| Updated: 
The precious metal gold has violated the upward channel at 1,940 level, and now it may head further lower towards the next support area of 1,922. On the higher side, resistance continues to stay at 1,952 level today. Checkout the Gold price forecast to learn more about the trade setup.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
Gold erases earlier gains Gold fell on Monday, erasing earlier gains during the Asian session. The precious metal rebounded on Friday after being hammered down following Feds meeting on Wednesday, but still settled with a 6.8% weekly loss, the worst performance since […]
NZD/USD Rises as Risk Appetite Returns Ahead of CPI Key Moments
NZD/USD traded near 0.5860 in early European hours, marking a fifth straight gain.
Risk sentiment improved after President Trump said he would pause tariffs on European goods over Greenland.
Investors now await […]
Boeing intends to cut 2,000 white-collar jobs in finance and human resources Boeing Co (BA) said earlier this week it intended to cut nearly 2,000 white-collar jobs in finance and human resources in 2023.The US company confirmed a report by Seattle Times that it expected "about 2,000 reductions this year […]
EUR/USD trades close to session highs after Euro zone manufacturing PMI, investor confidence data The euro managed to erase earlier losses and climbed to a session high against the US dollar on Monday, as the final value of the manufacturing PMI in the Euro zone for October coincided with the preliminary data and investor confidence in the […]
Loonie Holds Steady as Safe-Haven Demand Keeps USD/CAD Up Key Moments
USD/CAD traded roughly flat near 1.3700 during Asian hours on Friday after a three-day advance.
Safe-haven demand for the US Dollar strengthened amid uncertainty surrounding US-Iran tensions and risks in the Strait […]
WPP to buy Netherlands-based e-commerce consultancy Newcraft WPP said on Thursday that it would acquire Newcraft, a leading, data-first European e-commerce consultancy.Financial terms, however, were not disclosed.Established in 2007 and based in the Netherlands, Newcraft unlocks business […]