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…
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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…
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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…
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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…
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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…
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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…
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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…
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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,…
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Gold – limited correction under new record high seen as positioning for fresh move into…
Gold spiked to new record high at $3871 on Tuesday, in extension of Monday’s strong acceleration higher when the metal advanced 2%, in a biggest daily gain since May 6.
Mounting concerns about potential US government shutdown on Oct 1…
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Dollar index – bears regain control after recovery failed at key technical barriers
The dollar index stays in red for the second day, pressured by concerns about potential US government shutdown and brightened outlook for Fed rate cuts that partially offset positive impact from last week’s upbeat US economic data.
The…
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