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Abstract:Powered by WikiFX: (GOLD, EUR/USD, GBP/USD, USD/JPY, ) Technical Analysis May 5, 2023
Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Gold pulls back slightly but holds firm—weak U.S. jobs data may spark another rally.
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Rupee continued to fall for the sixth time in seven trading sessions on Wednesday (June 4, 2025) under robust demand for the US dollar. The Indian National Rupee slipped past 86 to the US dollar. The fall is attributable to the bullish bets made by traders for the USD. The day saw the rupee falling to 86.025 before recovering to end the day at 85.90. It was 0.4% lower than the previous day's close.