WM MarketsNews & Research Blog - Forex & CFD Market Analysis

The European Central Bank (ECB) kept interest rates unchanged at its July policy meeting on Thursday, pausing after eight consecutive rate cuts over the past year that brought rates down from 4% to 2%, including a reduction last month.…
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Gold Extends Losses as Risk Appetite Grows on US-EU Trade Hopes Gold prices fell for a second consecutive session, pressured by improving risk sentiment driven by rising optimism over a potential US-EU trade agreement, which continues to…
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XRP extended its decline on Thursday, continuing the sharp pullback that began on Wednesday with a 10% drop—the largest daily loss since March 3—after peaking at a new high of $3.66. Persistent failure to break above the $3.66 resistance…
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WTI oil remained under pressure for the fourth consecutive session on Wednesday, trading near a fresh three-week low. Despite a brief boost from the announcement of a U.S.–Japan trade agreement, bearish sentiment persists, weighed down…
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AUDUSD maintained a strong tone and accelerated higher on Wednesday, extending its latest bullish run into a fourth consecutive session. The pair climbed to its highest level in over a week, supported by renewed risk appetite following…
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Gold rallied above the \$3400 barrier on Tuesday, following a brief consolidation marked by a shallow pullback from \$3402 to \$3383, and proceeded to test the next key level at \$3420—the upper boundary of a triangle pattern. The sharp…
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USDJPY remains in a narrow consolidation phase following Monday’s decline, which found temporary support around the 147 level. The pullback from last week’s three-month high at 149.18 has paused, but there is still room for further…
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Gold prices rose on Monday, climbing toward the upper boundary of the near-term range (\$3320–\$3377), following a rebound after last Thursday’s rejection at the top of the rising daily Ichimoku cloud. The daily cloud, which has…
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The dollar index continues to trade with a broadly firm tone and is on track for a second consecutive weekly gain, having broken through several key technical barriers this week. However, the daily chart suggests that bullish momentum…
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XRP continues to lead the cryptocurrency market, extending its sharp rally to a new all-time high at \$3.66 after a nearly 10% surge on Friday. Market sentiment was significantly boosted following the U.S. House of Representatives’…
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