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Technical Outlook

Dollar drops nearly 2% in an unusual response to US tariffs

English Analysis Apr 3, 2025
The dollar saw a sharp decline across the board on Thursday, hit hard by the latest sweeping import tariffs announced by President Trump on Wednesday. The dollar index plunged to a six-month low, accelerating downward and losing nearly…
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Technical Outlook

USD/JPY tests the lower boundary of its near-term range ahead of tariff announcement

English Analysis Apr 2, 2025
USD/JPY remains under pressure on Wednesday, extending its decline below the 150 level, which has turned into a solid resistance zone after three failed attempts to break higher. Fresh weakness is testing the 20DMA (149.06), a key…
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Technical Outlook

WTI oil prices consolidate just below a new multi-week high, as traders await President Trump’s…

English Analysis Apr 2, 2025
WTI oil prices are trading just below a new five-week high of $72.08, reached on Tuesday, after a 2.8% rally on Monday, the largest daily gain since January 15. The slight pullback observed so far appears to be more of a consolidation…
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Technical Outlook

Gold holds steady near its record high as markets await the announcement of new US tariffs

English Analysis Apr 2, 2025
Gold prices remain strong, holding above $3100 for the second consecutive day after reaching a new all-time high of $3149 on Tuesday. Persistent safe-haven demand, fueled by heightened economic and geopolitical uncertainties, continues…
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Technical Outlook

Gold reaches a new record high, set for strong weekly, monthly, and quarterly gains

English Analysis Mar 28, 2025
Gold surged to a new record high of $3,086 in early Friday trading, extending Thursday’s 1.2% rally. The metal is on track for its fourth consecutive weekly gain and a third straight bullish monthly close, up over 7% in March and 17% in…
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Technical Outlook

Gold extends gains following new U.S. tariffs

English Analysis Mar 27, 2025
Gold surged to a one-week high on Thursday after President Trump announced a new round of tariffs on imported cars. The latest addition to the series of U.S. reciprocal tariffs, set to take effect on April 2, triggered fresh concerns…
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Technical Outlook

Crude oil extends gains on supply concerns, testing key resistance levels

English Analysis Mar 26, 2025
WTI crude oil continues its upward momentum for the sixth consecutive day, reaching a three-week high on Wednesday. The latest rally was fueled by a sharper-than-expected decline in U.S. crude inventories (API report) and mounting…
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Technical Outlook

GBPUSD dips after weak CPI data but remains without clear direction signals

English Analysis Mar 26, 2025
GBPUSD fell to a two-week low on Wednesday following weaker-than-expected UK February inflation data, reinforcing expectations of a Bank of England rate cut in May. Fresh losses are testing support at 1.2883 (20DMA / last Friday’s low),…
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Technical Outlook

EURUSD – Attempts to Rebound Above Key Fibonacci Support and 20DMA

English Analysis Mar 25, 2025
EURUSD edged higher on Tuesday after a four-day pullback from its multi-month peak at 1.0954, where the rally stalled just below key Fibonacci resistance at 1.0969. The decline found temporary support at 1.0771, the 23.6% retracement of the…
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Technical Outlook

USDJPY – Bulls make another push towards the key 150 resistance level

English Analysis Mar 24, 2025
USDJPY maintains a bullish tone, once again testing key resistance levels at 149.80/150.00 (bear-channel upper boundary/psychological) on Monday after facing a double rejection at 150 last week. The technical outlook is improving on the…
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Lastest Posts
  • Gold Trades Cautiously Ahead of Key U.S. Jobs Report

  • U.S. Private Payroll Growth Slows Sharply in May – ADP

  • GOLD – Bullish Bias Persists Above Broken Triangle’s Upper Boundary

  • Eurozone Inflation Slows More Than Expected in May

  • Oil Prices Climb Nearly 4%, Key Resistance Levels Come Under Pressure

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