Archives: Articles

Gold (XAU/USD) extended its positive momentum on Friday, supported by weakening US Dollar (USD) dynamics amid rising expectations of Federal Reserve (Fed) rate cuts. The precious metal’s safe-haven appeal continues to attract attention as trade-related uncertainties persist, adding further support to the yellow metal.  While the XAU/USD pair trimmed a portion of its intraday gains,...

The EUR/GBP currency pair is confronting headwinds near the 0.8650 level after the release of mixed UK economic data, while traders turn their focus to the Eurozone Gross Domestic Product (GDP) set for release later today. During Asian trading hours on Friday, EUR/GBP continued its losing streak for the third consecutive session, trading around 0.8670. ...

The Japanese Yen (JPY) regained positive traction on Friday following the release of upbeat domestic data, while the US Dollar (USD) continued to struggle amid growing expectations of a Federal Reserve (Fed) rate-cut cycle. The USD/JPY pair faced resistance near the 148.00 mark, with market participants cautiously awaiting fresh cues from the upcoming US Nonfarm...

The AUD/JPY currency pair has posted modest losses around 96.75 during Friday’s early European session, reflecting a minor retracement in an otherwise bullish trend. Despite this short-term dip, the broader constructive outlook remains intact, as the cross continues to trade above the 100-day Exponential Moving Average (EMA) on the daily chart.  Both technical and fundamental...

The EUR/CAD currency pair is trading marginally higher, hovering around 1.6110, as investors prepare for the release of key Canadian labor market data for August. The pair extended its winning streak for the third consecutive trading day on Friday, reaching 1.6115 during the late Asian trading session, reflecting a steady upward momentum.  Traders are focused...

The Ethereum (ETH/USD) market has once again demonstrated its reputation for volatility and unpredictability. Over the last several days, price action has been extremely noisy, with sharp intraday swings leaving traders in a state of uncertainty.  Yet, the Wednesday trading session stood out as particularly important, as Ethereum showed renewed upside momentum, hinting at a...

The USD/CAD currency pair is experiencing a phase of consolidation as it tests a critical confluence support zone near the 1.3800 psychological level and the nine-day Exponential Moving Average (EMA) at 1.3797.  During Asian trading hours on Friday, the pair trades around 1.3810, pausing its four-day winning streak, suggesting that the short-term bullish momentum may...

The AUD/USD currency pair has attracted heightened attention among Forex traders, as recent economic data releases from both Australia and the United States have injected fresh volatility into the market.  The technical setup remains dominated by a bearish price channel, but conflicting macroeconomic signals have made short-term direction a matter of intense debate. In this...

The BTC/USD pair experienced another round of strength on Wednesday, as Bitcoin continued its recovery momentum following the sharp correction earlier this month. The move higher underscores the ongoing battle between bullish sentiment and lingering caution in a market that remains volatile and headline-driven.  With institutional traders returning from the summer lull and macroeconomic data...