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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
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  • Eurozone Inflation Slows More Than Expected in June, Reducing Pressure on ECB to Tighten Policy Further
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Ahmad Elbasioni 413 posts 0 comments

Technical Outlook

Dollar index – Bears Hold Ground Above Multi-Month Lows as Markets Brace for Key U.S. Jobs Data

Ahmad Elbasioni Jul 2, 2025
The U.S. Dollar Index edged slightly higher on Wednesday after hitting a fresh 3.5-year low, supported by a surprise jump in the JOLTS job openings report, which improved short-term sentiment and triggered some profit-taking. However, the…
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Technical Outlook

GOLD – New Rally Offers Temporary Relief and Lifts Market Optimism

Ahmad Elbasioni Jul 1, 2025
The rebound from the June 30 low of $3,246 extended into a second straight session on Tuesday, gaining momentum and retracing over 50% of the two-week decline. The move was supported by a weaker U.S. dollar amid renewed tariff uncertainty,…
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Technical Outlook

USD/JPY – Bearish Momentum Intensifies

Ahmad Elbasioni Jul 1, 2025
The USD/JPY extended its decline on Tuesday, breaking below the 143.00 level after violating key Fibonacci support at 143.23 (61.8% retracement of the 139.88–148.64 rally). The downtrend from the June 23 spike high of 148.02 remains firmly…
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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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