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  • 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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Economy

A sharp decline in job growth and a rise in unemployment signal a slowdown in the U.S. labor market.

Ahmad Elbasioni Aug 1, 2025
U.S. nonfarm payrolls rose by just 73,000 in July, significantly below the forecast of 110,000 and well under June’s sharply revised figure of 14,000 (down from the initially reported 147,000). The unemployment rate edged up to 4.2% from…
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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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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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