Markets are back to business and accelerated in unchanged direction after short Easter break. Gold jumped around 1.8% in Asian/early European trading, hitting series of new record highs and pressuring psychological $3400 level. Fresh safe haven demand was sparked on growing uncertainty over escalation of US-China trade war and China’s warning…

WTI oil has registered the second weekly gain (the contract was up 3.3% this week), lifted by growing optimism over easing trade tensions between the USA and the European Union and signals of possible deal, new US sanctions on Iran and initial positive signals in US - China trade relations. Reversal signal is developing on daily and weekly…

The dollar index remains within a narrow consolidation above new multi-month low which extends into fifth consecutive day. Larger bears are taking a breather after a sharp fall in past two weeks, when the dollar was deflated by imposed and subsequent delayed massive US import tariffs that dented investors’ confidence in US economic stability.…

Gold broke above psychological $3300 barrier and hit new record high on Wednesday morning, as growing uncertainty over US-China trade war sparked fresh wave of migration into safety, with weaker dollar adding support to metal’s price. Deteriorating fundamentals after China decided to stop any further deliveries from Boeing, warn of severe…

AUDUSD extends steep upleg into fifth straight day and hit two-week high on Tuesday, as weakening US dollar and higher commodity prices continue to underpin Aussie dollar. Improving technical pictures on daily and weekly charts contribute to bullish outlook (daily MA’s mainly turned to bullish setup and positive momentum is strengthening, while…

Cable remains well supported at the start of the week and extends steep ascend into fifth consecutive day. Bulls crack 1.3200 barrier again (following last attempt and false break higher on April 3) but is likely to face headwinds at this zone again as daily indicators are entering overbought zone and traders may pull the break ahead of release…

The dollar edges higher on Monday as larger bears show signs of fatigue following last week’s massive losses. Weekly close below psychological 100 support (also near Fibo 61.8% of 89.15114.72 uptrend) and probe below the floor of larger range (99.20) has generated fresh bearish signal, which requires sustained break below these levels to be…

USDCHF fell to the lowest in ten years on Friday as safe-have Swiss franc shined on strong migration into safety, sparked by escalation of US-China trade war. Friday’s drop of 1.7% until early US trading comes in extension of nearly 4% loss on Thursday (the biggest one-day drop in almost three years) and the pair is on track a weekly drop of…