Gold Price Forecast: Faces Bearish Reversal After Hitting Record High – FX Empire

New record high leads to pullback The new high on Thursday occurred near previously identified potential resistance zones derived from the confluence of several indicator targets. Gold surpassed the top price range of $3,043, but didn't go much before encountering resistance to stop the rise. Like all price levels, they should be considered as a […]

USD/JPY Price Forecast: Rises past 149.00 as traders eye key resistance – FXStreet

USD/JPY rose 0.34%, extending the two-day gathering, with buyers focusing on the key 150.00 level. While US retail sales data is impressive, weak manufacturing figures make it questionable about the economic momentum. Technical Outlook: Daily closings above 150.00 allow doors to open at 150.67, but support is at 149.00. USD/JPY rose for the second day […]