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- Gold Surges Beyond $5200, Poised for Seventh Straight Monthly Advance
- 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.
Silver prices may decline further if pivotal support levels are breached, but a period of…
In the near term, silver remains in a bearish trend, breaking the initial pivot at $28.65 (June 13 low) and putting pressure on other key supports at $28.49 and $28.25 (Fibo 38.2% retracement of $26.00/$32.51 and daily cloud base,…
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USD/JPY tests the 160 barrier once more, reaching new multi-decade highs.
On Wednesday, USD/JPY reached a new multi-decade high, climbing above 160, as bullish momentum regained control following a two-day consolidation.
The fresh move above the psychological 160 barrier indicates strong bids,…
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Gold retreats as Fed’s hawkish comments weigh; market awaits US GDP and inflation data
Gold prices fell to a one-week low on Wednesday, driven down by recent hawkish remarks from Fed policymakers.
The US central bank intends to tackle inflation by maintaining the policy rate unchanged for the…
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The Australian dollar jumps nearly 1% against the New Zealand dollar following the release of…
The Australian dollar surged 0.9% against the New Zealand dollar on Wednesday morning, driven by renewed hawkish signals suggesting the RBA may consider a rate hike next month. This followed Australia's…
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Australian Dollar Surges on Strong Inflation Data
The Australian dollar climbed 0.6% early Wednesday, buoyed by higher-than-expected inflation figures. The inflation rate for May rose to 4.0%, compared to 3.6% in April and surpassing the forecast of 3.8%, marking the highest…
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Dollar Index – Maintains Bullish Bias Above Daily Cloud, US Inflation Data in Focus
The dollar index regained traction on Tuesday, edging higher after a 0.4% drop on Monday.
The pullback was contained by the top of the daily cloud, representing a mild correction within a larger uptrend that remains intact.…
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USDJPY – Bulls hesitate near the 160 barrier, potential intervention point in sight
USDJPY dips slightly after nearing the 160 barrier, widely seen as a potential intervention trigger, recalling Japan's intervention when the pair surpassed this level at the end of April.
Monday’s session closed in the red for…
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GBPUSD – recovery must break through the 1.27 resistance zone to signal continuation
GBPUSD remains bullish in early Tuesday trading, building on Monday's 0.43% rebound, which formed a bullish engulfing pattern on the daily chart.
However, fresh bullish momentum faces strong resistance around the 1.2700 level…
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Bitcoin Pressures $60K Support After 4% Drop on Monday
itcoin fell around 4% by early US trading on Monday, marking the largest one-day loss since April 30.
The fresh downward acceleration is putting pressure on the psychological 60K support level, which is also near the 76.4%…
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EURUSD Bounce Must Break 1.0760 Barrier to Indicate Stronger Correction
The EURUSD pair saw a rebound on Monday as traders took profits from the decline observed on Thursday and Friday. Despite weaker-than-expected German Ifo data, the euro regained traction due to improving sentiment driven by…
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