USD/JPY edged higher on Tuesday, benefiting from partial profit-taking after a sharp three-day decline of 2%. The recovery has been modest so far, barely exceeding the 23.6% Fibonacci retracement of the 145.92–142.35 downtrend. Technical signals are mixed, with daily Tenkan-sen and Kijun-sen maintaining a bearish configuration, while 14-day…

EUR/GBP weakened on Tuesday after Germany’s Merz unexpectedly failed to secure parliamentary support to become chancellor in the first round of voting. The pair slid to a one-month low, breaching key support at 0.8480 (the 61.8% Fibonacci retracement of the 0.8320–0.8738 rally and a key daily base level). A decisive break below this level is…

Gold extended its strong recovery into a second consecutive day, reaching a two-week high on Tuesday. The price broke through the 61.8% Fibonacci retracement of the \$3,500–\$3,201 pullback (\$3,286) and neared the psychological \$3,400 level. A fresh surge in safe-haven demand, driven by renewed concerns over the trade conflict with China and a…

Gold surged over 2% on Monday, buoyed by a weaker dollar and ongoing uncertainty surrounding the US-China trade dispute, which reignited safe-haven demand. The strong rebound came after repeated failures to break below key support at \$3,228 (the 50% retracement of the \$2,956–\$3,500 rally and aligned with the daily Kijun-sen). Prices…

WTI oil opened on Monday with a \$2 gap lower, reaching its lowest point since April 9, after OPEC+ announced over the weekend that it would increase oil production by 411,000 barrels per day starting in June. This decision marks the third consecutive production hike, totaling 960,000 barrels per day, with increases seen in April, May, and now…

Gold fell 1.6% during thin holiday trading in Asia on Thursday, reaching a two-week low as renewed risk appetite—driven by easing trade tensions—continued to erode the metal's safe-haven appeal. A decisive break below the key $3300 support zone has generated a strong bearish signal, with confirmation expected on a daily close below this level.…

The Dollar Index remained mildly bid on Wednesday, edging higher after data showed the U.S. economy contracted in the first quarter—contrary to expectations for modest growth—though results came in better than some major U.S. banks had projected. Despite the uptick, the greenback remains firmly negative in the broader context, suggesting the…

Gold remains in the red for a second straight session, once again testing the key $3300/$3292 support zone (psychological level / 38.2% Fibonacci retracement of the $2956–$3500 rally), where previous attempts to break lower have failed. Sentiment has shifted as signs of easing tensions in the US-China trade conflict emerge, though confirmation of…