WM MarketsNews & Research Blog - Forex & CFD Market Analysis

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%…
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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…
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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…
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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…
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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…
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The dollar index fell sharply in early US trading on Monday, dropping 1% in reaction to media reports indicating that the new US President may delay imposing new tariffs on his first day in office. While tariffs were highlighted as a…
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WTI oil prices edged lower in early Monday trading, following last week’s repeated failures to break through the base of the daily Ichimoku cloud at $79.00. This created a weekly bull-trap, prompting partial profit-taking among traders.…
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Bitcoin emerged as the top performer at the start of the week, exhibiting wild price swings from below 100K to a new record high of 109,582 during Monday’s Asian session. Euphoria surrounding President Trump’s inauguration and his…
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Gold prices retreated from a five-week high on Friday, as profit-taking emerged at the week's end following a three-day rally. The metal remains supported by softer-than-expected US core inflation data for December, which has bolstered…
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BTCUSD continues its upward trajectory for the fourth consecutive day, poised to secure a decisive break above the key $100,000 level. This psychological barrier is reinforced by the top of the daily Ichimoku cloud and a descending…
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