WM MarketsNews & Research Blog - Forex & CFD Market Analysis

The AUDUSD remains firmly in the red, testing key support at 0.6170 (the 2022 low) after a brief recovery was repeatedly rejected above the declining 20DMA, forming a double bull trap on the daily chart. Bearish daily studies continue to…
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The GBPUSD pair dropped to a 14-month low on Thursday morning, with the steep bearish trend from the 1.2575 lower high extending into a third consecutive session. The pound's weakness was driven by a stronger dollar, concerns over…
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USDJPY maintains a strong tone, staying just below its new multi-month high early Wednesday, with near-term focus on the upside after recent consolidation faced multiple downside rejections. The fundamentals continue to favor the dollar,…
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The near-term action remains trapped in an extended sideways range below the new multi-week high of 158.07 and is consolidating December’s 5% advance. Limited pullbacks, currently contained by the rising 10DMA, suggest that larger bulls…
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EUR/USD edged higher early Friday as traders booked partial profits at the week's close, following a sharp three-day decline that pushed the pair to its lowest levels in over two years. The broader bearish trend appears poised for a…
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Gold gained nearly 1% on the first trading day of 2025, signaling an initial positive outlook for a potential recovery from the $2582 level (Dec 18/19 higher base). This is supported by the completion of a bullish failure swing pattern…
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The dollar index started the new year on a strong note, hitting a fresh two-year high on the first trading day as markets picked up momentum after a quiet holiday period. In 2024, the dollar gained over 7% against a basket of major…
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The USD/JPY pair remains firm in holiday-thinned trading on Thursday, approaching last Friday’s peak of 157.92, the highest level since mid-July. The pair is poised for its fourth consecutive weekly gain and a monthly advance of over 5% in…
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BTCUSD’s retreat from its recent record high has extended into a third consecutive day, accelerating after breaking below the critical psychological support at 100K. The completion of an Evening Doji Star reversal pattern on the daily…
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USD/JPY surged to a new multi-month high on Thursday, following the Bank of Japan’s decision to maintain interest rates unchanged during its policy meeting, further reinforcing the positive signals from the Fed’s hawkish rate cut on…
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