As the XAU/USD chart shows, the gold price has been holding within the $5,060–$5,200 range over the past several sessions. Bullish view: the key support is the lower boundary of the long-term channel that has been in place since the beginning of 2026. Bearish view: pressure on the price comes from statements by President Trump

Analysing the EUR/USD chart five days ago, we: → constructed a downward channel, noting signs that the bears remained in control; → outlined a scenario in which the rate would decline to a new yearly low (and test the lower boundary of the channel). Yesterday’s price action confirmed these assumptions – the low at H

Today, we will take a look at Forex Trading on the Dow Jones Industrial Average, EURUSD, AUDUSD and Gold, XAUUSD. Last time we looked at buying the dip on gold, and we did, in fact, get a result. What we have now, however, is a range trading opportunity with price action almost perfectly placed between

As I was completing an upcoming piece on the US Dollar, things just changed swiftly (coming up soon) Trump just said during an interview that the War was “pretty much complete”, implying a significant advance on his initial 4-5 week estimate. It seems a bit early for the warning however, so this report and move

Key Highlights Gold started a fresh decline from $5,420 and traded below $5,200. A major bullish trend line is forming with support at $5,040 on the 4-hour chart. WTI Crude Oil surged toward $120 before there was a sharp correction. USD/JPY extended gains and traded above 158.50. Gold Price Technical Analysis Gold remained well bid

The London session matters because it is the part of the forex day when liquidity usually rises, spreads often tighten, and major pairs such as EUR/USD and GBP/USD tend to move with more consistency. London also remains the world’s largest foreign exchange center.  In the latest BIS triennial survey, the UK accounted for 38.1% of

The price of oil has continued to surge higher at the start of this week driven by the ongoing conflict in the Middle East. The price of Brent has hit a fresh high overnight of USD119.50/barrel before dropping back below USD110/barrel. At the worst point it had extended its advance to almost two thirds since

AUD/USD failed to stay in a positive zone and declined below 0.7000. NZD/USD is also moving lower and might extend losses below 0.5850. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar started a fresh decline from well above 0.7100 against the US Dollar. There is a bearish trend line forming with resistance

Created on March 09, 2026 The Swiss Franc has risen against the Japanese yen on Friday, as traders will look at this as a major signal. CHF/JPY The Swiss Franc has rallied significantly against the Japanese Yen during the trading session on Friday to threaten the idea of a major breakout yet again. This is

Another shocking Monday for the energy market. Last week’s start was remembered for a bullish gap of more than 10% (which was later followed by a pullback), but today’s market open proved even more volatile (as reflected by the ATR indicator). After a bullish gap of roughly 11%, the price continued to climb, reaching a

Game 7, LLC, the parent company of prop trading technology provider FPFX Tech as well as prop white label operator PropAccount, and retail prop firm BullRush, has announced that Quadcode, the fintech group behind IQ Option, Amaiz, and Quadcode AI, has acquired a “significant strategic stake” in the business. The actual size of the investment,

Daily Pivots: (S1) 0.7781; (P) 0.7810; (R1) 0.7838; More…. Intraday bias in USD/CHF remains neutral for the moment. On the downside, break of 0.7671 support will revive near term bearishness and bring retest of 0.7603 low. Decisive break there will resume larger down trend. On the upside, though, break of 0.7877 will bring stronger rally

Gold began the week on the defensive while Dollar strengthened broadly across currency markets, as the Middle East conflict has entered its second week with no meaningful signs of de-escalation. The metal is now showing signs of fragility near 5,000 psychological level, which is significant due to positioning in the options market. A break below

Key Highlights EUR/USD declined heavily below 1.1620 and 1.1600. A major bearish trend line is forming with resistance at 1.1765 on the 4-hour chart. Crude oil prices surged above $100 and $110 amid the ongoing Iran conflict. Gold prices remained in a range below the $5,250 resistance. EUR/USD Technical Analysis The Euro failed to stay

Full-scale war over Iran in the Middle East has pushed energies to multi-year highs and helped strengthen safe havens such as the US Dollar and Gold. I wrote on the 1st March that the best trades for the week would be: Long of Gold following a daily (New York) close above $5,418.55. This did not

As the FX and CFDs sector began to operate in the new reality of war in the Middle East (some interesting data on that from Capital.com below), with industry hubs Dubai and Cyprus very much involved, there was still lots of news to report this past week. Who entered as the new CEO of Copenhagen

Daily Pivots: (S1) 1.1590; (P) 1.1622; (R1) 1.1670; More…. EUR/USD is staying in consolidations above 1.1529 temporary low and intraday bias stays neutral. On the downside, below 1.1529 will resume the fall from 1.2081. Sustained break of 1.1576 structural support would confirm rejection by 1.2 key psychological level. That should also confirm medium term topping

EUR/AUD edged lower to 1.6421 last week but recovered. Initial bias remains neutral this week first. On the downside, sustained break of 138.2% projection of 1.8554 to 1.7245 from 1.8160 at 1.6351 will extend larger down trend to 161.8% projection at 1.6042 next. However, considering bullish convergence condition in 4H MACD, firm break of 1.6691

EUR/GBP’s extended decline last week suggests that rebound from 0.8611 has already completed at 0.8788. Initial bias stays on the downside this week for retesting 0.8611 first. Firm break there will resume the whole fall from 0.8863. Next target is 100% projection of 0.8863 to 0.8611 from 0.8788 at 0.8536. On the upside, above 0.8711