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AUD/USD gathers momentum for a breakdown below 0.6400

AUD/USD gathers momentum for a breakdown below 0.6400

The AUD/USD pair is displaying back-and-forth moves in a narrow range of 0.6400-0.6422 in the Tokyo session. The asset has turned sideways after a perpendicular fall from 0.6540 as the market sentiment turned extremely sour on geopolitical tensions.

AUD/USD News

EUR/USD: Price balancing on a tightrope over the abyss ahead of NFP

EUR/USD: Price balancing on a tightrope over the abyss ahead of NFP

EUR/USD has sensed buying interest below 0.9800 as risk-off is losing its grip. The DXY is expected to remain volatile ahead of the US NFP data. Fed’s extreme policy tightening measures are responsible for weaker NFP projections.

EUR/USD News

Gold: Will it chart a bull penant on weak US NFP? Premium

Gold: Will it chart a bull penant on weak US NFP?

Gold price is trading on the back foot but holding above the $1,700 mark on the final trading day of the week. Despite a three-day downtrend, the bright metal is on track for the largest weekly gain since March, up 3% so far this week.

Gold News

TRON price could pull a 180 on bears and trigger a 60% rally soon

TRON price could pull a 180 on bears and trigger a 60% rally soon

TRON price has been stuck trading inside a massive bearish pattern for more than a year. Although TRX came very close to triggering a bearish breakout, buyers stepped up and reversed the trend. If this development continues, there could be a bullish breakout for the altcoin.

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Nonfarm Payrolls Preview: Five scenarios for trading King Dollar as markets plead for pain Premium

Nonfarm Payrolls Preview: Five scenarios for trading King Dollar as markets plead for pain

No pain, no gain – this gym idiom resonates with stock bulls. The Federal Reserve has said it is willing to accept – and even wants to see – economic pain to see inflation falling. Last month was painful in financial markets, but did American employment also feel the pinch?

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