Technical Analysis

In an era where global economic uncertainties are the norm rather than the exception, the persistent strength of the United States economy continues to defy skeptics and critics. Many analysts have questioned whether the U.S. can maintain its dominant position amid rising geopolitical tensions, diplomatic unpredictability, and domestic political turmoil. Yet, recent economic indicators paint
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The recent Non-Farm Payrolls (NFP) report has sent shockwaves through financial markets, positioning the US dollar as the clear winner in the immediate aftermath. With a surprising addition of 147,000 jobs—substantially above the estimated 110,000—there’s a palpable shift in investor sentiment. What’s most compelling is the simultaneous decline in the unemployment rate to 4.1%, down
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The EUR/USD currency pair has demonstrated remarkable strength, soaring to new heights of 1.1801 and completing nine consecutive days of gains. This relentless rally suggests that traders are heavily influenced by external factors beyond traditional technical levels. Foremost among these is the perceived dovish stance of the Federal Reserve, which has kept US interest rate
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The mid-2025 gold market vividly demonstrated how geopolitical tensions can swiftly alter investor behavior, reasserting gold’s reputation as a safe-haven asset. In June, escalating hostilities between Israel and Iran, punctuated by U.S. bombings on Iranian nuclear sites, sent shockwaves through global markets. Investors rushed to gold, driving prices toward an intramonth peak near $3,430 per
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The EUR/USD currency pair has recently broken noteworthy ground, climbing above the 1.1700 threshold for the first time this year—a milestone that signals a distinct shift in the forex landscape. This is striking because the euro hasn’t reached such heights against the dollar since autumn 2019, indicating building strength in the European currency. The catalyst
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The foreign exchange market is witnessing an invigorating resurgence for both the Australian Dollar (AUD) and the New Zealand Dollar (NZD) against the U.S. Dollar (USD). Recently, both currencies have shown a remarkable upward trajectory, signaling a potentially favorable market sentiment. Each currency has displayed its unique characteristics, yet the common thread remains their shared
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The GBP/USD currency pair has embarked on a fresh descent, breaking through critical technical levels that once offered a semblance of support. Specifically, the pair fell beneath the pivotal 1.3620 level—a significant psychological resistance—signaling a shift in bullish momentum. This decline appears to be a manifestation of underlying market sentiment as traders recalibrate their positions
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Recent fluctuations in gold prices illustrate the profound impact of geopolitical events on financial markets. Last Friday, gold fell beneath a critical support level of $3,374, which is significant as it aligns with Fibonacci retracement levels and a bullish trendline established from previous lows. The dip can largely be attributed to waning tensions in the
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In the ever-evolving landscape of currency trading, the British pound (GBP) and the Swiss franc (CHF) are currently feeling the squeeze against the robust US dollar (USD). This dynamic stems from the recent Federal Reserve meeting, where officials opted to keep interest rates steady, emphasizing their cautious stance in responding to inflation trends. The Fed’s
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