US Dollar Forecast: Bullish DXY Outlook as Treasury Yields Climb, Gold Prices Slip – FX Empire
subscribe to notifications Important disclaimerThe content provided on the website includes general news and publications, our personal analysis and opinions, and content provided by third parties for educational and research purposes only. This does not constitute, and should not be read as, a recommendation or advice to take any action, including investing or purchasing any […]
Election Forecast Models Shift in Favor of Trump Victory in Election
Several election prediction models have changed in favor of former President Donald Trump defeating Vice President Kamala Harris in the upcoming presidential election. FiveThirtyEight, polling expert Nate Silver, JL Partners, Decision Desk Headquarters, and hill published election predictions from their model, which found that Trump is more likely than Harris to win the next election. […]
GBP/USD Price Forecast: Bears have the upper hand while below 1.3135 confluence – FXStreet
GBP/USD fell slightly at the start of the new week as the US dollar rose modestly. The fundamental backdrop supports the outlook for further declines. A slide to 1.2960 confluence support looks like a clear possibility. The GBP/USD pair has struggled to capitalize on its two-day-old recovery move from the 1.2975 area, a nearly two-month […]
Gold Price Forecast: XAU/USD hits another record high above $2,700 – FXStreet
Gold prices gained momentum to near $2,720 in early Asian time on Monday. Uncertainty and geopolitical risks surrounding the US election have increased demand for safe-haven assets such as gold. Concerns about China's economic slowdown could weigh on XAU/USD. Gold prices (XAU/USD) expanded to around $2,720 in early Asian time on Monday. Tensions in the […]
Trump overtakes Harris for first time in Decision Desk HQ/The Hill election forecast
Former President Trump on Sunday surpassed Vice President Harris for the first time in Decision Desk Headquarters/The Hill's election forecast for this term. As of Sunday, the model predicted Mr. Trump had a 52% chance of winning the presidency, and Ms. Harris had a 42% chance. Election forecasts from late August put Harris' chance of […]
Silver (XAG) Forecast: Will Anticipation of China’s Stimulus Drive Prices to $35.40 – FX Empire
Weekly Gold (XAU/USD)Silver's strong rally this week was largely helped by gold's record performance. As gold soared above the $2,700 per ounce threshold, silver followed suit, reflecting the metals' historically close correlation. Geopolitical tensions, particularly in the Middle East, played a key role in the rally as investors sought safe haven assets. The conflict between […]
Gold (XAU) Price Forecast: Geopolitical Tensions Propel Gold Beyond $2,700 – FX Empire
Middle East conflict increases demand for safe havens The escalating conflict between Israel and Hezbollah has been a major driver of gold's recent rally. Investors became more risk-averse after Hezbollah announced it would expand its involvement in the war against Israel. With the escalation of war showing no signs of slowing down, the appeal of […]
Trump takes the lead over Harris for the first time in 538 election forecast
Former President Donald Trump took the lead with the famous 538 election prediction model for the first time since it began measuring the 2024 presidential election. “The slow trickle of votes showed that the race was tight.” The model, which has run 1,000 election simulations, currently gives Trump a 52% chance of winning. Based on […]
USD/JPY Price Forecast: Rallies above 150.00 on strong US Dollar – FXStreet
The USD/JPY exchange rate remained at 150.21, extending its rise for the second consecutive day on the back of rising US bond yields. The RSI is gaining bullish momentum, suggesting that the pair is approaching a key resistance level above the Ichimoku cloud (Kumo). The next resistance levels include the 100-DMA at 150.85 and the […]
Gold Price Forecast: Bull Flag Breakout Targets New Highs if Strength Continues – FX Empire
Today’s low of 2,659 is the main short-term support A decline below today's low of 2,659 could lead to a test of support near the top flag trend line or the 20-day moving average near 2,645. However, if the 20-day line fails to hold as support, a deeper retracement may occur and the bull flag […]