2026

Gold added more of a drop this week while managing to test the downtrend channel support around 4100. As we see over the chart, the market is facing a trading zone between resistance 4535 and support 4100. Below 4100, more of a drop could…
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The pair hit a correction towards the target and support of 157.25-65 last week. The market is still holding a trading zone with resistances around 160.20 and 161.95 where each resistance could push for drop a toward the 157.25-65 zone.…
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The market managed to rebound after printing a low of 1.3217 two weeks ago. As we see from the previous chart, prices managed to meet the target of 1.3460-80 which could lead to a correction. Above 1.3485 more advance will be expected…
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THE Euro managed to hold trades inside a trading zone as expected last week. Prices still face pressure towards the 1.1200 zone with resistances at 1.1655. Below 1.1400 more of a drop toward 1.1200 will be expected. Above 1.1655 more…
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AUDUSD bouncing back The Australian dollar continues its fightback as the greenback loses momentum. A bounce at the daily support of 0.6960 has put the Aussie back on the front foot. As prices head for the next swing high at 0.7130, the…
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Tuesday could see the most important data release of the week, as traders are desperate for data on how the war in the Middle East is actually affecting the economy. Flash PMI figures are the first bit of major data from the period after…
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EURUSD getting back on track The pair flirts with the 1.1600 area as investors digest last week’s inflation data. With the Fed and the ECB holding their rates, all eyes will now turn to inflation data as global economies assess the…
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GBPUSD tests key support Cable paused the recent rally as price action was rejected at the 1.3460 area. On the chart, the pair is testing a fresh low, with the previous swing high a key level for bulls to target should another push to…
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Over the last week, 16 central banks held policy decision meetings, including major ones like the Fed, ECB, and BOE. While the vast majority kept interest rates unchanged, the tone and outlook they gave generated a sea change in perceptions…
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EURUSD pushes for an uptrend The Euro continues its upward trajectory after the ECB keeps its interest rate unchanged to stabilise inflation. The pair saw a further uptick as prices tested 1.1560, which has become the next hurdle, and…
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