Expectations of peace in the Middle East are leading to a sell-off in the US dollar. Gold is the main beneficiary of the conflict’s resolution. And the last shall be first. EURUSD bulls have launched a counterattack following Donald Trump’s announcement that the conflict in the Middle East would be resolved within 2–3 weeks. The…
Gold (XAU/USD) prices have broken above the key $4,600/oz psychological barrier. Middle East tensions are escalating as diplomacy stalls and the US continues a military buildup, fueling market uncertainty. The rare negative correlation between Crude and Gold appears to be shifting, with rising Oil prices potentially benefiting Gold by compressing real interest rates and bringing…
Gold Price’s break above the 4,600 level this week has reignited bullish momentum, but the move raises a deeper question — is this a genuine reversal or a temporary bounce? After a sharp Q1 correction, Q2 is now shaping up as the decisive battleground that will determine whether Gold is reversing higher or merely recovering…
Japan’s PMI Manufacturing was finalized at 51.6 in March, down from February’s 45-month high of 53.0, signaling moderation in growth momentum. Even so, the reading still marked the second-strongest performance since July 2022, with Q1 overall delivering the best quarterly showing since Q2 2022. S&P Global Market Intelligence’s Annabel Fiddes noted that the slowdown coincided…
Key Highlights Bitcoin started a recovery wave above $66,500 and $67,000. A bearish trend line is forming with resistance at $68,500 on the 4-hour chart of BTC/USD. Ethereum also climbed over 4% and surpassed $2,050. Gold is grinding higher toward the $4,760 resistance. Bitcoin Price Technical Analysis Bitcoin price remained supported above $65,000 against the…
Markets rarely reward consensus in the way most participants expect. Right now, a large portion of traders are anticipating a pullback. But anticipation alone does not translate into execution. In reality, most participants will enter too early, hesitate when the opportunity appears, or miss the move entirely. This is not randomness—it is the result of…
Q2 does not look like a straightforward directional quarter for forex. The market keeps trying to price de-escalation, but oil, inflation and policy expectations are still tied to an unstable geopolitical backdrop. That leaves the quarter feeling reactive rather than settled. The better opportunities are not broad one-way trades, but relative-value trades where policy, growth…
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GBP/JPY edged higher last week but failed to break through 213.28 resistance and retreated. Initial bias stays neutral this week first. On the upside, firm break of 213.28 will resume the rise from 207.20 to retest 214.98 high. However, break of 210.77 will bring deeper fall back to 209.15 support and below. In the bigger…
AUD/USD’s extended decline last week should confirm medium term topping at 0.7187. Initial bias remains on the downside this week for 38.2% retracement of 0.5913 to 0.7187 at 0.6700. On the upside, above 0.6956 minor resistance will turn intraday bias neutral first. But risk will stay on the downside as long as 0.7187 resistance holds,…