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Economy

Eurozone inflation holds steady at 2% in July

Ahmad Elbasioni Aug 1, 2025
Inflation in the Eurozone held steady at the European Central Bank’s 2% target in July, slightly above the 1.9% forecast, reinforcing the ECB’s more dovish outlook on price pressures. The stable reading supports the central bank’s…
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Technical Outlook

BTCUSD – Break Below Two-Week Range Signals Weakness, but Key Support Remains Intact

Ahmad Elbasioni Aug 1, 2025
BTCUSD dropped to a three-week low around the 114K area on Friday morning, as market sentiment weakened following President Trump's latest orders to impose trade tariffs on several countries. The decline, which broke below a two-week…
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Technical Outlook

Gold rebounds from a multi-week low, but upside momentum remains capped by strong resistance

Ahmad Elbasioni Jul 31, 2025
Gold prices rebounded on Thursday from a one-month low at $3,268, recouping much of Wednesday’s sharp 1.6% decline. The previous drop was driven by a stronger U.S. dollar, which surged on the back of recent U.S. trade agreements and…
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Technical Outlook

GBP/USD remains under sustained pressure

Ahmad Elbasioni Jul 30, 2025
The British pound extended its steep decline on Wednesday, falling to its lowest level in nearly two and a half months. The pair has dropped for five consecutive sessions, sliding from the July 24 lower high at 1.3588. Sterling remains…
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Technical Outlook

EUR/USD extends sharp decline for a third straight day, awaits Fed decision for new direction

Ahmad Elbasioni Jul 30, 2025
EUR/USD continues its steep decline for the third consecutive session, shedding nearly 2.5% since Monday’s open, as a resurgent U.S. dollar weighs heavily on the euro. The greenback’s strength is being driven by a highly favorable U.S.–EU…
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Technical Outlook

WTI Crude – Bulls Take a Breather Below Cloud Top After Two-Day Surge

Ahmad Elbasioni Jul 30, 2025
WTI oil prices retreated slightly on Wednesday after hitting a fresh five-week high, easing from strong gains of more than 6% over the previous two sessions. The pullback was driven by partial profit-taking and rising uncertainty…
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Technical Outlook

The dollar continues to trend higher, supported by improved sentiment following the US-EU trade deal

Ahmad Elbasioni Jul 29, 2025
The dollar index maintained a strong tone on Tuesday, climbing to a fresh five-week high and extending Monday’s sharp 1.1% gain—the largest one-day rise since May 12. The greenback surged after the U.S. and European Union reached a trade…
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Technical Outlook

USDJPY – Bulls Show Signs of Fatigue Near Key Resistance but Maintain Control

Ahmad Elbasioni Jul 29, 2025
The strong three-day rally began to lose momentum on Tuesday, with the daily chart forming a long-legged Doji candle—typically a sign of market indecision. Bullish momentum showed signs of fatigue after the pair retraced over 76.4% of…
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Technical Outlook

Gold drops to three-week low as dollar strengthens on US-EU trade agreement

Ahmad Elbasioni Jul 28, 2025
Gold extended its decline for the fourth consecutive session on Monday, continuing the slide from last week’s high at \$3438. The metal dropped to a three-week low, pressured by a stronger U.S. dollar following the US–EU trade agreement.…
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Technical Outlook

XRPUSD – Bulls regain momentum as pullback finds solid support around the \$3.00 area

Ahmad Elbasioni Jul 28, 2025
XRPUSD climbed to a five-day high on Monday, extending its rebound for a third consecutive session. The latest advance pierced the 50% Fibonacci retracement of the \$3.6522–\$2.9525 pullback, strengthening signals that the correction may be…
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Lastest Posts
  • December NFP Shows Slower U.S. Job Expansion

  • EURUSD – upcoming daily Ichimoku twist points to additional downside

  • BTCUSD struggles to break above key $94K range ceiling

  • Gold breaks above $4,500, poised for further gains amid renewed geopolitical tensions

  • WTI oil retests pivotal barriers on Venezuela uncertainty

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