Gold Weekly Forecast: Bulls wake up as Powell adopts dovish tone at Jackson Hole
Gold (XAU/USD) gathered bullish momentum and climbed above $3,370 on Friday to end the week on a firm footing.
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GBP/USD Forecast: Pound Sterling could extend downtrend on a hawkish Powell tone
GBP/USD stabilizes slightly above 1.3400 in the European session on Friday after posting losses for four consecutive days and losing about 1% since the beginning of the week.
USD/CAD Price Forecast: Sits above 1.3900, highest since August ahead of Fed’s Powell
The USD/CAD pair trades with a positive bias for the fourth successive day on Friday and hovers around the 1.3915 region, or a three-month top during the early part of the European session.
Nasdaq Forecast: Index Holds Trendline Ahead of Powell – 22 August 2025
The NASDAQ 100 is consolidating near trendline support at 23,250, with upside potential toward 24,000 while 22,500 remains critical downside risk.
GBP/JPY Forecast: Bulls Challenge Key Barrier – 22 August 2025
The British pound is rallying against the yen, testing the 200 level as support from the 50-Day EMA keeps the bullish trend intact ahead of Powell’s speech.
GBP/USD Forecast: Weakens Ahead of Powell’s Jackson Hole Speech – 22 August 2025
The British pound dropped against the US dollar, with bearish pressure targeting 1.3250 while resistance at 1.36 caps upside ahead of Powell’s Jackson Hole speech.