Category: Trading

The price of silver (XAG/USD) has extended its recent retracement on Wednesday, sliding from the $33.20-$33.25 resistance zone. Silver has dropped to a new daily low, touching approximately $31.60, marking a near 1% decline during the Asian session.  Although the drop suggests further downside potential, the mixed technical setup warns traders to remain cautious before...

The GBP/USD currency pair has shown resilience, holding its position above 1.3300 after posting significant gains in the previous session. This stability follows a strong bullish movement, with the pair rising over 1% on Tuesday.  However, as the markets shift their attention to key economic data releases later this week, questions remain about whether the...

The NZD/USD currency pair has experienced notable appreciation, moving closer to the 0.5950 mark, driven by a combination of weaker-than-expected US inflation data and broader market sentiment surrounding US-China trade relations. The New Zealand Dollar (NZD) has gained traction, reaching its highest point in recent sessions, aided by optimistic expectations around global trade agreements and...

The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is encountering challenges as it hovers around 100.90 during Wednesday’s Asian session, maintaining a subdued stance for a second consecutive day. This decline follows softer-than-expected US inflation data in April, highlighting the ongoing economic pressures and potential...

The price of West Texas Intermediate (WTI), the US crude oil benchmark, has continued its upward momentum, reaching around $63.25 during the early Asian trading hours on Wednesday.  This surge is primarily attributed to the easing of trade tensions between the United States and China, which has led to a more optimistic outlook on global...

The GBP/USD currency pair surged on Wednesday, reflecting a marked shift in investor sentiment after the U.S. released softer-than-expected inflation data. The pair climbed to a high of 1.3300, representing a 1.25% increase from its lowest level this month. Technical indicators, notably a bullish engulfing pattern, reinforce the outlook for continued gains in the short...

The BTC/USD pair has been in a strong uptrend in recent weeks, trading at $104,600—its highest level since January 2025 and substantially above the April low of $74,000. This significant rebound reinforces the prevailing bullish momentum and positions Bitcoin within reach of its all-time high.  In this article, we examine the technical setup and the...

The AUD/USD currency pair has shown signs of renewed bullish momentum, buoyed by shifting macroeconomic fundamentals and a strengthening technical structure. This resurgence comes amid heightened volatility in the broader foreign exchange markets, triggered by the latest US inflation data and shifting monetary policy expectations.  The pair climbed to a high of 0.6475, marking a...

The EUR/USD currency pair remains one of the most actively traded instruments in the foreign exchange market, and recent price action has introduced a compelling signal following a bounce from a key technical support level at $1.1063. This level has proven to be a critical inflection point, providing an opportunity for traders to examine potential...

In the world of foreign exchange and commodities trading, gold continues to command attention, particularly as recent sessions reflect resilience in the face of broader market shifts. While global indices have surged sharply higher, gold prices have notably held steady, reinforcing their long-standing role as a safe-haven asset.  The current signal is quite compelling—gold has...