Spot Gold (XAUUSD) reached an all-time high of $5598.75 on January 29 before undergoing a sharp correction to $4402.40 on February 2. From that low, the metal began a recovery that can be characterized as a nesting impulse. This structure reflects a sequence of advancing waves, each building upon the prior move to sustain upward…
The People’s Bank of China left its benchmark lending rates unchanged, keeping the 1-year Loan Prime Rate at 3.00% and the 5-year LPR at 3.50%. The decision marks the tenth consecutive month of steady policy. For now, policymakers are seen favoring targeted structural tools—supporting sectors such as technology and green energy—rather than deploying broad-based rate…
Dollar stabilized and recovered notably in early US trading after an initial selloff, supported by remarks from Fed Governor Christopher Waller. Waller, widely regarded as one of the more dovish voices on the Federal Reserve Board, signaled that the case for holding rates in March has strengthened following robust January employment data. Waller was one…
Created on February 23, 2026 My previous EUR/USD signal last Thursday produced a nicely profitable short trade from the bearish rejection of $1.1805 by an hourly pin bar. Risk 0.75%. Trades may be entered prior to 5pm London time today. Go short following a bearish price action reversal on the H1 timeframe immediately upon the…
Created on February 22, 2026 The EUR/USD exchange rate remained in a narrow range after a series of important events and macro data. It was trading at 1.1780, down from the year-to-date high of 1.2095. Geopolitical Tensions and Macro Data The EUR/USD pair retreated after the Supreme Court ruled against Donald Trump’s tariffs on Friday….
Currency markets opened on Monday with the US dollar under pressure, as traders assessed weekend developments related to US tariff policy. According to Reuters: → On Friday, the Supreme Court ruled that President Trump’s sweeping tariffs exceeded his authority. → In response, the US president criticised the court and introduced a blanket 15% import levy….
AUD/USD is attempting a fresh increase from 0.7015. NZD/USD is consolidating and could aim for a move above 0.6000 in the short term. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar remained supported above 0.7000 and recovered losses against the US Dollar. There was a break above a key declining channel with…
Gold and silver extended their surge into early week trading, propelled by a “perfect storm” of US tariff confusion and escalating Middle East tension. The move defied earlier bearish expectations and marked a clear resumption of the rebound that began in early February. In the near term, Gold’s decisive move back above 5,000 pscyholgoical level…
Key Highlights EUR/USD started a fresh decline from 1.1925 and dipped below 1.1840. A key declining channel is forming with resistance at 1.1815 on the 4-hour chart. GBP/USD is again moving below the 1.3600 support. Gold could aim for a fresh move toward $5,300. EUR/USD Technical Analysis The Euro failed to settle above 1.1900 against…
Weekly Forex Forecast – USD/JPY, AUD/USD, WTI Crude Oil, S&P 500 Index, Bitcoin, Gold WTI Crude Oil tested long-term highs as the outbreak of war looms over the Persian Gulf, while the Japanese Yen gave up some of its gains and precious metals continued their recovery. Fundamental Analysis & Market Sentiment I wrote on the…