The Forex market has been relatively quiet, calm, and understated lately, with few currencies truly standing out. That said, the Australian Dollar is worth paying attention to. The Australian Dollar carries the highest interest rate of any major currency and has had one the most hawkish central bank in recent months, which has hiked the…
In today’s Market Outlook, let’s take a look at Forex Trading Silver, XAG/USD, EUR/USD, USD/CHF, the NASDAQ, and Gold, XAU/USD. In general, we see a bearish trend lasting 2 months now, but price action is consolidating into a symmetrical pennant. Gold surged to an all-time high on January 29, breaking past $5,500 an ounce, driven…
Gold fell early on Monday, as traders react to the higher interest rates in the bond market. The gold market has fallen pretty significantly during the trading session on Monday as we’ve lost over 2% at one point. And really with that being the case, it’s not a huge surprise to notice that the interest…
Reltrix, a next-generation trading technology and infrastructure company, has announced its official launched with a bold vision to transform how brokers, prop firms, exchanges, and financial institutions build and scale their businesses. Headquartered in Dubai, Reltrix operates with a global structure designed to support clients across major financial hubs. Founded by Walid Ead and led…
The short‑term Elliott Wave outlook for GBPUSD indicates that the rally from the March 31, 2026 low is progressing as a five‑wave impulse. From that date, wave 1 concluded at 1.3658, followed by a corrective pullback in wave 2 that ended at 1.33. The pair then advanced in wave 3, establishing a clear impulsive structure….
Key Highlights GBP/USD started a recovery wave and tested the 1.3520 resistance. A contracting triangle is forming with resistance at 1.3480 on the 4-hour chart. EUR/USD is again moving lower and might decline below 1.1575. Bitcoin seems to be facing an increase in selling pressure and might dive below $70,000. GBP/USD Technical Analysis The British…
Just as investors were becoming comfortable with the idea of a US-Iran agreement, oil markets received a sharp reminder of how fragile that assumption remains. Reports from Iran’s state-affiliated Tasnim news agency indicated that Tehran will suspend negotiations with Washington until Israeli operations in Gaza and Lebanon cease. The report also warned that Iran could…
The USD/ZAR is within the lower elements of it near-term range as it traverses around 16.23400 as of this writing depending on the bids and asks on trading platforms. The USD/ZAR has sustained it lower range early this morning with largely sideways trading results. The currency pair is near the 16.23400 mark with a rather…
Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has just posted its key operating metrics for May 2026. The brokerage reported 4.969 million Daily Average Revenue Trades (DARTs) for May 2026, 47% higher than prior year and 17% higher than prior month. Ending client equity amounted to $937.3 billion, 49% higher than prior year and 8%…
Crypto exchange giant Binance is expanding its offering of non-digital-assets, today launching 24/5 trading of US stocks and ETFs, powered by Alpaca, a leader in brokerage infrastructure APIs offering access to options, stocks, ETFs, fixed income, and crypto. After recently adding Prediction Markets trading and CFDs-like TradFi Perpetual Contracts earlier this year, Binance is strengthening…