Gold prices are gaining momentum after establishing a key daily low, signaling fresh upside potential. Technical patterns and supportive macro factors—like a softer US dollar, subdued real yields, and expectations of future Fed rate cuts—are aligning for a bullish outlook. Watch resistance near $2,040–$2,050 for next decisive moves.
Gold prices have established a daily low near $2,260, confirming key support and signaling renewed upside potential. Driven by easing Fed rate expectations, persistent inflation concerns, geopolitical tensions, and strong central bank demand, gold’s bullish momentum remains intact. Technical setups on 4H and 1H charts suggest a fresh impulse wave could propel XAU/USD higher in the near term. Monitor $2,280 and $2,300 resistance zones as next targets. #GoldMarket #XAUUSD
Canadian dollar gains momentum as USD/CAD reverses near August lows, supported by rising crude oil prices above $75/barrel and shifting rate expectations. With the Fed holding steady and the Bank of Canada cutting rates, the loonie’s outlook hinges on energy markets and central bank divergence. #Forex #USDCAD #CAD
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U.S. dollar strengthened sharply after May’s ISM Services PMI surged to 53.8, well above forecasts. Robust service sector activity and persistent inflation pressures boosted expectations for a “higher-for-longer” Fed rate path. EUR/USD, GBP/USD, USD/CAD, and USD/JPY all reacted as markets priced in slower rate cuts ahead.
USD/CAD technical analysis for September 4, 2025, shows the pair consolidating near 1.3540 with a moderate bearish bias. Key resistance levels at 1.3575 and 1.3600 remain intact, while support holds around 1.3510 and 1.3470. Indicators like a descending 50-period SMA, bearish MACD crossover, and RSI near 45 suggest potential short-term weakness. Watch for a break below 1.3500 to confirm further downside amid cautious US and Canadian economic signals. #Forex #USDCAD
USD/CAD holds a cautiously bullish stance as it breaks resistance at 1.3653, with upside toward 1.3784 and beyond under watch, supported by positive momentum indicators and technicals. Diverging central bank policies and oil price dynamics continue to shape the pair’s outlook. Credit: Original article by ActionForex.com
USD/CAD continues its ascent, now approaching the 1.3825 resistance level—a zone analysts see as a key barrier amid strengthening U.S. dollar forces and Canadian dollar pressures from weaker oil prices and domestic data. Watch for potential consolidation near this mark before any decisive breakout.
USD/CAD breaks above key 1.3600 resistance, signaling a bullish reversal backed by strong technicals and supportive fundamentals. Momentum points to further gains toward 1.3700 as the pair benefits from U.S. dollar strength and weaker CAD amid oil market and central bank dynamics. Full analysis: economies.com/forex/usd-cad-analysis
The US dollar has surged to a multi-month high, driven by robust economic data including strong job growth and GDP figures. Paired with a hawkish Federal Reserve signaling prolonged elevated interest rates, the greenback continues to outperform major currencies. Investors are pricing in sustained rate differentials amid persistent inflation, while weakness in other economies, like the eurozone, adds to the dollar’s appeal. Expect continued volatility as markets digest these dynamics.
