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  • BRENT OIL continues to advance on persisting uncertainty in the Middle East
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  • EURUSD – bulls take a breather ahead of fresh advance
  • GOLD rises over 3% on weaker dollar
  • UK inflation jumps to four-month high in July
  • DOLLAR INDEX breaks key supports
  • GOLD – bulls take a breather under new multi-week high ahead of US economic data
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Technical Outlook

BRENT OIL continues to advance on persisting uncertainty in the Middle East

Slobodan Drvenica Aug 21, 2026
Technical Outlook

BTCUSD hits the highest in almost four months following rally of over 20% in past three days

Slobodan Drvenica Aug 21, 2026
Technical Outlook

GOLD – the downside remains vulnerable after bears cracked critical $4000 support

Slobodan Drvenica Oct 22, 2025
Gold remains in roller coaster mode, as a lot of action has been seen since late last night’s update, with all options still being on the table. Slight optimism was sparked after Tuesday’s closing above $4100, though subsequent gains…
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Technical Outlook

GOLD registers the biggest daily loss in five years as pullback accelerated after violating key…

Slobodan Drvenica Oct 21, 2025
Gold price collapsed on Tuesday, falling around 6% in the biggest daily drop since 2020, after hitting a series of new record highs in past few sessions. Correction was not a surprise as daily studies were strongly overbought for some…
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Technical Outlook

GBPUSD – biased lower while below thickening daily cloud

Slobodan Drvenica Oct 21, 2025
Cable remains in red for the third straight day with fresh weakness on Tuesday, pointing to negative signals developing on daily chart. Friday’s false break above daily cloud, left Doji candle with longer upper shadow and subsequent drop…
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Technical Outlook

EURUSD – mixed signals while the price holds within daily cloud

Slobodan Drvenica Oct 20, 2025
The Euro remains in red on Monday, although with limited downside so far, after Friday’s strong upside rejection left bearish daily candle with long upper shadow and formed a bull-trap at daily cloud top, generating initial negative signal.…
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Technical Outlook

BTCUSD – recovery extends into second straight day but risk of stall under daily cloud…

Slobodan Drvenica Oct 20, 2025
BTCUSD recovery extends into second straight day and cracks 111K barrier, following another strong downside rejection (Friday’s spike to 103500 zone and short-lived break below ascending 200DMA). Double weekly candle with long tail added…
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Technical Outlook

GOLD is consolidating after Friday’s 2% pullback, bulls to remain in play while $4200/$4162…

Slobodan Drvenica Oct 20, 2025
Gold holds within a narrow consolidation on Monday following almost 2% pullback from new record high ($4380) on Friday, driven by surprise comments from President Trump that the latest tariffs on China’s imports won’t be sustainable.…
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Economy

President Trump’s comment that 100% tariffs on China would not be sustainable lifts US stock…

Slobodan Drvenica Oct 17, 2025
U.S. President Donald Trump unsettled financial markets on Friday after acknowledging that a proposed 100% tariff on Chinese goods would be unsustainable. However, he placed the blame for the latest breakdown in trade negotiations on…
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Technical Outlook

WTI OIL – bears may take a breather to position for fresh push lower

Slobodan Drvenica Oct 17, 2025
WTI oil price fell further on Friday, remaining on track for the third consecutive weekly loss and the second straight weekly close below $60 mark. Oil remains under pressure from darkened demand outlook, with the latest forecast from…
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Technical Outlook

GOLD continues to hit new record high in each session, peaks near $4400 on Friday

Slobodan Drvenica Oct 17, 2025
Gold continues to hit new record high on daily basis and rose to $4380 in early Friday trading, after the metal rallied 2.8% on Thursday and closed above $4300, recording new fastest move between two round-figure levels of just one day.…
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Technical Outlook

Dollar index – pullback faces headwinds from important technical support

Slobodan Drvenica Oct 16, 2025
The dollar holds in red for the third consecutive day, weighed by escalation of US-China trade conflict and recent dovish remarks from Fed chair Powell that add to strong expectations for two Fed rate cuts by the end of the year.…
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Latest Posts
  • BRENT OIL continues to advance on persisting uncertainty in the Middle East
  • BTCUSD hits the highest in almost four months following rally of over 20% in past three days
  • EURUSD – bulls take a breather ahead of fresh advance
  • GOLD rises over 3% on weaker dollar
  • UK inflation jumps to four-month high in July

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