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Gold and silver break below triangle patterns, signaling short-term weakness while traders watch key long-term support levels for direction.
Gold ends July 2025 under pressure as U.S. Dollar strength and hawkish sentiment weigh on precious metals across global markets.
Bitcoin remains steady above $118K as traders digest the Fed’s hawkish pause and growing concerns over potential new tariffs.
Gold climbs back above the 100-day SMA as the U.S. Dollar rally loses steam following the Fed’s decision to hold interest rates steady.
EUR/USD climbs above 1.1550 as traders await the Fed policy decision and Eurozone GDP data for market direction.
GBP/USD climbs to 1.3360 as expectations of a Fed pause weaken the U.S. Dollar and boost demand for the Pound.
USD/JPY and AUD/USD brace for volatility as traders await key events including Fed and BoJ decisions, and Australian CPI data.
USD/JPY Outlook: Yen Rebounds from Weekly Low but Lacks Momentum Ahead of Key Central Bank Decisions
The Yen bounces off weekly lows against Dollar, but upside remains limited as traders await key central bank decisions from the Fed and BoJ.
USD/CAD falls below 1.3700 as investor sentiment improves following the US-EU trade pact, boosting demand for risk-sensitive currencies.
JPY and AUD traders await key drivers including BoJ policy moves, Fed data releases, and developments in US-China trade negotiations.