GBP/JPY trades near the 191.00 zone with little movement after Monday’s European session.Overall tone is neutral, with short-term signals diverging and long-term resistance capping upside.Support remains just below current levels, while resistance … [Continue reading]
Gold Price Forecast: XAU/USD regain the $3,300 mark, awaits more clues
XAU/USD Current price: $3,311.12The US April ISM Services PMI came in much better than expected, at 51.6.US Treasury Secretary Bessent said trade deals with different nations could be announced this week.XAU/USD recovered the $3,300 mark and could … [Continue reading]
Gold near 2.5% rally with weaker Greenback and geopolitics as drivers
Gold price rallies more than 2% on Monday with nervousness towards the Fed interest-rate decision. Geopolitical risks coming from Trump and Israel are pushing investors back into Gold.The Greenback is losing its status as safe haven in favor of … [Continue reading]
EUR/USD Forecast: Euro stabilizes between key levels to start week
EUR/USD fluctuates in a tight channel above 1.1300 on Monday.Markets turn risk-averse ahead of the US ISM Services PMI data for April.The near-term technical outlook highlights a lack of directional momentum.EUR/USD stays relatively quiet to start … [Continue reading]
Gold Price Forecast: XAU/USD holds the key support as the Fed week kicks in
Gold price sets off the Fed week on a positive note, looking at $3,300.The US Dollar returns to the red amid trade uncertainty and pre-Fed repositioning. Technically, Gold buyers defend 21-day SMA support as RSI stays bullish.Gold price is … [Continue reading]
AUD/USD gains traction to near 0.6450 as Anthony Albanese wins a second term as Australian PM
AUD/USD edges higher to near 0.6450 in Monday’s early Asian session. Albanese won a second term as Prime Minister in Federal Election results on Saturday. US NFP rose 177,000 in April, stronger than expected.The AUD/USD pair gathers … [Continue reading]
Bitcoin rallies above $97K following a surge in stablecoin inflows
Bitcoin rose above $97,000 on Friday as the stablecoin market witnessed a fresh influx of liquidity.The stablecoin market cap grew by $5 billion in April, rising 2.2% to $238 billion.USDT and USDC market cap rose by $2.5 billion and $1.2 billion over … [Continue reading]
Ethereum dumped hard in Q1 2025, underperforms Bitcoin and Solana: Here’s why
Ethereum has seen a loss of nearly 50% in 2025, significantly underperforming Solana and Bitcoin.The underperformance stems from several factors, including Ethereum L2 centric roadmap, ETF inflows and institutional Bitcoin treasury strategy.ETH could … [Continue reading]
AUD/NZD Price Analysis: Bullish momentum, buyers don’t give up
AUD/NZD was seen around the upper end of its daily range on Friday.The pair maintains a bullish outlook supported by short-term trend signals.Technicals show mixed bias across indicators, with resistance seen above and long-term averages still … [Continue reading]
USD/JPY retreats from highs as Dollar weakens and Japan signals tariff pushback
The pair trades near 145.00, correcting from recent highs amid renewed Dollar softness.NFP beats expectations at 177K, but weak ISM and GDP data revive Fed rate cut bets.Bearish bias persists; key resistance at 145.52 and support at 144.42 with … [Continue reading]