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Fundamental Perspective Gold shipments from Singapore to the US surged 27% MoM in January to 11 tons, marking the highest level since 2022. The rise reflects pricing disparities in global bullion markets, with US futures trading at a premium over London spot prices amid concerns over potential Trump administration tariffs. A similar spike last occurred in 2020...

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Technical Perspective: DXY pared recent gains as the price approached the ascending channel's lower bound and support at 107.50, which coincides with the 78.6% Fibonacci extension and 61.8% Fibonacci retracement. If DXY rebounds above 107.50, the price could gain upward momentum and retest the 109.50 resistance, which aligns with the 78.6% Fibonacci extension....

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Fundamental Perspective: Crude oil prices face downward pressure as US production rises, fueling concerns over an oversupply. Recent data showing a significant increase in stockpiles has only intensified these worries. However, tightening sanctions on key oil suppliers and price hikes from major producers offer some support, helping to cushion the price decline....

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Bitcoin's current bull market mirrors the 2015–2018 cycle, with Realized Cap up 2.1x, well below the previous cycle's 5.7x peak, indicating room for further expansion. Meanwhile, capital rotation from LTHs to STHs, indicated by the steep decline in the Long/Short Term Supply Ratio Change, and ETF inflows of more than 100 mln USD could support further gains in...

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USOIL pared recent gains after Trump declared a national energy emergency to boost US oil production and proposed halting Venezuelan oil imports, raising concerns about oversupply. However, ongoing sanctions on Russia and a winter storm disrupting oil production in North Dakota helped limit the downside in oil prices. From a technical perspective, USOIL dipped...

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Fundamental Perspective: USTEC pared recent gains as Oracle's (ORCL) disappointing earnings and Nvidia's (NVDA) ongoing scrutiny from Chinese regulators dampened investor confidence. Alphabet (GOOGL) surged after unveiling a quantum computing breakthrough. However, lofty valuations and concerns over potential antitrust scrutiny of tech giants weighed on...

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Technical Perspective: Gold hovers between the 2635 - 2650 range and holds above the short-term ascending trend line. If the price closes below the 2635 support with a bearish breakout of the ascending channel, the price could extend its decline to the following support at 2610.00. Conversely, a break above 2650 could prompt a further rise toward the following...

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Technical Perspective: BTCUSD broke out of the ascending channel and closed below the 20 EMA. If BTCUSD extends its decline below 95000, the price could weaken to the support at 85000. Conversely, if BTCUSD returns within the channel, a potential retest of the 98000 resistance may occur. Fundamental Perspective: The bitcoin Net Realized Profit soared to a...

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Technical Perspective: On the daily timeframe, XAUUSD pared recent losses. The price is approaching the 2700 resistance, where a reversal below this level could prompt a decline toward the ascending channel's lower bound and 2520 support. Conversely, a break above 2700 could lead to a further rise toward its record high near the 2800 resistance zone. The price...

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Technical Perspective: On the daily timeframe, XAUUSD pared recent losses. The price is approaching the 2700 resistance, where a reversal below this level could prompt a decline toward the ascending channel's lower bound and 2520 support. Conversely, a break above 2700 could lead to a further rise toward its record high near the 2800 resistance zone. The price...

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Technical Perspective: DXY extended its rally within the ascending channel, following a breakout of the descending trend line. The price remains in an uptrend with higher swing points seen. A further rise toward the 106.50 resistance and ascending channel's upper bound might occur if DXY sustains its bullish momentum. Conversely, a retracement could prompt a...

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Technical Perspective BTCUSD is currently testing the resistance level at 73,500, which coincides with the 78.6% Fibonacci extension. The price is still in an uptrend, marked by higher swing points. However, a retracement is possible as the price approaches the upper boundary of the ascending channel. If BTCUSD falls below 73,500, it may retest the channel's...

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EURUSD is approaching the 1.0800 support which aligns with the 78.6% Fibonacci retracement and ascending trendline. If EURUSD rebounds above 1.0800, the price could extend gains toward the 1.1000 resistance. Conversely, a break below 1.0800 could prompt a deeper decline, with 1.0650 as the next potential support. Author: Li Xing Gan, CMT, CFTe, Financial Market...

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Technical Perspective XAUUSD rebounded above the ascending channel's upper bound and held above the Ichimoku cloud, indicating potential for further gains. If the price sustains its bullish momentum with a break above 2680, further gains toward the 100% Fibonacci extension and 2700 resistance might occur. Conversely, a retreat below 2680 could prompt a retest of...

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Technical Perspective: BTCUSD formed a descending channel and retreated below its upper bound near 64,200, which coincides with the 61.8% Fibonacci retracement. The price remains below the Ichimoku cloud, indicating potential for further downside. If BTCUSD extends its decline and breaks below the 62,000 threshold, the price could approach the 60,500 support...

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Fundamental Perspective Martins Kazaks, a Governing Council member of the European Central Bank, indicated that the bank is likely to cut interest rates at its upcoming meeting, citing increased economic risks and signs of weak growth. However, he cautioned against overly aggressive market expectations for rapid rate cuts, emphasizing the need for a careful...

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Technical Perspective: GBPUSD extended its rally following a rebound above the 1.3210 resistance-turned-support zone. If GBPUSD sustains its bullish momentum, the price could rise to the ascending channel's upper bound and 1.3650 resistance, with a break above 1.3650 prompting further gains toward 1.4000. Conversely, a reversal below 1.3650 could prompt a...

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Technical Perspective: USDJPY rebounded above the 140.00 psychological support, a low seen in December last year. However, the price remains under pressure, holding below the Ichimoku cloud and 143.00 resistance. If USDJPY sustains its bearish momentum with a reversal below 143.00, a further decline to retest the 140.00 support and descending channel's lower...