Trending
- 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.
ECB cuts rates as expected, signaling openness to further easing
The European Central Bank lowered interest rates by 25 basis points to 2.75%, in line with expectations, while signaling a willingness to continue easing as weak economic growth takes precedence over lingering inflation concerns.
This…
Read More...
Read More...
WTI oil price extends decline as crude stockpiles increase
WTI oil prices dropped to their lowest level in nearly a month after an unexpected rise in U.S. crude stockpiles further dampened sentiment.
While the latest dip is encountering some resistance, it may signal a continuation of the…
Read More...
Read More...
WTI oil – bearish momentum pauses
WTI oil prices edged higher on Tuesday after hitting a near one-month low, suggesting the steep decline, now in its second week, may pause.
The drop was driven by profit-taking from the $66.98–$79.35 rally, influenced by statements from…
Read More...
Read More...
EUR/USD Recovery Maintains Momentum, but Fed/ECB Policy Divergence Could Limit Gains
EUR/USD regained momentum after an overnight dip, climbing back above the 1.05 level and breaking into the falling daily cloud (spanning 1.0490 to 1.0664) following a better-than-expected German Ifo report for January, which lifted market…
Read More...
Read More...
Bitcoin plunges below $100K
Bitcoin saw a sharp decline, dipping below the psychological $100K support in early Monday trading. The price fell around 6% during the Asian session, marking the largest drop in weeks, driven largely by risk-off selling.
This fresh drop…
Read More...
Read More...
GBP/USD boosted by strong data, but further gains are required to confirm a positive breakout
GBP/USD extended gains on Friday following stronger-than-expected UK PMI data, supported by a weaker dollar. The pair's fresh momentum broke above the daily Kijun-sen (1.2414) and approached the next key resistance at 1.2455 (50%…
Read More...
Read More...
The Japanese yen struggles to gain significant advantage despite the BoJ’s rate hike
USD/JPY initially dipped early Friday following the widely expected 25 basis point rate hike by the Bank of Japan (BoJ). Despite this bringing Japan’s interest rates to their highest level in 17 years, the yen's weakness was short-lived, as…
Read More...
Read More...
WTI Crude Oil – Daily Indicators Suggest Potential Halt to Recent Decline
WTI crude oil remained under pressure on Thursday but showed signs of slowing its decline compared to the sharp drop in recent sessions, which saw prices fall by around four dollars.
The market continues to weigh key factors, including…
Read More...
Read More...
Gold extends its gains amid uncertainties surrounding US trade policies and a weaker dollar
Gold prices surged to a fresh multi-week high early Wednesday, building on Tuesday’s strong 1.4% rally. The precious metal remains supported by robust safe-haven demand amid renewed uncertainties over President Trump’s trade policies, a…
Read More...
Read More...
EURUSD – Modest Recovery Signals Larger Bearish Momentum Prevails
EURUSD declined on Tuesday morning, erasing nearly half of Monday’s 1.3% rally, which was driven by President Trump’s decision to hold off on implementing tariffs, contrary to initial plans to impose them immediately.
The recent pause in…
Read More...
Read More...