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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
German consumer confidence declines further in November
A GfK survey released on Tuesday indicated that German consumer sentiment is expected to weaken further heading into November, pressured by a sharp decline in income expectations.
The GfK consumer sentiment index dropped to -24.1 for…
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Renewed risk appetite boosts the Australian dollar to a two-week high
AUDUSD opened with an upside gap and climbed nearly 1% in early Monday trading, reaching its highest level in two weeks.
Renewed risk appetite at the start of the week, driven by growing optimism over a potential US-China trade…
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US inflation increases slightly below expectations, reinforcing market bets on a Federal Reserve…
US inflation rose 0.3% in September, slightly below the 0.4% forecast, following a 0.4% increase in August. On an annual basis, the Consumer Price Index (CPI) climbed 3.0%, compared with market expectations of a 3.1% rise and a 2.9% gain in…
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USDJPY – bulls maintain control, testing key resistance levels ahead of US inflation data
USDJPY extends its advance for the sixth consecutive session on Friday, with the fresh bullish leg that started from last week’s correction low at 149.37 breaking through the key psychological barrier at 153.00.
The pair maintains a firm…
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Crude oil surges 3% after the United States imposes sanctions on major Russian oil exporters
WTI oil opened with an upside gap and advanced nearly 3% during Asian and early European trading on Thursday, driven by President Trump’s decision to impose sanctions on two major Russian oil suppliers.
The move coincides with a new EU…
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EURUSD – downside bias persists while trading below daily cloud
The Euro softened in early Thursday trading, signaling that near-term bears from the 1.1728 lower top (Oct 17) are regaining control after Wednesday’s brief and limited recovery attempt.
The pair remains firmly below the relatively thick…
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GOLD – downside remains exposed after bears broke through key $4000 support
Gold remains in volatile mode, with sharp price swings continuing since late last night’s update, keeping both bullish and bearish scenarios in play.
A brief wave of optimism followed Tuesday’s close above $4100, but subsequent gains…
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GBPUSD – maintains bearish bias while trading below the expanding daily cloud
The pound remained under pressure for the third consecutive session, with fresh weakness on Tuesday reinforcing developing negative signals on the daily chart.
Friday’s failed break above the daily cloud left a Doji candle with a…
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EURUSD – conflicting signals persist as the pair trades within the daily cloud
The Euro stayed under pressure on Monday, though losses remained limited, following Friday’s sharp upside rejection that left a bearish daily candle with a long upper shadow and created a bull-trap at the top of the daily cloud, signaling…
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BTCUSD – recovery extends for a second day, though upside momentum may stall below daily cloud…
BTCUSD extended its recovery for the second consecutive session, breaking above the 111K barrier after another strong downside rejection, when Friday’s brief dip below the ascending 200DMA and test of the 103500 zone failed to find…
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