WM MarketsNews & Research Blog - Forex & CFD Market Analysis

The USDTRY pair continues to face downward pressure, testing the lower boundary of its recent consolidation range around the 31.800 mark. Indicators on the daily chart are hinting at the possibility of a deeper correction, reminiscent of…
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Gold experienced a slight decline from its recent record high of $2288, showing signs of exhaustion among bullish investors following a rapid ascent of over 5% within the last six days. Despite resuming its upward trajectory in early…
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On Tuesday, the price of WTI oil continued its upward trajectory, reaching a five-month peak and breaching the $85.00 mark for the first time since late October. This recent surge marks the fourth consecutive day of bullish momentum,…
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The Euro suffered a decline to fresh multi-week lows early on Tuesday, primarily influenced by a robust dollar and recent dovish remarks from ECB policymakers, who anticipate implementing four rate cuts in 2024. Monday saw a 0.4%…
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Bitcoin experienced a slight decline on Monday, yet it remains ensconced within a prolonged range that has persisted for seven consecutive days. The immediate trajectory continues to exhibit lateral movement, with the search for clearer…
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Gold surged to a new all-time high of $2265 as trading resumed on Monday following the Easter break. The metal kicked off the month on a strong bullish note, fueled by anticipation of a Federal Reserve interest rate cut in June, with…
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In February, prices in the United States experienced a moderate rise, with the cost of services, excluding housing, showing a notable slowdown. This has kept market speculations alive regarding the possibility of…
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The cable market remains stagnant within an extended sideways trend, experiencing a narrow range as trading thins out for the Good Friday holiday. Current activity shows a fluctuation between the 200-day moving average at 1.2588 and a slim…
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Oil prices surged by over $1 per barrel on Thursday, concluding the month on a higher note due to several factors influencing the supply outlook. The rally was fueled by expectations of OPEC+ maintaining production cuts, persistent attacks…
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For the third consecutive day, the Euro has sustained losses, with a noticeable decline seen early on Thursday. It has breached significant support levels around the 1.0800/1.0790 area, which previously served as a higher base, coinciding…
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