Technical Analysis

The landscape of international trade is continually evolving, and the recent developments indicate a significant escalation known as Trade War 2.0. Unlike its predecessor, which primarily focused on US-China relations, this new phase has broader implications, involving several major trading partners, including Canada, Mexico, and potentially the European Union. The 25% tariffs imposed on Canadian

In the ever-evolving world of foreign exchange, understanding current market trends can often help traders make informed decisions. The recent movements in the GBP/USD and EUR/GBP pairs have raised several eyebrows among market participants. This article delves into the technical aspects of these currency pairs, identifies key resistance and support levels, and highlights the implications

In a striking development last Friday, gold prices climbed toward $2,800 per ounce, reaching unprecedented levels. This surge is rooted in a climate of economic uncertainty spurred by aggressive trade stances from U.S. President Donald Trump. As concerns grow over potential economic slowdowns and disruptions in global trade due to ongoing trade war threats, investors

In the forex trading landscape, the USD/JPY currency pair is currently experiencing a notable period of consolidation, maintaining its position just above the critical support level of 154.25. This has marked the fourth consecutive day where the pair has continued to hover around this threshold, despite the bearish forces attempting to steer it lower. The

Gold prices have recently reached an all-time high, breaking through the significant psychological barrier of $2800 per ounce. This surge, attributed to a combination of geopolitical tensions and domestic economic indicators, has captured the attention of investors looking for safe-haven assets amidst rising uncertainties. On a notable Friday, the price gained traction by extending the

The EUR/USD currency pair is currently navigating through a phase of consolidation around the 1.0426 mark on Thursday. This comes as market participants mull over the recent policy decisions made by the Federal Reserve, while also preparing for the highly anticipated European Central Bank (ECB) meeting. The Federal Reserve, as widely anticipated, decided to maintain

The Federal Reserve’s Open Market Committee (FOMC) has recently decided to keep the federal funds rate within the range of 4.25% to 4.50%. This decision aligns with its ongoing efforts to manage the economy’s imbalance between growth and inflation. The Committee’s rationale focused on the economy’s “solid pace” of expansion, even as concerns surrounding inflation’s

The dollar index experienced a recovery on Tuesday, stabilizing after a tumultuous day of trading on Monday. This volatility was ignited by unexpected market reactions, commonly referred to in trading lingo as the “DeepSeek shockwave.” It highlights the sensitive nature of financial markets to news events and economic indicators. The chief catalyst for the dollar’s

The Australian Dollar (AUD) and the New Zealand Dollar (NZD) have demonstrated notable movement against the U.S. Dollar (USD) recently. As traders track the ongoing fluctuations in these currency pairs, it becomes critical to analyze the driving factors and technical indicators affecting their momentum. This examination delves into the recent performance of AUD/USD and NZD/USD,

The recent fluctuations in the USDJPY currency pair are primarily driven by the Bank of Japan’s (BoJ) anticipated interest rate hike of 25 basis points. While the adjustment marks the highest rate in 17 years, it has only induced a momentary dip in the pair. Despite initial volatility, the dollar’s resilience is notable, rooted in

In the ever-changing landscape of trading, gold continues to be a focal point for many investors. As one of the oldest forms of currency and a staple in commodity trading, its price movements can often reflect broader economic trends. Through the lens of Elliott Wave theory, which offers insights into market trends based on the

The US dollar has recently experienced a marked decline against several major currencies, with a drop of nearly 2%, settling at 107.1 before bouncing back slightly. This shift in the dollar’s strength can largely be attributed to the changing interest rate outlook from the Federal Reserve. Months ago, in early January, the market had factored