Dollar index – pullback faces headwinds from important technical support
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.…
Read More...
Read More...
USDJPY eases further on rate cut expectations but key supports still hold
USDJPY fell further on Wednesday as dovish remarks from Fed Powell added to expectations for Fed rate cuts in October and December and kept the dollar at the back foot.
Fresh bears hit one week low but faced strong headwinds at initial…
Read More...
Read More...
EURUSD – fresh recovery needs to close above daily cloud to brighten near-term outlook
The Euro edged higher on Wednesday morning, underpinned by weaker dollar on the latest remarks from Fed chief Powell which markets saw as more dovish and contributing to strong expectations for two rate cuts by the end of the year.
Fresh…
Read More...
Read More...
GOLD – bulls take a brief breather under new record high
Gold broke through $4100 barrier on Tuesday and hit new record high ($4179), pressuring next round-figure resistance at $4200.
Escalation of the newest trade war between the US and China after both sides imposed special taxes on their…
Read More...
Read More...
Silver at new record high, strong safe-haven demand and growing supply worries continue to underpin
Silver hit new record highs on Monday, after the price action accelerated and larger uptrend steepened in past couple of sessions.
Violation of psychological $50 barrier, for the first time in decades, generated bullish signal, with…
Read More...
Read More...
Bitcoin regains ground and reverses more than a half of the latest sharp fall
BTCUSD kept firm tone on Monday and attempts to extend recovery from new 3 ½ month low (102880) hit after the biggest drop in 2025 on Friday and Saturday, when bitcoin lost near 10% of its value.
Announcement of President Trump’s plan to…
Read More...
Read More...
GOLD – limited pullback from new record high keeps larger bulls intact
Gold price stays below $4000 mark for the second consecutive day, as traders collected profits after the metal broke through psychological barrier and hit new all-time high at $4059 on Wednesday.
Overbought daily studies and significance…
Read More...
Read More...
EURUSD – break of key 1.1600 support zone to spark fresh weakness
The Euro remains in red for the fourth consecutive day and pressuring again key supports at 1.1600 zone (thin daily cloud / double Fibo support - 38.2% of 1.1065/1.1918 ascend and 61.8% of 1.1391 / 1.1918 upleg) after attack on Wednesday…
Read More...
Read More...
Dollar – bulls face headwinds at important Fibo resistance
The dollar index keeps firm and holds near nine-week high on Thursday, on track for the best weekly performance in months.
Strong fall of Japanese yen amid political turmoil in Japan and deepening political crisis in the US and…
Read More...
Read More...
Gold – bulls take a breather ahead of attack at $4000 barrier
Good morning from the floor of Dubai EXPO 2025.
Gold remains top market performer, with some consolidation seen in early Tuesday’s trading, after the yellow metal’s price surged through $3900 and hit new record high at $3977 on Monday,…
Read More...
Read More...