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- AUDNZD extends its downside momentum following the RBNZ’s hawkish rate cut
- USDJPY pulls back following verbal intervention signals
- Gold drops sharply as expectations for a Fed rate cut in December continue to cool
- BTCUSD continues its sharp decline, plunging decisively below the key psychological support at $100,000
- EURJPY surges to a new record high, but intervention risks loom large
- Gold pauses after recent surge, but bullish momentum stays intact above $4100
- EURGBP poised to resume its uptrend following a brief corrective pullback
- USDJPY climbed to a fresh multi-month high, but prospects of potential FX intervention keep traders cautious
- USD Index extends losses amid rising rate-cut expectations and firmer gold prices
- EURUSD makes another attempt to break through key Fibonacci resistance
GBP/USD remains under sustained pressure
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…
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EUR/USD extends sharp decline for a third straight day, awaits Fed decision for new direction
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…
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WTI Crude – Bulls Take a Breather Below Cloud Top After Two-Day Surge
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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The dollar continues to trend higher, supported by improved sentiment following the US-EU trade deal
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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USDJPY – Bulls Show Signs of Fatigue Near Key Resistance but Maintain Control
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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Gold drops to three-week low as dollar strengthens on US-EU trade agreement
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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XRPUSD – Bulls regain momentum as pullback finds solid support around the \$3.00 area
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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EURUSD retests key support area following steep decline
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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GBPUSD faces mounting bearish pressure
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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GOLD – Bears reclaim control, eye key support levels for next move
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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