The Euro continues its downward leg from the December 24 peak at 1.1808, where the larger rally had been capped by the 76.4% Fibonacci retracement of the 1.1918–1.1468 range. The pair is now attempting to establish itself below the critical 38.2% Fibonacci level at 1.1678 (measured from the 1.1468–1.1808 rally). EURUSD is on track for a second…

Bitcoin extended its losses for a second consecutive day on Wednesday, tracking weakness seen across many traditional safe-haven assets. The downside intensified after repeated rejections at key resistance around $94,000, which aligns with the 50% retracement of the $107,502–$80,514 range and the short-term range top. Multiple breakout attempts…

Gold prices softened in early Wednesday trading as some investors took profits after a three‑day rally that pushed the metal above the key psychological $4,500 level. The recent pullback found support near the $4,300 area, where the retreat from the new record high around $4,550 was contained. The bounce reclaimed the 76.4% Fibonacci retracement…

WTI oil rose further on Tuesday, following US action in Venezuela, which caused uncertainty over country’s oil production and boosted demand. Although it is still early to estimate what consequences will US unprecedented action cause on production in the country which has the biggest oil reserves, markets reacted with caution, assuming potential…

The dollar index opened the week with a bullish gap and advanced to a three-and-a-half-week high on Monday, maintaining a firm tone at the start of the new year. Heightened uncertainty surrounding the US attack on Venezuela supported safe-haven demand for the dollar, while the greenback also drew strength from expectations that key US data due…

Here’s a polished and professional rewrite of your text: Gold surged to a new record high, climbing above the $4,400 per ounce mark following an early Monday rally of 1.8%, pushing prices further into uncharted territory. The latest surge was supported by heightened safe-haven demand amid fragile geopolitical and economic conditions,…

EURJPY surged to a fresh all-time high after a 1.1% jump in post-BoJ policy decision trading. The Japanese yen weakened broadly despite the Bank of Japan raising interest rates by 25 basis points to 0.75%—the highest level in three decades—while keeping the door open for further tightening. The cross remains in a steep ascent over the past ten…

Gold rebounded from the key $4300 support zone, which had successfully contained declines over the past three sessions, and is on track for a fourth consecutive daily close above this level, reinforcing the positive outlook. Renewed demand is driven by growing market expectations for additional Fed rate cuts, keeping the price supported as it…