GBP, DXY PRICE, CHARTS AND ANALYSIS:GBP/USD Appears Vulnerable to Further Downside Following Trendline Rejection.Fundamentals and Geopolitics Give the USD the Upper Hand, Keeping it Supported.The Possibility of Rangebound Trade Ahead of the FOMC and Central Bank Meetings Remains a Possibility.To Learn More About Price Action, Chart Patterns and Moving Averages, Check out the DailyFX Education
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BITCOIN, CRYPTO KEY POINTS:iShares Bitcoin ETF Listed and then Delisted from the DTCC… What Does This Mean?MicroStrategy Bitcoin Bet of $4.7B Back in the Green. Average Price of Around $29520.Retracement May be in Order Following Extended Upside Rally with RSI in Overbought Territory.To Learn More AboutPrice Action,Chart Patterns and Moving Averages,Check out the DailyFX Education
DXY, GBP/USD PRICE, CHARTS AND ANALYSIS:GBP/USD Looks to Recover with a Trendline Break Pending and UK Labor Data Ahead Tomorrow.US Dollar Index Retreat a Welcome for Cable Bulls as Geopolitical Concerns Linger.IG Client Sentiment Shows Retail Traders are Net Long on Cable. As We Take a Contrarian View to Client Sentiment at DailyFX, Are We
Most Read: US Dollar Outlook: USD/JPY Flat, AUD/USD Dives after Rejection, USD/MXN SoarsEUR/USD TECHNICAL ANALYSISEUR/USD pulled back on Wednesday after failing to clear channel resistance located just below the 1.0600 handle, thereby putting an end to a two-day winning streak. The retreat was amplified by the broad-based strength of the U.S. dollar, driven by the
XAU/USD, XAG/USD PRICE FORECAST:Gold (XAU/USD) Rally Gathers Steam Following Gaza Hospital Blast.Dollar Index (DXY) Resumes Bullish Moves as Treasury Yields Hit Multi-Year Highs but Gold Remains Unfazed.IG Client Sentiment Shows that Retail Traders are Overwhelmingly Long on Gold and Silver.To Learn More About Price Action, Chart Patterns and Moving Averages, Check out the DailyFX Education
Australian Dollar, US Dollar, AUD, US, China Data – Talking Points:The Chinese economy more than forecast in the third quarter.Industrial output, retail sales grew more than expected last month.What does this mean for AUD/USD?Looking for actionable trading ideas? Download our top trading opportunities guide packed with insightful tips for the fourth quarter! The Australian dollar
Gold, XAU/USD, US Dollar, Treasury Yields, Israel, Federal Reserve, GVZ Index – Talking PointsThe gold price appears comfortable above US$ 1,930 going into Wednesday’s trading sessionTreasury yields are making new highs again but gold appears unfazed by itThe US Dollar has been choppy despite global uncertainty. Will XAU/USD remain bid? The gold price is holding