EURGBP holds near the bottom of four-day narrow consolidation, just above multi-month low at 0.8361 (the lowest since May 2025). Near-term action remains firmly in red following Monday’s strong upside rejection and subsequent weakness (bearish daily candle with long upper shadow), reflecting negative signal from economic data as French consumer…

The dollar extends recovery leg into third consecutive day, retracing over 50% of 102.72/101.24 pullback on Tuesday. Calmer stock markets, particularly stabilizing sentiment in AI related sector, hawkish signals from the US policymakers and higher oil prices, contributed to dollar’s latest advance. All eyes are on Wednesday’s FOMC meeting,…

Brent oil opened with gap-lower on Monday, easing from the highest in nearly seven months, hit last Friday, pressured by fresh hopes of potential easing of hostilities between the US and Iran. The pullback was so far limited (the price was down over $3 in European trading) as situation in the region remains fragile, particularly due to…

Brent oil rose to the highest since early May on Friday, extending strong bullish acceleration from $110 zone into second consecutive day (the contract advanced 2.6% on Thursday and additional 1.4% on Friday morning). Growing threats that the situation in the Middle East (Yemen and Iran) could completely run out of control if conflicts escalate,…

Gold fell to two-week low on Thursday on repeated attempt through $4100 support, as oil prices climb further on signals of escalation of the conflict in the Middle East. Rising inflation (the latest US data showed that CPI & PPI remain in an upward trajectory, implying that the Fed would keep interest rates elevated for extended period) will…

USDJPY fell sharply during late Asian/early European trading on Thursday (down 0.8%) and attempts to break below multi-day range, after the action was repeatedly capped by daily cloud top / 200DMA. Fresh drop weakens the structure on daily chart, as the price moves deeper into thick daily cloud and breaks below daily Kijun-sen (157.16),…

EURGBP continues to trend lower and falls to the lowest since late May 2025 on Wednesday. The Euro was pressured by rise of French 10-y bond yields to the highest in over four years and further stretch of French German yield spread, while hotter than expected UK inflation lifted pound. Firmly bearish daily studies contribute to negative…

AUDUSD jumped to three-week high on Wednesday, advancing almost 0.5% in Asian/early European trading, lifted by comments from RBA official about worsening inflation outlook that boosts the central bank’s existing hawkish stance. Fresh acceleration broke above psychological 0.70 resistance and cracked pivotal Fibo barrier at 0.7025 (38.2%…