Trending

  • EUR/GBP – Temporary Recovery Likely Before Bears Resume Control
  • NZD Surges on Hawkish RBNZ Rate Hike but Struggles to Sustain Gains
  • Brent Crude Surges More Than 4% Amid Escalating US-Iran Tensions
  • AUD/USD – Recovery Faces Strong Headwinds at Initial Fibonacci Resistance
  • GBP/USD – Recovery Meets Strong Resistance Near the Key 1.3400 Barrier
  • USD/JPY – Uptrend Resumes After Limited Correction, Focus Returns to Long-Term Peak
  • EUR/GBP – Broader Bearish Trend Poised for a Pause
  • Eurozone Inflation Slows More Than Expected in June, Reducing Pressure on ECB to Tighten Policy Further
  • EUR/USD Recovery Stalls Below 10-DMA as ECB Rate-Hike Expectations Fade
  • Japan’s Yen Slides to a Four-Decade Low as Authorities Refrain from Intervention Despite Firm Warnings

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Ahmad Elbasioni 413 posts 0 comments

Technical Outlook

EUR/GBP – Temporary Recovery Likely Before Bears Resume Control

Ahmad Elbasioni Jul 9, 2026
EUR/GBP traded within a narrow consolidation range on Thursday after a sharp selloff in recent sessions pushed the pair to its lowest level in more than a year. The cross is also on course for a third consecutive week of heavy losses,…
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Technical Outlook

NZD Surges on Hawkish RBNZ Rate Hike but Struggles to Sustain Gains

Ahmad Elbasioni Jul 8, 2026
The New Zealand dollar rallied roughly 0.75% immediately after the Reserve Bank of New Zealand raised its benchmark interest rate by 25 basis points to 2.50%, marking the first rate increase in nearly three years. While the move was…
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Technical Outlook

Brent Crude Surges More Than 4% Amid Escalating US-Iran Tensions

Ahmad Elbasioni Jul 8, 2026
a { text-decoration: none; color: #464feb; } tr th, tr td { border: 1px solid #e6e6e6; } tr th { background-color: #f5f5f5; } Brent crude surged more than 4% in Wednesday’s trading, extending its rebound…
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Technical Outlook

AUD/USD – Recovery Faces Strong Headwinds at Initial Fibonacci Resistance

Ahmad Elbasioni Jul 7, 2026
a { text-decoration: none; color: #464feb; } tr th, tr td { border: 1px solid #e6e6e6; } tr th { background-color: #f5f5f5; } AUD/USD traded in a narrow range on Tuesday, forming a Doji candle that signals…
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Technical Outlook

GBP/USD – Recovery Meets Strong Resistance Near the Key 1.3400 Barrier

Ahmad Elbasioni Jul 6, 2026
Cable remains confined to a narrow trading range for a second straight session following last week’s 1% rally, which completed a bullish reversal pattern on the weekly chart. The broader pullback from 1.3869 was successfully contained by…
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Technical Outlook

USD/JPY – Uptrend Resumes After Limited Correction, Focus Returns to Long-Term Peak

Ahmad Elbasioni Jul 6, 2026
USD/JPY surged in early Monday trading, putting the pair on track to fully retrace last week’s pullback from 162.84 to 160.47. The decline appeared to be a healthy correction within the broader uptrend, finding support at the 23.6%…
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Technical Outlook

EUR/GBP – Broader Bearish Trend Poised for a Pause

Ahmad Elbasioni Jul 3, 2026
a { text-decoration: none; color: #464feb; } tr th, tr td { border: 1px solid #e6e6e6; } tr th { background-color: #f5f5f5; } EUR/GBP edged higher on Friday after a sharp three-day selloff failed to deliver…
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Economy

Eurozone Inflation Slows More Than Expected in June, Reducing Pressure on ECB to Tighten Policy…

Ahmad Elbasioni Jul 1, 2026
Eurozone inflation slowed more than expected in June, with headline CPI easing to 2.8% from 3.2% in May, below forecasts of 3.0%. Core inflation, which strips out volatile food and energy prices, also cooled to 2.4% from 2.6%,…
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Technical Outlook

EUR/USD Recovery Stalls Below 10-DMA as ECB Rate-Hike Expectations Fade

Ahmad Elbasioni Jun 30, 2026
EUR/USD's recovery from the 2026 low of 1.1324, recorded last week, has started to fade as stronger inflation readings across several major Eurozone economies eased expectations for additional ECB rate hikes. Investors are awaiting the…
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Technical Outlook

Japan’s Yen Slides to a Four-Decade Low as Authorities Refrain from Intervention Despite Firm…

Ahmad Elbasioni Jun 30, 2026
a { text-decoration: none; color: #464feb; } tr th, tr td { border: 1px solid #e6e6e6; } tr th { background-color: #f5f5f5; } The Japanese yen remains under pressure against the U.S. dollar, with the…
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Lastest Posts
  • EUR/GBP – Temporary Recovery Likely Before Bears Resume Control

  • NZD Surges on Hawkish RBNZ Rate Hike but Struggles to Sustain Gains

  • Brent Crude Surges More Than 4% Amid Escalating US-Iran Tensions

  • AUD/USD – Recovery Faces Strong Headwinds at Initial Fibonacci Resistance

  • GBP/USD – Recovery Meets Strong Resistance Near the Key 1.3400 Barrier

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