The Middle East tension pushes the market into a cautious mode; oil, gold, and the safe-haven currencies gain.
Tag - gold
The market sentiment is still off due to the Iran-US tensions.The Japanese markets are open after the holidays. As a result, markets are open with a gap.
The market sentiment is off due to the Iran-US tensions.
Coming to the year-end, the USD is the weakest among the majors. The USD's slip may prolong in 2020. Get clues on the risks for the USD and check the direction of EUR/USD, GBP/USD, USD/JPY, USD/CHF, and XAU/USD.
Many say gold price has all the reasons to rise in the coming year. Will that be the case? Let's investigate together.
The economic calendar doesn't provide interesting events to trade on. Let's take a look at the technical setup to get signals. EUR/USD, GBP/USD, USD/JPY, and XAU/USD are under consideration.
Market sentiment was supposed to improve due to the positive comments about US-Sino trade tensions.
Parliament Brexit Vote is the major event that will affect not only the British pound but market sentiment in general.
Flash Manufacturing and Services PMI releases will affect the EUR, GBP, and USD.
The day will be highlighted by American economic releases.
EUR is falling against the GBP, rising against the USD but not for long
XAU/USD ran into the resistance of the 50-day MA in the 1,481.65 area. Learn more!