Gold price fell on Friday after recovery attempts previous day failed to regain pivotal barriers at $3371 (broken Fibo 23.6% of $2956/$3500) and $3400 (psychological) and signal that corrective phase off new all-time high is over. Fresh weakness probes again through lower triggers at $3300 (psychological) and $3292 (Fibo 38.2% of $2956/$3500)…

USDJPY remains constructive as bounce from multi-month low (139.88) holds above broken Fibo level at 142.55 (23.6% of 151.20/139.88 bear-leg, reinforced by 10DMA) for the third consecutive day. Safe haven yen benefited from the recent uncertainty over US trade tariffs and anticipated negative impact on global economy, advancing over 10% from its…

WTI oil edged higher on Thursday and recovered part of losses of previous day (down 2.4% for the day) after OPEC signaled further output increase from June. Limited recovery remains weighed by signals of further supply increase and with still unclear situation with tariffs, after calmer tones were heard from the US President yesterday.…

EURUSD rose in early Thursday’s trading signaling that larger bulls regained traction after two-day pullback from new four -year high (1.1573) found footstep at 1.1300 zone. Near-term bias is expected to remain firmly bullish while the price action stays above broken Fibo level at 1.1274 (61.8% retracement of 1.2349/0.9535) which reverted to…

Bitcoin hit the highest levels since early March on Wednesday, following strong acceleration higher which extended into third consecutive day. Fresh rally signaled continuation of recovery phase from 74389 (2025 low) which paused for narrow consolidation in past more than one week. Technical picture on daily chart turned to full bullish mode…

Gold remains in red for the second straight day and hit support at $3300 in early Wednesday, in extension of quick pullback from new record high at $3500, posted on Tuesday. Significance of $3500 level which many analysts saw as 2025 target and strongly overbought daily studies contributed to profit-taking that pushed the price around $200 in…

Bulls show initial signs of fatigue on approach to key barrier at 1.3434 (2024 high of Sep 26) after repeated failure to hold gains above 1.3400 handle. Strongly overbought conditions on daily chart signal that the recent rally of eleven straight days might be running out of steam. Dips were so far shallow and near term action still lacks…

USDJPY edged higher on Tuesday after bears cracked psychological 140 support and hit new multi-month low (139.88) and approached key med-term support at 139.57 (2024 low posted on Sep 16). Partial profit taking at this zone was quite logical action which provides a breather to larger bears, to consolidate and position for final attack at 139.57…