The GBP/USD pair recorded significant declines during the previous trading session, hitting its lowest level at 1.3462. Technical Outlook – 4-Hour Timeframe The pair’s stability below the Simple Moving Average (SMA), which coincides with the previously broken support area now acting as a resistance level at 1.3510, reinforces this level’s …
Read More »Oil Remains on a Bearish Path Despite Rebound Attempts 20/08/2025
WTI crude oil futures have continued to record consecutive losses over several sessions, with the price reaching its lowest level at $61.68 per barrel. Technical Outlook – 4-Hour Timeframe Current price action shows attempted bullish rebounds as the Relative Strength Index (RSI) tries to correct from oversold conditions. Meanwhile, the …
Read More »Weak Upward Momentum Leaves Gold Under Sellers’ Control 20/08/2025
Gold prices (XAU/USD) saw a sharp decline during the previous trading session, continuing the movement anticipated in our last technical report. Prices have already touched the target level of $3310.Technical Outlook – 4-Hour Timeframe Gold prices are trading below the major support level around 3325, which was broken during the …
Read More »EUR Loses Momentum, Breaks Uptrend Line 20/8/2025
The EUR/USD pair has been dominated by a bearish trend after failing to close above the psychological resistance level of 1.1700.Technical Outlook – 4-Hour Timeframe:Technical indicators are signaling a negative bias. The 50-day Simple Moving Average (SMA) continues to exert downward pressure, supported by negative signals from the Relative Strength …
Read More »Bitcoin Sees Bold Corporate Purchases in a Flat Market
Bitcoin’s recent price action has been a test of patience, as the asset appears stuck in a tight trading range. This period of consolidation, however, is not deterring a new wave of corporate adopters who are placing significant bets on the long-term value of the cryptocurrency. This divergence between a …
Read More »S&P Debt Rating Explained: Are Trump’s Tariffs A Fiscal Lifeline in Turbulent Times?
Experts who have watched economic policies unfold over decades, find the latest affirmation from S&P Global Ratings both vindicating and thought-provoking. In a bold move that defies conventional wisdom, President Donald Trump’s tariffs are proving to be more than just trade bluster—they’re a strategic revenue engine helping stabilize America’s finances. …
Read More »Market Drivers – US Session: USD Gains Ground Ahead of FOMC Minutes
The US Dollar (USD) gained ground on Tuesday as market participants adopted a cautious stance ahead of several key events, including Wednesday’s release of the Federal Open Market Committee (FOMC) Minutes and the highly anticipated Jackson Hole Symposium later in the week. Heightened geopolitical tensions also contributed to the safe-haven …
Read More »Are Geopolitical Wins Enough to Boost Investor Confidence on Wall Street?
Wall Street kicked off the trading day with a mixed performance, as investors braced for a flurry of retail earnings reports and kept a close watch on developments in the ongoing Ukraine-Russia conflict. The major indices showed little decisive movement, reflecting a blend of caution and optimism in the face …
Read More »GBP/USD Steady Near 1.3500 as Ceasefire Hopes Offset Fed and UK Inflation Risks
The British pound is maintaining its position against the US dollar around the 1.3500 level, with emerging prospects for a ceasefire in the Ukraine-Russia conflict helping to counterbalance potential pressures from Federal Reserve policies and upcoming UK inflation data. Traders are also keeping a close eye on the release of …
Read More »Canada’s Inflation Picture: A Tale of Two Trends
Canadian consumers and policymakers are watching closely as new inflation data is set to be released. While the annual inflation rate is expected to show a welcome slowdown, monthly figures suggest that underlying price pressures may be gaining steam. This dual trend presents a complex challenge for the Bank of …
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