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  • GOLD – Shallow correction from new record high keeps broader bullish trend intact
  • Dollar’s upward momentum stalls near a key Fibonacci level, limiting further bullish progress.
  • Gold – bulls pause briefly before next assault on the $4000 barrier
  • Gold – shallow pullback below new record peak viewed as setup for another push into uncharted territory
  • Dollar Index – bears back in charge after recovery falters at key technical hurdles
  • EURUSD – pullback from new 2025 high signals positioning for potential acceleration above 1.20
  • WTI OIL – renewed upside momentum encounters strong resistance at the base of the thick daily cloud
  • USDJPY – break above the daily cloud sparks a renewed bullish signal
  • Silver – bulls pause below the key psychological $45 barrier
  • Gold hits fresh record highs above $3700

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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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Technical Outlook

EURUSD retests key support area following steep decline

Ahmad Elbasioni Jul 28, 2025
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.…
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Technical Outlook

GBPUSD faces mounting bearish pressure

Ahmad Elbasioni Jul 25, 2025
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…
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Technical Outlook

GOLD – Bears reclaim control, eye key support levels for next move

Ahmad Elbasioni Jul 25, 2025
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…
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Technical Outlook

BTCUSD drops to two-week low, but bearish momentum shows signs of waning

Ahmad Elbasioni Jul 25, 2025
BTCUSD dropped to a two-week low on Friday, falling over 3% during the Asian and early European sessions as bearish momentum intensified. Deteriorating sentiment triggered a fresh wave of selling, driving the price below key support at…
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Technical Outlook

WTI Oil – Bears remain in control as trade tensions continue to weigh on sentiment

Ahmad Elbasioni Jul 23, 2025
WTI oil remained under pressure for the fourth consecutive session on Wednesday, trading near a fresh three-week low. Despite a brief boost from the announcement of a U.S.–Japan trade agreement, bearish sentiment persists, weighed down…
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Lastest Posts
  • GOLD – Shallow correction from new record high keeps broader bullish trend intact

  • Dollar’s upward momentum stalls near a key Fibonacci level, limiting further bullish progress.

  • Gold – bulls pause briefly before next assault on the $4000 barrier

  • Gold – shallow pullback below new record peak viewed as setup for another push into uncharted territory

  • Dollar Index – bears back in charge after recovery falters at key technical hurdles

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