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EUR/USD extended its weekly rally, reaching its highest level since May 11 at 1.0962 on Friday before retreating modestly. Hawkish European Central Bank (ECB) rhetoric allows the Euro to outperform its rivals, but the technical outlook points to overbought conditions in the near term. The ECB raised its key interest rates by 25 basis points (bps) in June as...

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The British pound has rallied a bit during the trading session on Tuesday as we wait for the Federal Reserve announcement. That being said, the market is likely to continue to see a lot of noisy behavior, and therefore I think we will have to wait to see what the Federal Reserve does, and then of course what happens in England, although it’s probably worth noting...

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hello traders. The Australian dollar has rallied significantly during the trading session on Monday, as we continue to reach toward the 0.68 level. That being said, we are getting overstretched, and one would have to assume that sooner or later, we get some type of pullback. This is especially true due to the fact that the market has been straight up in the air...

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Hello traders. i was looking at the past flow of this index, and i sure that these levels may be tested and broken. Marking them up, and put our eyes on them in the future can give us a hint on where the bull series are going to end.

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Hello. taking a careful look at GU, I hope it finnally completes what is missing. looking at it from this angle, it deserves a clear Uptrend move to break 1.25. week has been very slow. hope we finally make it.

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Hello traders. as we know EURUSD has been bearish for weeeks. we may have a bearish continuation downwards having the price of 1.050 touched.

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Intraday bias in GBP/JPY remains neutral as consolidation from 165.99 is extending. Further rally is still expected as long as 161.18 support holds. As noted before, corrective fall from 172.11 should have completed at 155.33 already. Break of 165.99 will target 169.26 resistance first, and then 172.11 high. However, break of 161.18 support will dampen this view...

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Gold price remains sidelined as buyers flirt with a convergence of the 21-day and 50-day Exponential Moving Average (EMA) near $1,848. However, bullish MACD signals and the bullion’s sustained bounce off the 200-day EMA keep the buyers hopeful of crossing the previous day’s top surrounding $1,858. Following that, the February 09 swing high surrounding $1,890 and...

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Hello traders worldwide. Gold price has rallied in the first half of the trading week, breaking out of a bearish trend that had dominated XAU/USD price action for most of February, following a surprisingly hot US Nonfarm Payrolls report.US 10-year Treasury bond yields faced once again a super-thick resistance at 4%, which is putting a hard cap on further US Dollar...

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Hello traders out there. I was looking at XAUUSD and spotted that the market is waiting for a decisional direction. In broad terms, an increase in real GDP is interpreted as a sign that the economy is doing well. It hasn’t been a good month for gold and the latest Fed minutes didn’t even try to make it better. Gold prices extended their decline yesterday and...

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hello traders and investors. accordingly to my view i see Price reacting close to a P.Level,115.00, correcting through 112.50 and bouncing at 110. having indecision around 112.50. WIth NFP today price may GO lower or even go higher.

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Hello traders. we had from the beginning of this week an upward movement EURUSD, but yet we had DXY breaking through the roof. bearish was expected. today with Non farm payroll what to expect from the forex markets? I'm not sure if I'll be trading news but if the conditions look fine I may end up trading them.

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Hello. based on our past analysis we are now looking at a clear downtrend continuation. Not really sure until when the market will correct but i expect next wave to the downside. in my opinion price may be watched closer when it goes above EMA.

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Good morning traders. DXY major Push to the upside as expected. Now I want to see the dollar taking a step back on the above resistance of 109 to drop at least 150 points.

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Price actually oversold and at a resistance lets see the reaction on it before we take more longs. Last stop for this week may be 107.50 if longs continue.

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Gold prices have rallied more than 7.5% off the yearly lows with XAU/USD attempting to mark a fourth consecutive weekly advance. The rebound off downtrend support is now testing downtrend resistance and we’re looking for a pivot off this zone in the days ahead for guidance. it may probably correct to 1750 before 1850.

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Crypto currencies getting back in power? Despite the challenge of predicting the price of a volatile cryptocurrency, the experts we spoke with generally agree ETH could once again break $4,000 in 2022. And a recent ethereum prediction by Bloomberg intelligence analyst Mike McGlone has it ending the year between $4,000-$4,500. next stop 2300.

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Hello traders. Looking at DXY, I see Higher prices being meet. next stop at 106.30 to meet diagonal resistance before going higher. this week I want to see 107.50 being tested. if not, 102.50 may be next bottom if 105 be broken. but its not going to be easy since fundamentals are in favour. we had 0% inflaction for the dxy.