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- The USD Index remains firmly underpinned by supportive technical and fundamental drivers.
- EUR/USD Remains Under Pressure as Stronger Dollar and Rising Oil Prices Weigh; US CPI in Spotlight
- AUD/USD Recovery Attempts Remain Limited as 0.7000 Caps Upside Momentum
- USD/JPY Lacks Clear Directional Signals, with a Slight Bullish Bias
- EUR/USD: Bears target 1.10 as consolidation may precede another leg lower
- GOLD – A decisive move through base support strengthens signals for further downside continuation
- US Dollar Firms as Markets Await FOMC Meeting Minutes
- Oil Prices Advance as Geopolitical Risks Heighten Supply Concerns
- USD/JPY Recovery Attempts Face Headwinds from Death Cross and Descending Daily Cloud
- Gold Under Pressure as Bear Trendline Keeps Sellers in Control
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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EURJPY Extends Rally, Reaches New Record High
EURJPY continues its upward trend, extending its steep rise for the sixth consecutive day and surpassing the 171 mark in early Monday trading. Despite overbought conditions and signals from Japanese authorities about possible…
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EUR/USD Declines Further Amid Weak PMI Data
EUR/USD fell to a one-week low on Friday, extending the sharp decline from Thursday, as the pair faced renewed pressure from downbeat PMI data.
Reports released on Friday indicated a slowdown in the services industry in the Eurozone and…
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The Bank of England maintains interest rates at their current levels as anticipated.
The Bank of England (BoE) has opted to maintain its main interest rate at 5.25%, holding steady at a 16-year high just before the July 4 election. This decision, endorsed by a 7-2 vote from the Monetary Policy…
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USDJPY once again tests the critical Fibonacci barrier, fueled by diverging monetary policies.
USDJPY maintains its upward trajectory, breaching the significant Fibonacci barrier at 158.22 (76.4% of 160.19/151.85) that had previously thwarted multiple attempts.
A sustained breakthrough here would signal fresh bullish momentum,…
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USDCHF – Swiss Franc Weakens Following SNB’s 0.25% Rate Cut
USDCHF surged by approximately 0.7% on Thursday following the SNB's 25 basis points rate cut, reducing the interest rate from 1.5% to 1.25%.
The central bank justified its decision by citing the ongoing decline in inflation and the…
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Gold Prices Rise as Investors Reevaluate Economic Outlook
Gold prices saw a notable rise today as investors reassessed the global economic outlook and the monetary policies of major central banks. This increase comes amid declining consumer sentiment in the United States and growing concerns over…
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