EURUSD – Bears eye psychological 1.10 support, consolidation may precede attack
Euro remains firmly in red and holds just above new 2026 low (1.1160) on Thursday, pressured by strong dollar, higher oil prices and developing fiscal crisis in France.
In addition, overall negative German trade data (surplus narrowed,…
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GOLD – probe through base floor generate initial signal of bearish continuation
Gold came under increased pressure from stronger dollar on Wednesday and cracked key $4120/$4100 support zone (Fibo 76.4% of $3942/$4697 rally / round-figure) which contained several attacks in past two weeks.
Recent action with…
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US DOLLAR firms ahead of release of FOMC minutes
The dollar firmed on Wednesday and neared recent multi-month peak, to fully reverse Tuesday’s drop and neutralize signals for potential correction.
Higher oil price and safe-haven demand gave fresh boost to the greenback, already…
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CRUDE OIL rises on fresh geopolitical escalation, supply concerns
Brent rose further on Wednesday, following quick recovery after spike to $97.07 on Tuesday, reflecting fresh uncertainty in energy market after short-lived relief.
New clashes in Yemen, Ukraine’s attack on Russian oil refineries and Iran…
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USDJPY – MA death cross and falling daily cloud produce headwinds to recovery attempts
USDJPY remains constructive and moved to the upper side of four-day congestion but continues to face headwinds from fading bullish momentum and freshly formed 55/200DMA death cross (strong resistance zone at 158.33/92 provided by falling…
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GOLD – larger bears remain in play while bear-trendline caps
Gold ticked higher on Monday, enjoying slight support from fading expectations for Fed rate hike in October, though attempts to recover Friday’s post-NFP losses were so far limited.
The price remains on the lower side of…
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EURUSD falls further on worsening fundamentals, psychological 1.10 support coming in focus
Euro slipped to the new multi-month low in early Monday trading, as sentiment was soured further by growing concerns about deepening debt crisis in the bloc, after sharp sell-off of French government bonds added to fears that EU’s…
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BRENT price slips below $100
Brent price fell below $100 on Friday, reversing the large part of Thursday’s 5.5% rally, as sentiment continues to change on daily basis.
Initial fears of longer supply disruption on signs of fresh escalation of US-Iran conflict were…
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US nonfarm payrolls fall sharply in August, unemployment rises
The US Labor Department’s closely watched employment report showed that nonfarm payrolls increased by 29,000 jobs in September compared to downwardly revised rise by 133,000 in August (from initially reported 162,000) and strongly undershot…
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Dollar index hits new 2026 high
The dollar index continues to benefit from several key factors – growing expectations for more hawkish Fed, as rising oil prices fuel inflation, strong risk aversion environment that boosts its safe-haven appeal and sharp selloff in bond…
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