#XAU/USD#On Friday, ...from Tradingwaves

05 May 2025, 11:16 · Views 2,305

#XAU/USD#On Friday, May 2, 2025, gold prices experienced a notable dip, briefly touching a daily low near $3,230 per ounce. This decline was influenced by a combination of factors, including a modest rebound in the U.S. dollar and a significant recovery in U.S. Treasury yields across various maturities, which collectively dampened investor appetite for the safe-haven asset . Earlier in the week, gold had fallen to $3,211.53 on Thursday, marking its lowest point since mid-April.

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XAU/USD

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#USD/CHF#The USD/CHF pair holding gains near 0.8850 suggests that the US Dollar is maintaining its strength, particularly in the context of market caution. This could be tied to a variety of factors, such as uncertainty in global markets, possibly related to geopolitical tensions or economic data releases. When market sentiment turns cautious, the US Dollar often benefits due to its status as a safe-haven currency, which might be why we’re seeing it advance against the Swiss Franc.

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#USD/CHF#The USD/CHF currency pair has weakened below the 0.88325 level due to growing uncertainty surrounding tariffs. Tariff-related concerns can create volatility in currency markets, as investors react to the potential impacts on global trade and economic growth. A weaker USD against the Swiss Franc could be a reflection of investor flight to safer assets, like the Swiss Franc, amid fears of disruptions in international trade or global economic instability caused by tariff impositions.

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#USD/JPY#USD/JPY Analysis: Price, Technicals, and Fundamentals Current Market Overview Here’s a fresh look at where USD/JPY stands and where it may head next: Price Snapshot As of May 5, 2025 the U.S. dollar is changing hands at roughly ¥144.25 per dollar, having briefly punched up toward the ¥145.00 area earlier in the week—its strongest level in nearly three weeks. Technical Analysis Indicators Technical Analysis Resistance: Immediate barrier sits in the ¥145.00–145.20 zone

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#GBP/JPY#GBP/JPY Price Analysis: April 17, 2025 Overview GBP/JPY Price Analysis – April 17, 2025 The GBP/JPY pair is currently testing a key resistance level near the nine-day Exponential Moving Average (EMA), around the 189.00 mark. Here's a breakdown of what this means and what to watch next: Technical Analysis Technical Highlights: Resistance Zone: The nine-day EMA has capped price action multiple times this month, making it a crucial resistance level.

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