Gold price jumped on Wednesday (up 2.2% until early US session) following another failure at strong $4000 support (metal failed to register clear break below this level in six consecutive attempts. Weaker than expected US private sector employment data for June and comments from Fed Chair Warsh that inflation risks have eased, lifted metal’s…

Brent price fell on Wednesday, after holding within narrow range in past two days, on track for eventual close below Fibo support at $73.04 (76.4% retracement of $58.70/$119.47 advance), after four consecutive failures at this level. Persisting optimism on signals of progress of peace talks in the Middle East would open way normalization of…

Recovery leg from 1.1324 (2026 low, posted last week) started to lose traction, as better than expected inflation numbers from some EU member countries (Germany, France, Italy) cooled expectations for ECB rate hike. Markets wait for the EU June CPI data (due tomorrow), as well this week’s release of US labor sector report for June. Renewed…

Japanese yen continues to weaken against the US dollar, as the US currency remains well supported by growing Fed rate hike expectations, while lack of real action from Japanese authorities to support their currency (intervention rhetoric remains unchanged), continues to deflate yen. Break of former top of June 2024 (161.95) pushed the price…

BTCUSD falls below 60K mark after another failure to extend recovery from new 2026 low (57992) and register firm break above psychological barrier. Near-term structure (hourly chart) showed some signs of strengthening that boosted expectations for recovery breaking above congestion in past few sessions. However, hopes were so far short-lived…

The dollar extends its gradual easing from new one-year high, with dips being so far limited (Friday’s long-tailed daily candle signals still strong bids). End of month / quarter prompts some profit-taking as dollar rallied for two consecutive months and on track for the biggest monthly gain (June) in eleven months. However, traders may…

USDJPY was a tad lower on Friday but remains close to new peak at 161.95 (Thursday / 3 July 2025) and in the zone where Japanese authorities may intervene. Profit-taking at the end of the week and on overbought daily studies was mainly behind today’s easing, which is likely going to be limited, as dollar remains well supported by strong…

Gold price ticks higher on Friday after repeated failure to register clear break of psychological $4000 support. The metal is on track for the fourth consecutive weekly loss, pressured by stronger dollar on growing expectations that Fed will start raising interest rates, with the first action expected as early as September. Thursday’s US PCE…