Trending
- EUR/GBP – Temporary Recovery Likely Before Bears Resume Control
- NZD Surges on Hawkish RBNZ Rate Hike but Struggles to Sustain Gains
- Brent Crude Surges More Than 4% Amid Escalating US-Iran Tensions
- AUD/USD – Recovery Faces Strong Headwinds at Initial Fibonacci Resistance
- GBP/USD – Recovery Meets Strong Resistance Near the Key 1.3400 Barrier
- USD/JPY – Uptrend Resumes After Limited Correction, Focus Returns to Long-Term Peak
- EUR/GBP – Broader Bearish Trend Poised for a Pause
- Eurozone Inflation Slows More Than Expected in June, Reducing Pressure on ECB to Tighten Policy Further
- EUR/USD Recovery Stalls Below 10-DMA as ECB Rate-Hike Expectations Fade
- Japan’s Yen Slides to a Four-Decade Low as Authorities Refrain from Intervention Despite Firm Warnings
Gold Surpasses $2300, Sets New Record High
Gold's Upward Trajectory Persists, Reaching a New Record High of $2354 in Monday's Early Trading Session, Following Last Week's 4% Gain, Marking a Bullish Signal with a Weekly Close Above the Psychological…
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Crude Oil Poised for Second Consecutive Weekly Increase Amidst Shrinking Supply Prospects
Oil prices continued their upward trajectory on Friday, poised for a second consecutive weekly gain. This surge was underpinned by escalating geopolitical tensions in the Middle East, concerns surrounding a tightening supply, and optimistic…
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USDJPY Trades in Extended Narrow Range Before Key US Labor Data
USD/JPY continues to hover within a two-week span, consolidating just below multi-year highs in the 151.90/152.00 range (peaking in October 2022, November 2023, and March 2024). The prolonged sideways movement,…
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AUDUSD Breaks Through Key Resistance at 0.6600 Zone with Strong Recovery
For the third consecutive day, AUDUSD surges, buoyed by a softer US dollar and discouraging US services PMI figures (released Wednesday).
Bullish momentum breaks through crucial resistance at the 0.6600…
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Bullish Momentum for GBPUSD Holds Above 200-Day Moving Average, Yet Faces Challenges from Thin Daily…
The British Pound's recent upward movement, known as "Cable," has been steady following the double bottom formation around 1.2540 (April 1st and 2nd lows). Currently, it is challenging a significant resistance level at 1.2674, marked by the…
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Dollar Index Lags Ahead of Crucial US Data Release
The dollar index continues its downward trend for the third consecutive day, retracting from its recent multi-week high of 104.83.
Bearish sentiment persists as fresh pressure weighs on critical support levels at 103.84/80, representing…
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Eurozone Inflation Dips, ECB Rate Cut Expectations Rise
In a surprising turn of events, inflation in the Eurozone took an unexpected downturn last month, fueling discussions about the European Central Bank's (ECB) contemplation of reducing borrowing costs from their current historic highs.…
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USDTRY: possibility of a more significant correction occurring
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: Anticipating a Healthy Correction Before a Renewed Upsurge
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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WTI Crude Oil Surges to Five-Month Highs, Eyes Further Upside
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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