Gold price remains range bound, looks to US NFP report for fresh directional impetus – FXStreet

Gold prices remain confined to a narrow trading range amid mixed fundamental indicators. Geopolitical risks are supporting the metal, although recent strength in the US dollar has capped gains. Traders also appear to be passive, keeping an eye on the US NFP report before betting on the direction. Gold price (XAU/USD) is moving sideways within […]
EUR/USD Price Forecast: Two-day uptrend pauses near 50% Fibo., looks to US NFP for fresh impetus – FXStreet

EUR/USD is consolidating gains from Tuesday's over two-week lows. Investors are eagerly awaiting details of the U.S. jobs report before placing any new directional bets. This setup favors bullish traders and boosts the prospects of further upside. The EUR/USD pair struggled to capitalize on the gains recorded over the past two days and fluctuated within […]
ForexLive Asia-Pacific FX news wrap: Awaiting the US jobs (NFP) report – ForexLive

High Risk Warning: Foreign exchange trading involves a high degree of risk and may not be suitable for all investors. Leverage increases risk and loss. Before trading foreign exchange, you should carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some or all of your initial investment. Do not invest […]
Gold price bulls turn cautious near $2,525 hurdle, ahead of US NFP report – FXStreet

Gold prices continue to find support from a US dollar selling bias due to the dovish Fed stance. Concerns over a U.S. economic recession are further pushing down the price of safe-haven gold. Traders are being cautious ahead of the release of key U.S. employment data. Gold prices (XAU/USD) surged Thursday, approaching the $2,524-2,525 supply […]