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Technical analysis

Market Outlook: Fed caution fails to shake dollar, while EUR/USD and GBP/USD eye key resistance levels

The U.S. dollar showed resilience on Monday, largely ignoring cautious comments from Federal Reserve officials. Cleveland Fed President Loretta Hammack struck a notably...

Technical analysis

GBP/USD Forecast: Bulls Eye 1.3631, but 1.3562 Remains Key Barrier

The British pound (GBP/USD) is showing signs of stabilization after the U.S. dollar index fell by 0.39% yesterday, limiting further downside pressure on...

Technical analysis

Trading Outlook for EUR/USD: Watch 1.1840 as Key Pivot for Direction

The euro (EUR/USD) is currently trading around 1.1803, positioned just above the 38 SMA but still below the +1/8 Murray level, suggesting a...

Technical analysis

Trading Outlook for Gold: Correction Ahead if 3,750 Breaks

Gold (XAU/USD) is currently hovering around 3,743 after hitting a fresh high near 3,760, with price action showing early signs of a mild...

News

US Stocks Retreat from Records

Market Overview US stocks pulled back on Monday after setting record highs last Friday. The S&P 500 and Nasdaq both slipped by 0.1...

Technical analysis

GBP/USD Technical Analysis for the Week of September 22–27

Trend outlook The pair is likely to continue its decline from the 1.3466 level, which marked the close of the last weekly candle....

Technical analysis

Bitcoin Holds Above $112,000

Bitcoin holds above 112000 Bitcoin stayed above the 112000 level even after a sharp intraday drop that seemed designed to shake out weaker...

Technical analysis

Gold and Silver Price Forecast Bulls Target $3,725 and $44 After Fed Rate Cut

Gold is holding near $3,715 above the $3,700 level after the Federal Reserve cut rates by 25 basis points. The outlook for more...

Technical analysis

US Dollar Price Forecast Greenback Holds Strength Before Powell’s Remarks GBP/USD and EUR/USD

The US Dollar Index is moving around 97.80 after the Federal Reserve cut interest rates by 25 basis points. Traders are now waiting...

Technical analysis

Oil Struggles Below 200-Day Moving Average Despite Geopolitical Risks

Crude oil prices started the week slightly higher but quickly lost momentum after facing resistance at the 200-day moving average around $63.00. The...