Japanese yen continues to weaken against the US dollar, as the US currency remains well supported by growing Fed rate hike expectations, while lack of real action from Japanese authorities to support their currency (intervention rhetoric remains unchanged), continues to deflate yen. Break of former top of June 2024 (161.95) pushed the price…

BTCUSD falls below 60K mark after another failure to extend recovery from new 2026 low (57992) and register firm break above psychological barrier. Near-term structure (hourly chart) showed some signs of strengthening that boosted expectations for recovery breaking above congestion in past few sessions. However, hopes were so far short-lived…

The dollar extends its gradual easing from new one-year high, with dips being so far limited (Friday’s long-tailed daily candle signals still strong bids). End of month / quarter prompts some profit-taking as dollar rallied for two consecutive months and on track for the biggest monthly gain (June) in eleven months. However, traders may…

USDJPY was a tad lower on Friday but remains close to new peak at 161.95 (Thursday / 3 July 2025) and in the zone where Japanese authorities may intervene. Profit-taking at the end of the week and on overbought daily studies was mainly behind today’s easing, which is likely going to be limited, as dollar remains well supported by strong…

Gold price ticks higher on Friday after repeated failure to register clear break of psychological $4000 support. The metal is on track for the fourth consecutive weekly loss, pressured by stronger dollar on growing expectations that Fed will start raising interest rates, with the first action expected as early as September. Thursday’s US PCE…

Brent oil price hit pre-war levels (last traded on February 27) in early Thursday’s trading, as re-opening of Hormuz strait (20 million barrels passed through only yesterday) provides strong relief and continues to deflate oil prices. Analysts estimate that situation is going to completely normalize in next couple of weeks, with increased…

Steep bear-leg from 0.7000 zone extends into second consecutive day and hits the lowest levels since early April, as the Aussie dollar came under increased pressure from stronger dollar, driven by expectations that Fed may start tightening its monetary policy as early as September. Fresh fall in metal prices also contributed to pair’s…

The dollar continues to trend higher and hit highest levels in over one year on Wednesday, moving in a steep bull-leg that extends into sixth consecutive day. Growing bets of Fed rate hike (currently at 72% for September rate hike vs 45% previous month), following recent hawkish remarks from US policymakers and economic data signaling that US…