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Gold prices have rallied from an overnight low around the $3323/oz handle to a high of $3360/oz before settling around the $3350/oz mark.The precious metal looks set to continue its choppy price action at the start of a busy week. The recovery in Gold from the overnight low could in part be down to lower … Read more

Dow Jones: ⬇️ Sell Dow Jones reversed from strong resistance level 45000.00 Likely to fall to support level 44500.00 Dow Jones index recently reversed down from the resistance zone located between the strong resistance level 45000.00 (which has been reversing the price from the end of 2024) and the upper daily Bollinger Band. The downward … Read more

Key Highlights AUD/USD struggled near 0.6565 and reacted to the downside. It traded below a key bullish trend line with support at 0.6505 on the 4-hour chart. GBP/USD is correcting gains from the 1.3590 resistance zone. EUR/USD is struggling to clear the 1.1720 resistance. AUD/USD Technical Analysis The Aussie Dollar failed to continue higher above … Read more

In focus today Market focus will continue to be on the Russia-Ukraine conflict and the ongoing efforts to achieve a ceasefire. Today is quiet in terms of data releases. However, in New Zealand, both markets and analysts anticipate the Reserve Bank (RBNZ) will continue its easing cycle with a 25bp rate cut early tomorrow morning, … Read more

All eyes were on Washington yesterday, where Zelensky finally hit it off with the US President, raising hopes that peace could be on the horizon. The next step is to bring Putin to the negotiating table and find a durable solution. Peace has rarely felt so close. Crude oil opened lower this week after the … Read more

Markets Most markets started the week with rangebound technical trading after last week’s up-tick in global yields. Eco data were confined to further declining confidence of the Association of US home builders (NAHB) (32 from 34). The index nears the lows of end 2022/April 2020. The NAHB chief economist argued in favor of lower Fed … Read more

On Tuesday, the price of gold stabilised around USD 3,330 per troy ounce. Investors are assessing US-led peace efforts and awaiting the outcome of the Federal Reserve’s annual Jackson Hole symposium. Following Monday’s meeting at the White House, US President Donald Trump confirmed that he had discussed the situation with Russia and was now working … Read more

Ethereum completed its cycle from the August 2025 low, forming wave 1 through a five-wave impulse structure. Starting from the August 3, 2025 low, wave ((i)) peaked at $3,737.4, followed by a pullback in wave ((ii)) to $3,545.2. The cryptocurrency then surged in wave ((iii)) to $4,332.7, with a subsequent dip in wave ((iv)) concluding … Read more

GBPUSD faces low volatility but holds above 50-day SMA. Bearish short-term structure intact; bullish bias could emerge above 1.3655. GBPUSD is trading quietly ahead of a busy UK data calendar, consolidating between the recent high of 1.3580 and the 50-day simple moving average (SMA) at 1.3500. So far, August has been favorable for the pair, … Read more

According to the XBR/USD chart, this morning (19 August) Brent crude oil price is showing bearish momentum, moving towards its lowest level since early summer (set last week). The key bearish drivers in the market include: → OPEC+ policy aimed at increasing production; → expectations that negotiations to end the war in Ukraine could lead … Read more