


Stiven088
GBP/USD caught a bid on Tuesday, rebounding above the 1.3300 handle and reversing early week losses as global markets tilt and twist around general Greenback flows based on broad-market sentiment. UK labor figures barely moved the needle, and market reaction to US Consumer Price Index inflation was likewise muted.
EUR/USD remains capped below its 2025 peak of 1.1572 (April 21), with the 1.1600 level and the October 2021 high at 1.1692 acting as key resistance zones. EUR/USD took a hard step lower on Monday, kicking off the new trading week with a fresh dip below 1.1000 before a late recovery pushed the pair back toward 1.1100. The Fiber still closed 1.4% lower on the day,...
Gold rebounds and trades near $3,260 at the time of writing on Tuesday, recovering from the 2.65% drop the previous day after the US-China trade deal was announced. Traders are starting to get wary about the lack of detail in the announcement, and another flare-up could propel bullion back toward the record high set last month. Gold now buy 3252 Support...
GBP/USD fell on Monday, tumbling a little over one percent and pushing the pair back down below the 1.3200 handle after a broad-based recovery in Greenback bidding. GBP/USD was last seen trading near 1.3160, where the 200-period Simple Moving Average (SMA) meets the Fibonacci 38.2% retracement level of the latest uptrend. In case the pair drops below this level...
USD/JPY pulls back after registering more than 2% gains in the previous session. surrendering 148.00 in the Asian hours on Tuesday. The pair depreciates as the Japanese Yen gains ground on uncertainty over a US-Japan trade deal and comments from Japanese officials. US CPI eyed.
Gold opened the week under pronounced selling pressure, with princes slipping back to the $3,200 mark per troy ounce. The decline was largely attributed to a broad improvement in risk sentiment following news that the US and China had reached an agreement to substantially reduce and temporarily suspend reciprocal tariffs. XAUUSD signal sell 3238 Support...
From a technical perspective, the overnight breakdown through the $3,260 resistance-turned-support and the subsequent slide below the $3,300 mark on Friday favors the XAU/USD bears. However, oscillators on the daily chart – though they have been losing traction – are yet to confirm the negative bias. This, in turn, warrants some caution before positioning for...
Gold price retreats slightly from near $3,500, or a fresh all-time highs in the early European session on Tuesday as bulls pause for a breather amid overbought conditions on short-term charts. Any meaningful corrective downfall, however, still seems elusive on sustained US Dollar weakness If Gold sellers manage to fight back control, Gold price could initially...
In the near term, and according to the 4-hour chart, XAU/USD has room to extend its advance. Technical indicators eased modestly from their recent highs but lack any bearish momentum. Particularly, the Relative Strength Index (RSI) indicator hovers at around 81 with no signs of giving back. Finally, the 20 SMA accelerated north above the longer ones, while...
Bitcoin price consolidates above $84,000 on Friday, a short-term support that has gained significance this week. The world's largest cryptocurrency by market capitalization continued to weather storms caused by US President Donald Trump's incessant trade war with China after pausing reciprocal tariffs for 90 days on April 9 for other countries.
Gold price builds on the previous day's breakout momentum above the $3,300 mark and touches a fresh all-time peak during the Asian session on Thursday. Tariff uncertainty, the escalating US-China trade war, global recession fears, and expectations of more aggressive Fed easing continue to support XAU/USD. Sell 3330 Target 3300
The daily chart shows that the 14-day Relative Strength Index (RSI) has re-entered the overbought region, currently near 71, warranting caution for buyers. If they manage to sustain above the $3,275 level on a daily closing basis, a test of the $3,300 mark will be inevitable, opening the door toward the $3,350 psychological mark. Conversely, the initial support...
GBP/USD could face immediate resistance at 1.3200 (static level) ahead of 1.3270 (static level) and 1.3300 (round level). On the downside, first support could be spotted at 1.3150 (static level) before 1.3100 (round level, static level) and 1.3040 (static level). GBP/USD rose three-quarters of one percent on Monday, climbing for a fifth straight trading session...
EUR/USD spun in a messy circle on Monday, touching the 1.1400 and 1.1300 levels before settling somewhere in the midrange. The US Dollar continues to soften across the board following the Trump administration’s latest about-face on its own tariff threats, but market sentiment remains tepid as investor fears of continued trade tensions simmer in the background.
Gold is holding steady near the $3,250 mark, fuelled by robust safe-haven demand, trade war concerns, and a softer-than-expected US inflation gauge. The US Dollar keeps trading with heavy losses around three-year lows. The daily chart shows that the 14-day Relative Strength Index (RSI) is prodding the overbought region at 70, suggesting more room for upside...
Technically, the XAU/USD pair's daily chart shows that additional gains are likely, given the strong upward momentum. Technical indicators head north almost vertically, while still far from overbought levels. At the same time, the bright metal extended its advance beyond a now bullish 20 Simple Moving Average (SMA), currently at $3,052. Finally, the 100 and 200...
GBP/USD tested higher on Wednesday, climbing back over the 1.2800 handle after broad-market sentiment recovered across the board. The Trump administration has once again pivoted away from its own “no exceptions, no delays” tariff policy, and has again delayed tariffs, this time for 90 days. The Relative Strength Index (RSI) indicator on the 4-hour chart stays...
EUR/USD keeps its bullish stance well in place, adding to Tuesday's uptick and retesting the vicinity of the 1.1100 neighbourhood on the back of the intense sell-off in the Greenback, all amid steady concerns over the impact of the China-US trade war.