Silver accelerated higher at the start of the week (up over 2% in Asia / early Europe on Monday) and broke above psychological $40 barrier for the first time in over a decade. Fresh gains hit the highest since April 2011 and cracked Fibo barrier at $40.68 (76.4% of larger $49.78/$11.23 downtrend, 2011/2020), in extension … Read more

The dollar index remains in red for the fifth straight day and probes again through key supports at $97.61/52 (daily cloud base / Fibo 61.8% of 95.97/100.04) which have so far contained a number of attacks and marks solid supports. The dollar keeps negative tone on rising bets for Fed rate cut in September (the … Read more

The EUR/USD pair rose to 1.1704 on Monday. The US dollar is trading near one-month lows as the market awaits a series of US labour market reports. These figures could influence the Federal Reserve’s upcoming policy decisions. The key event will be Friday’s August employment report, alongside data on the unemployment rate, job openings, and … Read more

Since our last publication, the EUR/USD has indeed shaped the expected minor bullish breakout above the highlighted 1.1520 short-term pivotal support and hit the 1.1680/1.1705 short-term resistance. It rallied by 1.6% to print an intraday high of 1.1730 on 13 August 2025. Let’s now examine its latest technical elements to determine its next potential trajectory … Read more

Markets European investors profited from the empty eco calendar and the absence of their US counterparts celebrating Labor Day holiday to start the week/month still in vacay mode. Stock markets eke out small gains (EuroStoxx 50: +0.25%) follow last week’s choppy/corrective action. German Bunds cede some ground with the yield curve bear steepening. Daily changes … Read more

Markets Chinese stocks on fire: China A-shares (onshore market) have rallied strongly over the past month being up more than 10%. Foreign focus has suddenly shifted from whether China was investable to concerns over a new bubble on the mainland. H-share stocks on the other hand have traded more or less sideways during August. Why … Read more

The Australian dollar is coming off a positive week and has extended its gains on Monday. In the North American session, AUD/USD is trading at 0.6556, up 0.27% on the day. Earlier, the Aussie rose as high as 0.6560, its highest level since August 11. With US markets closed for Labor Day, we’re unlikely to … Read more

Gold: ⬆️ Buy Gold broke resistance zone Likely to rise to resistance level 3500.00 Gold recently broke the resistance zone between the resistance level 3450.00 (which has been reversing the price from May, as can be seen from the daily Gold chart below) and the resistance trendline of the daily Triangle from April. The breakout … Read more

AUDJPY: ⬆️ Buy AUDJPY broke daily Down Channel Likely to rise to resistance level 97.30 AUDJPY currency pair today broke the resistance the resistance trendline of the daily Down Channel from the start of July (which encloses the previous ABC correction 2). The breakout of this Down Channel continues the active short-term impulse wave 3 … Read more

Dollar weakened broadly today, though without a clear catalyst. Month-end flows are likely in play, while traders turned cautious ahead of what is expected to be a volatile September. With key U.S. releases looming, positioning appears lighter as investors await more decisive signals. Beyond tomorrow’s US PCE data, the focus now is squarely on the … Read more