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- Gold trends lower, increasing the risk of a break below the 2026 low
- Inflation heats up again in May, strengthening the case for a cautious Fed stance.
- USD/JPY trades above 160 despite mounting intervention speculation
- Brent oil’s daily cloud support remains under threat following an unsuccessful recovery phase
- Gold may enter a consolidation phase above channel support ahead of another downside attempt
- The dollar index surged to its highest level in nine weeks as investors priced in increased odds of additional Federal Reserve rate hikes and reacted to mounting geopolitical risks
- U.S. hiring remains resilient as NFP logs second straight month of robust job growth
- EUR/USD seeks clear direction to break out of extended sideways consolidation
- USD/JPY pauses below 160 barrier amid intervention threats and BoJ rate Hike signals
- The OECD has warned that escalating conflict in the Middle East could push the global economy into recession and fuel higher inflation.
Gold – Shallow pullbacks expected as market positions for further gains
Gold retreats from its new all-time high of $3,057 on Thursday, as overbought daily conditions triggered partial profit-taking, while a stronger dollar added pressure on prices.
The metal surged past the $3,000 milestone after a period…
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Eurozone inflation increases less than anticipated in February
Data released on Wednesday revealed that eurozone inflation for February was revised down to 2.3% from the initial estimate of 2.4%, mainly due to adjustments in Germany’s figures.
This revision aligns with economists' expectations and…
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USD/JPY – Short-term recovery encounters resistance at the key 150 level
USD/JPY tested the key 150 barrier again early Wednesday, challenging the psychological level, the upper boundary of the bear channel, and the 30-day moving average. This move offset the initial bearish signal from Tuesday’s inverted…
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Gold reaches a new all-time high, poised to break firmly above $3,000
Gold surged past the $3,000 mark again on Tuesday, setting a new record high.
Escalating geopolitical tensions, fueled by renewed attacks in the Gaza region, a deepening political crisis between the US and the European Union, and growing…
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AUD/USD – Bulls Break Through Key Resistance Levels
AUD/USD climbed to a two-week high on Monday, extending gains amid a weaker dollar and renewed optimism following signals of China’s stimulus plan to boost domestic consumption.
Fresh bullish momentum has pushed the pair through the key…
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EUR/USD – Bullish Bias Holds Above 1.0800, Focus Shifts to German Debt Vote on Tuesday
The euro remains in extended consolidation just below a fresh five-month high, following a strong two-week rally.
The technical outlook on the daily chart remains bullish, though an overbought RSI and weakening bullish momentum suggest…
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Gold breaks through the $3,000 milestone
Gold surged past the psychological $3,000 barrier on Friday, marking a historic milestone that arrived sooner than expected. While the timing was slightly ahead of projections, this move aligns with my previous forecasts in comments and…
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Gold price approaches a new record high as rising uncertainty drives increased safe-haven demand
Gold prices extended gains on Thursday, approaching the all-time high of $2,956 (Feb 24) after a fresh post-U.S. CPI surge cleared the last key barriers at $2,926/$2,930.
Escalating trade war concerns and the growing risk of an economic…
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Gold maintains a positive outlook, awaiting US CPI data and tariff developments for fresh direction
Gold prices remain confined to a narrow range on Wednesday morning, pressing against the near-term congestion ceiling at $2,930.
The short-term bias favors bulls as long as the price holds above the psychological $2,900 level, though…
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EUR/USD – Bulls Poised for a Pause After Last Week’s Strong Rally
The Euro keeps firm tone on Monday after surging over 4% last week and consolidating near new four-month high.
The single currency continues to ride on a fresh wave of dollar’s weakness, with last week’s gains being the biggest since the…
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