WM MarketsNews & Research Blog - Forex & CFD Market Analysis

Gold prices traded within a narrow range on Wednesday, maintaining a bullish bias following a shallow corrective dip on Tuesday. The broken Fibonacci level at $3,355 (61.8% retracement of the $3,200–$3,120 pullback) has now turned into a…
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Inflation in the Eurozone eased to 1.9% in May, down from 2.2% in April and below the consensus forecast of 2.0%. The slowdown was driven by a drop in energy prices and a marked decline in services inflation. Core inflation—which excludes…
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WTI oil prices surged by approximately 3.7% on Monday, reaching their highest level in nearly two weeks and heading for the largest daily gain since April 9. The latest rally broke into the daily Ichimoku cloud (ranging from \$62.83 to…
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Gold prices jumped sharply in early Monday trading, opening with a gap higher as markets reacted to the intensifying war in Ukraine, fresh threats from former President Trump to double tariffs on steel and aluminum imports, and the victory…
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Cable remains under pressure on Wednesday following Tuesday’s pullback from a new multi-month high of 1.3593, which briefly breached the key psychological support at 1.3500. The pair dipped to 1.3461 early today but quickly rebounded…
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A strong rebound on Tuesday is signaling an initial trend reversal on the daily chart and suggests the potential for a deeper short squeeze. The pair is poised to challenge the recent downtrend, especially if it secures a daily close above…
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Gold prices slipped on Tuesday morning as the dollar strengthened broadly. Fresh pressure followed a double rejection at the key Fibonacci resistance at \$3355 (61.8% of the \$3500–\$3120 drop), with an overbought stochastic adding to the…
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NZDUSD surged to a new 2025 high on Monday, extending Friday’s 1.9% rally, fueled by fresh US tariff threats on Apple and the European Union, followed by a policy U-turn with the EU that weakened the US dollar and boosted risk appetite.…
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EURUSD climbed to a one-month high on Monday, lifted by the latest twist in the US-EU tariff dispute. Markets reacted positively after President Trump unexpectedly postponed the implementation of 50% tariffs on all EU imports—from an…
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USDJPY extended its decline on Friday, weighed by President Trump’s renewed threat of a 25% tariff on Apple phones produced overseas and stronger-than-expected Japanese inflation in April, which raised doubts about the Bank of Japan’s…
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