Ahmad Elbasioni 541 posts 0 comments

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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.…
Read More...

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…
Read More...

EURUSD retreated on Monday, erasing early gains after a gap-higher open, and fell nearly 0.7% during late Asian and early European sessions. While news of a US–EU trade deal initially provided support, the positive impact proved limited.…
Read More...

Cable remains under sustained pressure, extending losses into a second consecutive session with a 1% drop over the past two days. Sterling continues to struggle amid persistently weak UK business activity, accelerating job cuts, and…
Read More...

Gold extended its decline for a third straight session on Thursday, pressured by a stronger U.S. dollar and renewed optimism surrounding progress in U.S.–EU trade negotiations. Bears regained control following a double rejection and…
Read More...