EUR/USD refreshes nine-month low below 1.1700 as DXY challenges yearly top

Generally speaking, EUR/USD is running across. As of late, EUR/USD weakened after the arrival of the hawkish Federal Reserve meeting minutes. A descending sloping direction line from June 18 difficulties EUR/USD bears around 1.1655 before guiding them to the late 2020 base encompassing 1.1600. Then again, supported trading past 1.1700 becomes important to persuade buyers. As of now, EUR/USD is trying to break beneath the critical resistance of 1.17. Its next support zone is at 1.16300 and the following resistance zone is at 1.17600. Search for transient selling chances of EUR/USD on the off chance that it breaks beneath the critical resistance of 1.17.

GBP/USD Forecast: Modest comeback does not grant a bullish extension

The GBP/USD pair has rebounded from the 61.8% retracement of its July range, yet the development slowed down around the half retracement of a similar meeting at 1.3775, the prompt resistance level. Overall, GBP/USD is running across. As of late, GBP/USD debilitated after the arrival of the hawkish Federal Reserve meeting minutes. GBP/USD’s next support zone is at 1.36000 and the following resistance zone is at 1.38000. Search for transient selling chances of GBP/USD. Again, supported trading past 1.1700 becomes important to persuade buyers. As of now, EUR/USD is trying to break beneath the critical resistance of 1.17. Its next support zone is at 1.16300 and the following resistance zone is at 1.17600. Search for transient selling chances of EUR/USD on the off chance that it breaks beneath the critical resistance of 1.17.

AUD/USD breaches 0.72 for the first time since Nov 2020, King dollar dominates

AUD/USD is moving downwards. As of late, AUD/USD weakened after the arrival of the hawkish Federal Reserve meeting minutes. Currently, AUD/USD is trying the support zone of 0.72200 and the following resistance zone is at 0.73300. Search for momentary selling chances of AUD/USD if it breaks the support zone of 0.72200. The pair stays presented to the 0.7180 help and afterward to the 0.7000 mental magnets. On the other side, any ricochet might focus on July’s low of 0.7288 and the 0.7300 imprints. The US dollar bulls stay unabated so far this Thursday, knocking off AUD/USD beneath the 0.7200 interestingly since November 2020.

Gold Price Forecast: XAU/USD tests $1780 support as Fed minutes-led sell-off extends

Gold cost is compressing lows close to $1780, searching for a supported break underneath the round number to expand the drawback towards the $1750 support region. The negative supposition grasps gold cost, as the US dollar holds the higher ground amid a twofold supporter shot. In any case, disappointments will probably prompt a drawback continuation of the more extensive negative pattern to focus on the half mean inversion and the conjunction of the 200-day Smoothed MA almost 1,755 and afterward 1,677 day by day swing lows will be key in such manner. At the hour of composing, XAU/USD is exchanging at $1,784 and has been holding in the scope of between $1,777.43 the low and $1,7933.83 the high.