neutral range near 1.1600, with traders eyeing PMI data and geopolitical developments for a breakout above 1.1700 or a drop below 1.1500.
Gold (XAU/USD) has resumed its strong bullish trend, breaking above $4220 resistance and aiming for new record highs amid Fed rate cut expectations and geopolitical developments.
EUR/USD continues its rebound near 1.1615 in a neutral trend, with thin holiday trading and weak Eurozone data keeping the pair capped below key resistance at 1.1720.
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Gold prices remain bullish near $4145, with the market eyeing a breakout above $4220 as Fed rate cut expectations and strong global demand continue to support XAU/USD.
Gold prices remain bullish above $4160 as expectations of a Fed rate cut lift sentiment, but further gains depend on breaking the critical $4220 resistance level.
EUR/USD is stabilizing near 1.1560 amid improved sentiment and mixed US data, but technical indicators and Fed policy uncertainty keep the pair within a cautious bearish trend.
