Trending
- US inflation increases slightly below expectations, reinforcing market bets on a Federal Reserve rate cut next week
- USDJPY – bulls maintain control, testing key resistance levels ahead of US inflation data
- Crude oil surges 3% after the United States imposes sanctions on major Russian oil exporters
- EURUSD – downside bias persists while trading below daily cloud
- GOLD – downside remains exposed after bears broke through key $4000 support
- GBPUSD – maintains bearish bias while trading below the expanding daily cloud
- EURUSD – conflicting signals persist as the pair trades within the daily cloud
- BTCUSD – recovery extends for a second day, though upside momentum may stall below daily cloud resistance
- Gold is consolidating following Friday’s 2% decline, with the bullish outlook expected to stay intact as long as the $4200 and $4162 support levels continue to hold.
- WTI crude – bearish momentum pauses as market consolidates ahead of potential renewed downside move
