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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

AUDUSD extends gains amid renewed risk appetite

Ahmad Elbasioni Jul 23, 2025
AUDUSD maintained a strong tone and accelerated higher on Wednesday, extending its latest bullish run into a fourth consecutive session. The pair climbed to its highest level in over a week, supported by renewed risk appetite following…
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Technical Outlook

Gold reaches fresh 5-week high after breaking through key resistance around the \$3400 zone

Ahmad Elbasioni Jul 22, 2025
Gold rallied above the \$3400 barrier on Tuesday, following a brief consolidation marked by a shallow pullback from \$3402 to \$3383, and proceeded to test the next key level at \$3420—the upper boundary of a triangle pattern. The sharp…
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Technical Outlook

USDJPY – Pullback needs to hold above 146.70 to maintain broader bullish structure

Ahmad Elbasioni Jul 22, 2025
USDJPY remains in a narrow consolidation phase following Monday’s decline, which found temporary support around the 147 level. The pullback from last week’s three-month high at 149.18 has paused, but there is still room for further…
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Technical Outlook

Gold climbs as the dollar softens

Ahmad Elbasioni Jul 21, 2025
Gold prices rose on Monday, climbing toward the upper boundary of the near-term range (\$3320–\$3377), following a rebound after last Thursday’s rejection at the top of the rising daily Ichimoku cloud. The daily cloud, which has…
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Technical Outlook

Dollar maintains a positive tone, with weekly close in focus for next directional cue

Ahmad Elbasioni Jul 18, 2025
The dollar index continues to trade with a broadly firm tone and is on track for a second consecutive weekly gain, having broken through several key technical barriers this week. However, the daily chart suggests that bullish momentum…
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Technical Outlook

XRP – Minor pullback expected after reaching new all-time high

Ahmad Elbasioni Jul 18, 2025
XRP continues to lead the cryptocurrency market, extending its sharp rally to a new all-time high at \$3.66 after a nearly 10% surge on Friday. Market sentiment was significantly boosted following the U.S. House of Representatives’…
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Technical Outlook

Gold remains within an extended near-term range, but the broader outlook continues to favor the…

Ahmad Elbasioni Jul 17, 2025
Gold remained in the red on Thursday, pressured by stronger-than-expected U.S. retail sales data, which reinforced the Federal Reserve’s position to hold interest rates steady until clearer signs of inflation emerge. Fresh bearish…
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Technical Outlook

The Australian dollar faced renewed pressure following weaker-than-expected labor data

Ahmad Elbasioni Jul 17, 2025
The Australian dollar dropped nearly 1% against the U.S. dollar during Thursday’s Asian and early European sessions, weighed down by weaker-than-expected labor data. Australia’s unemployment rate unexpectedly jumped in June to its…
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Economy

UK inflation posts surprise increase in June

Ahmad Elbasioni Jul 16, 2025
Britain’s annual inflation unexpectedly climbed to 3.6% in June, the highest level in over a year, potentially complicating the Bank of England’s decision to cut interest rates at its upcoming meeting. The June Consumer Price Index (CPI)…
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Technical Outlook

Gold – Holds steady with limited losses following U.S. CPI data

Ahmad Elbasioni Jul 15, 2025
Gold dipped in an initial reaction to June’s stronger-than-expected U.S. inflation data, which reinforced the Federal Reserve’s cautious stance on interest rates, as policymakers await clearer signs of how tariffs are affecting consumer…
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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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