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- WTI crude – bearish momentum pauses as market consolidates ahead of potential renewed downside move
- Gold continues to set fresh record highs in every session, reaching close to $4400 during Friday’s trading.
- Dollar index – pullback encounters strong support at key technical level
- USDJPY extends its pullback on growing rate cut expectations, though key support levels remain intact
- EURUSD – fresh rebound requires daily cloud break to improve near-term outlook
- Gold – bulls pause briefly below the new record high
- Silver hits a new record high, supported by robust safe-haven demand and mounting concerns over supply constraints
- Bitcoin rebounds strongly, recovering over half of its recent sharp decline
- 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 prices plunge as renewed optimism dampens demand for safe-haven assets
Gold prices dropped roughly 2.5% at the start of the week, pressured by positive developments, including the US-China trade deal and an India-Pakistan ceasefire, which dampened safe-haven demand.
Optimism over avoiding a disastrous…
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Bitcoin maintains its position above the 100K mark, with any downside likely to be limited before a…
Bitcoin extends its upward momentum, reaching its highest level in nearly three and a half months on Friday, following Thursday’s 6.7% surge—the strongest daily gain since March 2.
Positive sentiment was bolstered by the announcement of…
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WTI Oil Reclaims Above \$60 as US-China Trade Talk Signals Ease Tensions
WTI oil maintains a firm tone, striving to sustain gains above the critical \$60 level (a psychological barrier and the 50% Fibonacci retracement of the \$64.70/\$55.14 decline).
Prices climbed around 4% on Thursday, fueled by renewed…
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Dollar Index – Maintains Bullish Bias Above Key 100 Level
The dollar index eased slightly on Friday after reaching a one-month high but maintained a constructive tone, as the recent bullish momentum broke through and stabilized above the key psychological level of 100, which had repeatedly acted…
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BTC/USD approaches the psychological \$100K mark as fading trade concerns fuel bullish momentum.
Bitcoin maintains a strong upward trajectory, approaching the psychological $100K mark as the current bullish rally extends for a third consecutive day, gaining momentum from the recent low of $93,352 (May 6).
Positive market sentiment has…
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The Bank of England lowers interest rates by 25 basis points, in line with expectations
The Bank of England (BOE) reduced its main interest rate by 25 basis points on Thursday, lowering it from 4.50% to 4.25% during its May monetary policy meeting. This decision, widely anticipated by markets, comes as the central bank…
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GBP/USD – Key support zone under pressure ahead of US-UK trade deal announcement and BOE rate…
Cable remained in the red on Thursday, testing a critical support zone after giving up a 0.5% overnight gain that followed news of a potential US-UK trade deal. The initial optimism quickly faded, putting pressure back on the pair.
U.S.…
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USD/JPY rebounds, recovering some recent losses ahead of the Fed decision
USD/JPY edged higher on Tuesday, benefiting from partial profit-taking after a sharp three-day decline of 2%.
The recovery has been modest so far, barely exceeding the 23.6% Fibonacci retracement of the 145.92–142.35 downtrend. Technical…
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Why Today’s Fed Comments Are More Important Than the Rate Decision
Markets widely expect the U.S. Federal Reserve to keep interest rates unchanged today, but the real focus is on the Fed's message, not the decision itself.
According to CME Group data, there is over a 95% chance that rates will stay…
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EUR/GBP drops to one-month low amid renewed political unrest in Germany
EUR/GBP weakened on Tuesday after Germany’s Merz unexpectedly failed to secure parliamentary support to become chancellor in the first round of voting.
The pair slid to a one-month low, breaching key support at 0.8480 (the 61.8%…
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