tradingforex

Silver: ⬇️ Sell Silver reversed from resistance zone Likely to fall to support level 37.00 Silver recently reversed down from the resistance zone lying at the intersection of the resistance level 39.00, upper weekly Bollinger Band and the resistance trendline of the weekly up channel from 2023. The downward reversal from resistance zone created the … Read more

The Dow Jones (US30USD) has rallied ~0.29% higher today, having found support at the bottom of the current daily range, trading at around $44,471. Dow 30 (DJIA): Key takeaways from today’s session Having ended last week’s trading on a sour note, the Dow Jones has found support in today’s session and continues to trade in … Read more

Tomorrow’s July 15th Consumer Price Index inflation report has built some anticipation in the past week as markets try to cover some of their Dollar-selling positions, which took the Dollar Index to 96.50 lows on July 1st. Since then, positive US Job reports and another leg of the tech-AI boom have brought the USD back … Read more

Key Highlights Bitcoin started a fresh increase and traded to a new high above the $120,000 resistance. BTC/USD is following a bullish trend line with support at $119,500 on the 4-hour chart. Ethereum climbed higher above $3,000 resistance. XRP price rallied above the $2.80 level and tested the $3.00 zone. Bitcoin Price Technical Analysis Bitcoin … Read more

The market reaction to the weekend’s tariff threats — this time targeting a 50% tariff on Mexican and European exports to the US — was mostly hopeful: that they won’t materialize. That’s how markets traded the news — on the assumption that negotiations will water things down to a 15%-ish rate, at least for the … Read more

Markets The US 30-yr yield was a whisker away from touching the psychological 5% mark yesterday as Friday’s tariff-driven sell-off in US Treasuries slowed. Still the US yield curve showed some gentle bear steepening with daily yield changes ranging between +1.4 bps (2-yr) and +2.8 bps (30-yr). The jury is still out with June US … Read more

The price of gold remains stable at $3,354 per troy ounce this Tuesday, recovering some of the previous day’s losses. Market attention remains firmly fixed on US trade policy developments. President Donald Trump has formally notified leaders from 25 countries of new tariffs, including a 30% levy on imports from the EU and Mexico, set … Read more

As of today, the GBP/USD chart indicates that the British pound has declined by more than 2% against the US dollar since the beginning of July. Notably, the pace of the decline accelerated on Friday and continued into Monday. According to Reuters, the pound is under pressure due to market concerns over a potential economic … Read more

US benchmark indices inched upward on Monday, 14 July, with the S&P 500 rising 0.1% and the Nasdaq 100 gaining 0.3%, as investors looked ahead to the release of June’s US Consumer Price Index (CPI) data and key Q2 earnings reports from major financial institutions including JPMorgan, Citigroup, Wells Fargo, and BlackRock. In the early … Read more

Market Overview The crypto market cap retreated 3.5% to $3.67 over 24h after Bitcoin’s sharp dive in the middle of the European session on Monday. Notably, stock indices continued to move upwards, confirming no radical change in risk appetite. Bitcoin was one of the main victims of sharp profit-taking, falling 4% in 24 hours to … Read more