Written by
399 Articles0 Comments
Technical analysis

XAU/USD Faces Bearish Pressure Amid Record Highs

Market Overview Gold (XAU/USD) surged to a record high of $3,895 on October 1, supported by safe-haven demand amid the ongoing U.S. government...

Technical analysis

USD/CAD Technical Setup Points to a Potential Reversal From Channel Resistance

Fundamental Overview The Bank of Canada (BoC) minutes from its latest policy meeting revealed that officials remain cautiously optimistic despite persistent global trade...

Technical analysis

USD/CAD Eyes 1.4000 Resistance as Fed Rate Cut Bets and Weak Crude Weigh on Sentiment

Fundamental Overview The USD/CAD pair remained firm around 1.3920 during Wednesday’s European session, consolidating after Tuesday’s modest rally. Market participants appear cautious as...

Technical analysis

U.S. Government Shutdown Puts Gold at $4,000 Within Reach

Political gridlock triggers a flight to safety as investors flock to gold amid a weakening dollar and rising Fed rate cut bets. Fundamentals...

Technical analysis

Gold Price Outlook: Bullish Momentum Builds as $4,000 Target Comes Into Focus

Gold’s powerful rally extends as investors continue to “buy the dips,” with geopolitical risks and dovish Fed expectations fuelling demand. The gold market...

Technical analysis

US Dollar Rebounds: EUR/USD, USD/JPY, and AUD/USD Face Key Technical Tests

The US dollar showed renewed strength on Wednesday, reversing an early bout of weakness as traders reassessed rate expectations ahead of this week’s...

Technical analysis

Crude Oil Outlook: Pullback to $62 Seen as Healthy Retest Before Next Leg Higher

Crude oil prices extended their retreat on Tuesday, dropping to a session low of $62.31 as traders took profits following last week’s breakout....

Technical analysis

Yen and Aussie Dollar in Focus: Tankan Misses, Ai Group Index Dips, and U.S. Jobs Data Awaited

The Japanese yen and Australian dollar came under pressure on Wednesday as key regional surveys missed expectations, prompting traders to reassess policy outlooks...

Technical analysis

Gold (XAUUSD) and Silver (XAGUSD) Analysis: Breakouts Build as Fed Rate Cut Bets Lift Precious Metals

Gold and silver extended their winning streaks on Wednesday, driven by expectations of a Federal Reserve rate cut and a weakening U.S. Dollar....

Technical analysis

Silver (XAGUSD) Forecast: Overheated at $47.17 – Short Term Correction May Offer a Better Entry

Silver prices lost momentum on Tuesday after briefly touching $47.17, coming just one cent short of Monday’s $47.18 high. The inability to break...