Gold accelerated lower (down almost 2%) on Friday after losing solid supports at $3300 zone, which previously contained several attacks. The metal lost ground on sharply fading geopolitical tensions, as well as growing positive signs of final US-China trade deal that significantly deflated safe haven demand. Gold is on track for the second…

EURUSD extends steep ascend into fourth consecutive day and hit new 2025 high (also the highest since Sep 2021) on Thursday. Revived risk appetite on signs that the ceasefire in Middle East was so far stable and weaker dollar on fresh concerns about the independence of the US central bank, on signals that President Trump may replace Jerome Powel…

Gold extends recovery from strong support at $3300 zone, where recent drop was contained, with formation of bear-trap pattern on daily chart, adding to bullish near-term outlook. Weaker dollar and fresh concerns over renewed clash between President Trump and Fed Chief Powell over the monetary policy and signals that Trump is looking for Powell’s…

Cable remains steady and holds within a narrow consolidation just below new multi-month high (1.3648), posted on Tuesday, following strong bullish acceleration in past two days. Revived risk appetite on growing confidence in still fragile ceasefire in the Middle East, continues to underpin near-term action, as markets await more details from Fed…

WTI oil price ticked higher on Wednesday morning as bears take a breather after a massive losses in past two days (down around 16%). Bears found solid support at $64.00 zone (Fibo 61.8% of $55.40/$77.88 rally / just above top of thick daily Ichimoku cloud) with oversold daily conditions adding to scenario of a partial profit-taking from recent…

Gold fell to two-week low on Tuesday after the metal showed a mild reaction as a safe haven on US involvement in Israel-Iran conflict on the side of Israel and failed to react on late Monday’s Iranian attacks on US military bases in Qatar and Iraq. But gold price fell sharply overnight, initially on signals that there was no significant damage…

WTI oil price collapsed in late US session on Monday, following the latest news on Iranian attack at US military bases in the Middle East (Qatar and Iraq) in retaliation to US massive attack on Iranian nuclear installations, a day earlier. Oil price fell from $74.30 where it was just before the attack, to $68.17, the lowest in one week, with…

USDJPY remains constructive so far, despite strong rejection at 148 barrier earlier today. The pair opened with gap higher and accelerated through 146.77/88 barriers (100DMA / Fibo 61.8% of 151.20/139.88) to crack psychological 148 level, before turning lower. Quick pullback signaled that bulls lost traction, with overbought conditions on…