The dollar regains traction and bounces from five-week low on Thursday, following repeated failure at pivotal Fibo support at 101.13 (38.2% of $98.55/$102.72), with repeated close above this level, to form a bear trap and generate initial bullish signal. Near term sentiment improves after the greenback was hit by results of US midterm election,…

Brent edges higher in early Thursday’s trading after suffering heavy losses in past three days (only on Wednesday Brent lost over 9% of its value). Partial profit taking lifted the price from new multi-week low ($93.40) after a sharp fall was contained by significant technical supports provided by 50% retracement of $70.13/$117.43 rally /…

Near-term action remains constructive and attempts on the upper side of four-week range, following repeated downside rejection at 1.1100 zone (reinforced by 200WMA). Fresh positive momentum supports the action which requires clear break above 1.1237/47 (Monday’s peak / Fibo 23.6% of 1.1711/1.1104 descend) to generate initial bullish signal (base…

Brent oil fell sharply on Monday, driven by fresh way of optimism following talks between Iran and Qatar officials that boosted hopes of possible end of war between US/Israel and Iran. The news provided strong relief to the markets after the latest tough rhetoric from President Trump, including a massive attacks on Iran that threatened to put…

Gold fell sharply on Friday to eventually clearly break psychological $4000 support (after a number of failures in this zone) hitting the lowest since early October 2025, following violation of next round-figure support at $3900. Persistently high oil prices continue to fuel inflation concerns that prompted most of major central banks to take…

BTCUSD remains firmly in red for the second straight day and extends drop below psychological 80K support, to hit six-week low on Friday. Several factors contributed to the latest acceleration lower, with multi-billion loss on Binance security breach sending the shockwaves through crypto markets and fresh risk aversion, driven by weakening…

AUDUSD rose to one-month high on Wednesday, lifted by higher than expected inflation in the third quarter that boosted expectations for RBA rate hike in the next policy meeting. Consumer prices advanced by 1.3% in Q3 compared to 0.6 in Q2 while annualized CPI was unchanged at 3.9%. Core inflation was up by 3.7% from previous quarter’s 3.6%.…

The New Zealand dollar fell sharply against its US counterpart on Wednesday, following surprise decision of the New Zealand central bank to keep interest rates unchanged against expectations for 25 basis point rate hike. The pair was down 1.6% in immediate reaction to RBNZ decision, with signals from policymakers about further tightening in coming…