Key Takeaways Critical military briefing: Trump is set to receive a Pentagon briefing Thursday on potential renewed military action against Iran, signaling serious consideration of breaking the two-week deadlock. Wave of strikes on the table: CENTCOM Commander Admiral Brad Cooper will present plans for attacks likely including Iranian infrastructure targets. …
Read More »Bank of England on the Brink: Iran War Sparks Inflation Dilemma as Bailey Faces Toughest Call Yet
Key Takeaways Hold widely expected: All 62 economists polled by Reuters predict no change to the 3.75% Bank Rate at Thursday’s meeting. Vote split forecast: Analysts expect an 8-1 vote, with Chief Economist Huw Pill seen as the most likely dissenter favoring a hike. Bailey pushes back: The Governor has …
Read More »Dow Jones: The Support Breakout? 30/4/2026
Dow Jones Industrial Average (DJIA) Technical Analysis The Dow Jones Industrial Average sustained significant losses on Wall Street, retreating sharply from a session high of 49,402 to register an intraday low of 46,678 — a steep decline that underscores the intensity of selling pressure across the index. Technical Outlook for …
Read More »Loonie at a Pivot Point: Is the USD/CAD Downward Trend Reversing? 30/4/2026
USD/CAD Technical Analysis The USD/CAD pair is staging a recovery attempt following several consecutive sessions of decline, hovering in close proximity to the support zone near 1.3660. Technical Outlook – 4-Hour Timeframe The simple moving averages across the shorter timeframes have regained upward traction, lending support to the prospect of …
Read More »Sterling Breaks Support: All Eyes on BoE for Policy Direction 30/4/2026
GBP/USD Technical Analysis Negative price action continues to dominate the GBP/USD pair following a decisive break of a short-term ascending trendline — a development that signals a clear shift in market sentiment toward the downside. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, the pair is consolidating beneath the …
Read More »Gold’s Last Stand: Will the $4,500 Support Hold or Shatter? 30/4/2026
Gold (XAU/USD) Technical Analysis Gold prices (XAU/USD) retreated during the previous session after failing to sustain trading above the $4,600 mark, sliding to an intraday low of $4,510 — a move that underscores the persistence of selling pressure on the metal. Technical Outlook – 4-Hour Timeframe: In the short term, …
Read More »Between a Dip and a Rally: The Euro Awaits Its Fate 30/4/2026
EUR/USD Technical Analysis The EUR/USD pair has extended its downside trajectory in line with our previous projections, successfully reaching the targeted level of 1.1655 as sellers continue to assert their grip on the short-term landscape. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, the pair is navigating within a …
Read More »Dollar Steady Ahead of Powell’s Final Stand: Fed Decision and Iran Blockade Set Stage for Currency Showdown
Key Takeaways Dollar index firms slightly: The DXY ticked up 0.1% to 98.70, with the euro down 0.1% at $1.1698 and the pound 0.1% lower at $1.3502. Fed expected to hold: Rates likely to stay at 3.5%-3.75%, with the WSJ reporting potential hawkish tweaks to forward guidance — possibly removing …
Read More »Bitcoin Treads Water Near $77K: Fed Showdown and Iran Blockade Keep Crypto on Edge
Key Takeaways Steady but stuck: Bitcoin held near $77,000, last trading 0.5% higher at $76,614, as investors await the Fed verdict. Technical ceiling: IG analysts identify the $78,000-$79,500 zone as a stubborn resistance barrier, with profit-taking repeatedly capping advances. Range-bound pattern: Sharp rallies followed by consolidation phases reflect a market …
Read More »Gold Stuck in Mud Near One-Month Low as Iran Blockade and Fed Caution Crush Safe-Haven Appeal
Key Takeaways Bullion under pressure: Spot gold slipped 0.1% to $4,593.04 per ounce, while gold futures eased 0.1% to $4,606.31 — both near one-month lows. Dollar steals the show: Safe-haven buyers have flocked to the greenback rather than gold amid the Iran war uncertainty. Mixed metals picture: Spot silver rose …
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