Forex

Expectations of peace in the Middle East are leading to a sell-off in the US dollar. Gold is the main beneficiary of the conflict’s resolution. And the last shall be first. EURUSD bulls have launched a counterattack following Donald Trump’s announcement that the conflict in the Middle East would be resolved within 2–3 weeks. The

Gold (XAU/USD) prices have broken above the key $4,600/oz psychological barrier. Middle East tensions are escalating as diplomacy stalls and the US continues a military buildup, fueling market uncertainty. The rare negative correlation between Crude and Gold appears to be shifting, with rising Oil prices potentially benefiting Gold by compressing real interest rates and bringing

Gold Price’s break above the 4,600 level this week has reignited bullish momentum, but the move raises a deeper question — is this a genuine reversal or a temporary bounce? After a sharp Q1 correction, Q2 is now shaping up as the decisive battleground that will determine whether Gold is reversing higher or merely recovering

Japan’s PMI Manufacturing was finalized at 51.6 in March, down from February’s 45-month high of 53.0, signaling moderation in growth momentum. Even so, the reading still marked the second-strongest performance since July 2022, with Q1 overall delivering the best quarterly showing since Q2 2022. S&P Global Market Intelligence’s Annabel Fiddes noted that the slowdown coincided

Key Highlights Bitcoin started a recovery wave above $66,500 and $67,000. A bearish trend line is forming with resistance at $68,500 on the 4-hour chart of BTC/USD. Ethereum also climbed over 4% and surpassed $2,050. Gold is grinding higher toward the $4,760 resistance. Bitcoin Price Technical Analysis Bitcoin price remained supported above $65,000 against the

Daily Pivots: (S1) 1.1429; (P) 1.1476; (R1) 1.1509; More…. EUR/USD recovered ahead of 1.1408 support as consolidations continue. Intraday bias remains neutral for the moment. Further decline is expected with 1.1666 cluster resistance (38.2% retracement of 1.2081 to 1.1408 at 1.1665) intact. On the downside, firm break of 1.1408 will resume the fall from 1.2081

Q2 does not look like a straightforward directional quarter for forex. The market keeps trying to price de-escalation, but oil, inflation and policy expectations are still tied to an unstable geopolitical backdrop. That leaves the quarter feeling reactive rather than settled. The better opportunities are not broad one-way trades, but relative-value trades where policy, growth

Key Highlights GBP/USD started a fresh decline and traded below 1.3320. It traded below a bullish trend line with support at 1.3290 on the 4-hour chart. EUR/USD remained in a bearish zone below 1.1580. WTI Crude Oil prices are again moving higher above $98.00. GBP/USD Technical Analysis The British Pound faced rejection near 1.3480 against

Markets rarely reward consensus in the way most participants expect. Right now, a large portion of traders are anticipating a pullback. But anticipation alone does not translate into execution. In reality, most participants will enter too early, hesitate when the opportunity appears, or miss the move entirely. This is not randomness—it is the result of

Forex trading has a reputation problem. For many business professionals, it sits in the same mental category as sports betting or casino gambling — something speculative, reckless, and best avoided. This perception is not entirely unfounded. The industry has its share of aggressive marketing, unrealistic promises, and poorly educated retail participants who treat currency markets

Silver price strengthened notably as a sharp pullback in US Treasury yields provided fresh support for precious metals, with markets reassessing Federal Reserve policy outlook following yesterday’s comments from Chair Jerome Powell. The decline in yields, alongside softer rate expectations, has eased pressure on non-yielding assets, giving Silver the “oxygen” to rebound and push toward

Dubai based Retail FX and CFDs broker STARTRADER has announced that it has introduced Web STAR Copy, a new web-based feature designed to simplify access to copy trading and enable more structured participation in financial markets. The feature allows traders to follow and copy strategies from experienced participants, improving execution consistency and overall trading efficiency. As

After surging to $119.7 on March 9, crude oil experienced a sharp decline, reaching $76.73 by March 11. This retreat unfolded in the form of a five-wave impulsive Elliott Wave structure, marking a decisive corrective phase. From the March 9 peak, wave (1) concluded at $96.25, followed by a rebound in wave (2) that terminated

Gold’s current resilience in the face of the broad-based Dollar rally is raising the possibility that the recent decline has transitioned into a “Wyckoff Accumulation” phase. The sharp drop to 4,100 last week, followed by a swift recovery toward 4,600, suggests that what initially appeared to be a breakdown may instead have been a liquidity-driven

We are now officially entering the fifth week of the US-Iran-Israel conflict, which sent bombs flying all over the Middle East, but more concerningly, sent Global Assets flying all over. The main culprit was Crude Oil prices – rallying about 50% since its Monthly open, the commodity hasn’t failed to contribute its fair part in

Daily Pivots: (S1) 184.00; (P) 184.34; (R1) 184.81; More… EUR/JPY’s accelerated decline and break of 183.17 minor support should confirm rejection by 184.75 resistance. Intraday bias is back on the downside for 181.85 support. Firm break there will argue that the correction from 186.86 is already in the third leg, and should target 180.78 and

Ahmedabad: A 39-year-old assistant professor posted at a govt hospital has approached the Cybercrime police claiming he was cheated of more than Rs 70 lakh in a forex trading scam run through Telegram. According to the complaint lodged on March 29, the victim, a native of Rajasthan who currently stays in a hospital hostel, was

Daily Pivots: (S1) 0.7955; (P) 0.7974; (R1) 0.8009; More…. USD/CHF’s rally from 0.7603 is in progress and intraday bias stays on the upside. Further rise should be seen to 38.2% retracement of 0.9200 to 0.7603 at 0.8213. On the downside, below 0.7951 minor support will turn intraday bias neutral first. But further rally is expected