XAU/USD experienced a hesitant trading session on Thursday, oscillating between minor gains and losses. Investors remained cautious, refraining from significant moves in anticipation of the crucial U.S. jobs data set to release before the weekend.
The upcoming November nonfarm payrolls report, due in a few hours, is expected to shed light on the labor market's...
After descending from a double top formation at 151.54, USD/JPY established a support level at 148.25. However, it has recently breached this support, indicating a potential move towards the next support level at 145.53.
Investor attention was captivated early on Friday by Japan's unemployment data. The unemployment rate saw a decline from 2.6% to 2.5% in...
The USD/JPY pair has been experiencing downward pressure, partially due to a broad dollar weakness, which is evident as the yen gains traction against other major currencies. Currently, the pair is trading below its 50-day Simple Moving Average (SMA), a level that once provided solid support, signaling a potential shift in the market sentiment towards the...
