WM MarketsNews & Research Blog - Forex & CFD Market Analysis

WTI oil opened on Monday with a \$2 gap lower, reaching its lowest point since April 9, after OPEC+ announced over the weekend that it would increase oil production by 411,000 barrels per day starting in June. This decision marks the…
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Inflation in the Eurozone held steady at 2.2% in April, slightly above expectations for a 2.1% increase. Core inflation—which excludes volatile food and energy prices—rose to 2.7% from 2.4% in March, surpassing forecasts of a 2.5% gain.…
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Gold fell 1.6% during thin holiday trading in Asia on Thursday, reaching a two-week low as renewed risk appetite—driven by easing trade tensions—continued to erode the metal's safe-haven appeal. A decisive break below the key $3300…
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The Dollar Index remained mildly bid on Wednesday, edging higher after data showed the U.S. economy contracted in the first quarter—contrary to expectations for modest growth—though results came in better than some major U.S. banks had…
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Gold remains in the red for a second straight session, once again testing the key $3300/$3292 support zone (psychological level / 38.2% Fibonacci retracement of the $2956–$3500 rally), where previous attempts to break lower have failed.…
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WTI crude remained in the red for a second straight session, extending losses on Tuesday as fading hopes for progress in US-China trade talks weighed on sentiment. The initial optimism surrounding trade negotiations gave way to renewed…
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USD/JPY edged higher early Tuesday, recovering slightly after Monday’s 1.1% drop, which came on the heels of repeated upside rejections below key dual Fibonacci resistance at 144.13/21 (the broken 76.4% retracement of the 139.57–158.87…
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Cable edged higher early Monday, pressuring the pivotal 1.3350 barrier (the 61.8% Fibonacci retracement of the 1.3423–1.3232 pullback and the former recovery peak from April 24). A series of higher lows since the 1.3232 correction low,…
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Gold prices fell on Friday after failing to reclaim key resistance levels at $3,371 (broken 23.6% Fibonacci retracement of the $2,956–$3,500 rally) and the psychological $3,400 mark—signaling that the corrective phase from the all-time high…
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USDJPY remains supported, as the rebound from the multi-month low at 139.88 continues to hold above the broken Fibonacci level at 142.55 (23.6% of the 151.20–139.88 decline, reinforced by the 10-day moving average) for a third straight day.…
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