2025

GBPUSD managed to hit few pips above the resistance of 1.2540 but remained below that level. The downtrend pressure is still ongoing while the market managed to hit 1.2300 and below. Prices now face the first resistance around 1.2380,…
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The Dow managed to meet the target of 42500 and managed to add more of a drop as the support of 42000 remains intact. As we see over the chart, we still expecting another advance wave toward 43700 and maybe 44500. Below 41600 a new…
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Gold managed to hold above the support of 2640-42 and today closed from the target zone of 2685-90. As we see over the chart a possible trading zone between 2605-15 and 2685-90 is still ongoing with the incoming major data from US today…
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The Euro managed to keep holding below the resistance 1.0460 where the downtrend pressure is still ongoing with the target still re-testing the 1.0225 support. More of a drop could come toward 1.0100 and 1.0000, while the market looks…
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UKOIL rallies as stocks decline Oil prices continued the bullish sentiment as supplies from OPEC members tightened while oil stocks fell last week. An expansion in economic activity pointed to a consequent growth in oil demand, which…
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XAU (Gold) pushing through the barrier XAU (Gold) gained further upside traction as the Fed remains cautious about the recovery of the economy. The price is still in search of 2700 after a recent spike above 2660. On the flip side, a…
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The release of December US Non-farm payrolls (NFP) on Friday is expected to show that the labor market remains resilient. But investors will be keen to look for any signs that the Fed might come under renewed pressure to ease. There is…
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AUDUSD grinds support The Australian dollar (AUD) found some firm resistance as risk appetite remains volatile across all markets. The latest move higher towards 0.6300 met stiff selling pressure, and prices are at a major crossroads…
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The Crude oil prices have been on the rise for over a month, which is all the more impressive considering the dollar getting stronger in that period as well. Interestingly, this rise has coincided with both OPEC and the IEA cutting their…
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