setups

The US dollar remains in high demand, causing the USDCAD to gain momentum near the 1.3642 level.

The EUR/USD pair, currently trading at 1.07236, loses strength in its temporary recovery from a recent low, due to increasing support for a more hawkish stance from the Federal Reserve.

The GBPUSD currency pair is recovering slowly at its lowest point in three months, as it consolidates the losses it incurred from the 78.6% Fibonacci ratio. According to the viewpoint of analyst @nehcap, there is only expected to be a minor improvement in the currency's value.

The currency pair NZDUSD is still in a defensive position, trading below the 0.5900 level due to the USD gaining strength.

The price of gold, currently at 1,917.87 in the XAUUSD market, has reduced its earlier declines and reached its lowest point for the week after experiencing five consecutive days of losses. According to the perspective of Nehcap, it is anticipated that there will be more negative movement in the future.

The AUDUSD currency pair is currently at a YTD low of 0.63837 and is stagnant, waiting for various important factors to influence its movement.

The EURJPY pair is holding steady around 158.31 at the start of Thursday's Asian trading session after trading near 158.350.

On Wednesday, the value of XAGUSD dropped by over 1.50%, reaching approximately $23.00.

The EURUSD is currently at a level of 1.0725, and it is trading in a neutral manner with slight gains.

The US Non-Manufacturing PMI data has exceeded expectations for #GBPUSD trading at a rate of 1.25030. This has led to the speculation of a potential increase in interest rates by the Federal Reserve in November.