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  1. GOLD (XAU/USD): bouned from 200 SMA to above for the bullish trend to be resumed

    by , 08-15-2022 at 06:50 PM
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    Gold prices surged after economic data fueled Fed pivot bets. XAU's rally, fueled partly by short covering, may end soon, especially if the Fed sends a stronger response to ardent investors.
    The weekly price was bounced from 200 SMA at 1680 to above for the primary bullish trend to be resume if the price breaks 1814 resistance level to above with 1878 possible target to re-enter in the long term sotuation.

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  2. Germany Wholesale Price Inflation

    by , 08-15-2022 at 03:25 PM
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    Germany's wholesale price inflation slowed for the third straight month in July but remained at an elevated level due to higher raw material costs, Destatis reported Monday.

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  3. New Zealand Services Sector Slows In July

    by , 08-15-2022 at 12:16 PM
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    The services sector in New Zealand continued to expand in July, albeit at a slower pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 51.2.

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  4. NZD/USD Weekly Fundamental Forecast

    by , 08-15-2022 at 05:34 AM
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    NZD/USD rose in the aftermath of a softer US dollar post-CPI. NZD weighed down by proximity to China as US-China tensions flare up.

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