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- WTI Oil – Sharp Pullback Followed by Swift Rebound Signals Healthy Correction Before Renewed Upside Move
- German Consumer Sentiment Seen Deteriorating Further in March – GfK
- AUDUSD Supported by Stronger-Than-Expected Inflation, Though Dovish RBA Governor Caps Upside Momentum
- Japanese Yen Slides Nearly 1% Amid Renewed Monetary Policy Uncertainty
- WTI Oil – Bulls Maintain Control Amid Escalating Supply Disruption Fears
- BTCUSD drops to a three-week low amid uncertainty surrounding U.S. tariff developments.
- Gold breaks above the upper boundary of its recent trading range, triggering a renewed bullish signal.
- U.S. economic growth decelerated sharply in the fourth quarter, falling significantly short of forecasts, while inflationary pressures continued to run high
- UK unemployment rises to highest level in years while pay growth slows, boosting rate-cut bets.
- USDJPY – downside momentum stalls after almost 3% loss this week
Dollar climbs higher on a more cautious Fed rate cut outlook
The dollar continues its strong bullish rally for the third straight day, fueled by expectations that a Trump victory in the U.S. presidential election would bolster the economy and ease pressure on the Federal Reserve. Additionally,…
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USDJPY climbed 1% in Wednesday morning trading
A strong upward movement during Asian and early European trading on Wednesday saw the USDJPY rise by 1%, reaching new multi-week highs last seen in late July.
The recent breach of the psychological 150 barrier was accompanied by a…
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EURUSD broke below the 1.08 support level, but bears might pause as oversold conditions emerge
EURUSD slipped below the key psychological level of 1.08, reaching a new multi-week low early Wednesday. The broader bearish trend remains intact, strengthened by the recent formation of a 10/200DMA death cross. A daily close below 1.08…
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Cable – bears aim to break through the daily cloud base following a period of consolidation
Cable is currently in an extended consolidation phase around the breached psychological support level of 1.30, as larger bears take a moment to consolidate above key support levels.
In the near term, price action remains within the daily…
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AUDUSD – The rebound from a new multi-week low must overcome key resistance levels to deter larger…
AUDUSD rebounded from a new six-week low in early trading on Tuesday, as bearish pressure encountered strong support at 0.6645/27 (50% retracement of 0.6348/0.6942 / 200DMA).
Recent recovery efforts are testing significant resistance at…
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Silver climbs to its highest level in 12 years
Silver prices surged to their highest levels since November 2012 on Monday, following last Friday’s impressive 6.4% daily rally, as the psychological barrier of $34.00 was breached.
The metal’s rise was driven by increased safe-haven…
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Gold – Increasing global uncertainty drives prices to new record highs
Gold continues to rise, reaching new record highs on Monday morning. The recent close above the psychological $2700 barrier has generated a fresh positive signal, reinforcing a bullish outlook.
The yellow metal is benefiting from…
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USDJPY – Breaking key levels to provide new directional signals
USDJPY gained momentum in early Monday trading but remains within its recent range, awaiting a stronger directional signal.
The short-term outlook is expected to stay bullish as long as the price holds above the rising daily Tenkan-sen…
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Gold prices have reached a new all-time high, breaking above the key psychological level of $2700…
Gold broke through the psychological $2700 barrier on Friday morning, reaching a new historical high.
The price continues to be supported by looser monetary policies and increasing concerns surrounding the upcoming U.S. election.…
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European Central Bank lowers rates once more as inflation subsides and the bloc’s economy…
The European Central Bank (ECB) implemented its third interest rate cut of the year on Thursday, lowering the deposit rate by 25 basis points to 3.25%. This marks the first consecutive rate cut in 13 years, signaling a notable shift in the…
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