Trading Analysis

Buy USDCAD
PENDING

Upward Correction Possible for USDCAD as Key Levels Are Tested

Should the price find support here, a new bullish impulse could begin, potentially targeting the 1.3780 area, where the price has encountered resistance on previous occasions.

Manuel

Buy GBPUSD
PENDING

Bullish Momentum May Continue After Trendline Break

The breakout followed a strong rebound from the 200-period moving average on the 30-minute chart, which held firm at 1.3576.

Manuel

Buy XAUUSD
PENDING

Safe-Haven Demand Ebb Drags Gold Lower, Yet Medium- and Long-Term Upside Intact

Gold slid to $2,427 per ounce on Monday, testing its monthly low, as easing geopolitical tensions and rising optimism over global trade curbed safe-haven flows. Despite the near-term correction, we retain a constructive view on gold’s medium- and longer-term trajectory.

Eva Chen

Sell WTI
PENDING

Crude Oil Faces Downside Risks Amid OPEC+ Hike and Weak Global Demand

WTI crude oil prices edge higher from recent lows but remain significantly below last week's peak, as market expectations for increased OPEC+ supply and slowing global demand weigh on sentiment.

Warren Takunda

Buy USDX
Trading

Policy Interventions and Surging Deficit Weigh on Dollar’s Medium-Term Outlook

The dollar is under pressure amid concerns over Federal Reserve independence and ballooning U.S. fiscal deficits. While a technical rebound has emerged, resistance remains formidable, with analysts projecting further downside.

Eva Chen

Sell XAUUSD
Trading

XAU/USD Retreats on U.S.-China Deal, Ceasefire Eases Haven Demand

Gold prices fell sharply early Monday, dropping to a one-month low near $3,265 as risk appetite improved following a trade pact between the U.S. and China and a ceasefire between Israel and Iran.

Warren Takunda

Sell USDCHF
Trading

Dollar Struggles as Swiss Data Sours and U.S. Debt Risks Rise

The US Dollar remains pressured near 14-year lows, capped below 0.8000 as revived US debt fears and cautious optimism over renewed trade talks weigh on sentiment.

Warren Takunda

Sell EURUSD
LOSS -657 Points

Tariff Stalemate Triggers Short-term Bearish Outlook

With only 10 days remaining until the U.S. deadline for imposing tariffs on the EU, the transatlantic tariff impasse could escalate to a 50% increase. This development is likely to undermine European export confidence and subsequently exert downward pressure on the euro.

Alan

Sell USDJPY
PROFIT +832 Points

A Deeper USDJPY Decline May Be Brewing

This shift from support to resistance suggests that a more extended downtrend could be developing. If selling pressure resumes, a retest of the 143.74 low remains likely.

Manuel

Buy NZDUSD
Trading

Kiwi Soars to 6-Week High as Fed Uncertainty and Risk-On Mood Weigh on Dollar

The New Zealand Dollar extended gains for a fifth straight session on Friday, rallying to 0.6071 against the US Dollar amid broad USD weakness, political interference concerns at the Fed, and improving consumer sentiment in New Zealand.

Warren Takunda

Buy US30
PROFIT +42003 Points

Rate Cut Hopes Fuel Risk Appetite, Bulls Eye New Buying Opportunities

Markets appear convinced of imminent rate cuts, continuing to drive equities higher.

Eva Chen

Sell XAUUSD
PROFIT +1386 Points

Gold Retreats Below $3,300 as U.S.-China Trade Truce Boosts Risk Appetite Ahead of Core PCE Data

Gold extended its decline on Friday, sliding below the $3,300 mark, as reports of a trade breakthrough between the U.S. and China lifted risk sentiment and drained demand for safe-haven assets.

Warren Takunda

Buy GBPCAD
Trading

Policy Divergence and Technical Breakthroughs Converge, Targeting the 1.93 Level

The UK economy's marginal improvement, coupled with weakening growth momentum in Canada, may lead to further strengthening of the GBPCAD.

Alan

Buy USDCAD
PROFIT +455 Points

An Upside Correction May Develop From Local Support

The 200-period moving average is located near a key local resistance zone, which could trigger an acceleration in bullish momentum towards this area as part of a correction.

Manuel

Buy EURJPY
PROFIT +739 Points

Euro-Yen Bulls Eye 171.00 as Risk Sentiment Lifts Euro but Overbought Signals Flash Caution

EUR/JPY holds steady near 169.00 as bullish sentiment in the Eurozone offsets the safe-haven appeal of the Japanese Yen.

Warren Takunda

Sell EURAUD
Trading

EURAUD Faces Key Test as Bearish Pressure Builds

This pullback may be the early stage of a more pronounced correction, with the lower boundary of the channel near 1.7805 acting as the first major support.

Manuel

Sell USDJPY
PENDING

Inflation Permeates Rental Sector, BoJ Normalization Path Begins to Emerge

Tokyo apartment rents are rising at the fastest pace in three decades, providing the Bank of Japan (BoJ) with the latest signal that the inflation trend in Japan is deepening across the economic domain.

Eva Chen

Buy GBPUSD
Trading

Pound Sterling Soars to Multi-Month Highs as Dollar Slips on Powell Succession Rumors and Weak US GDP

The British Pound surged to a nearly four-year high against the US Dollar as uncertainty swirled over Federal Reserve leadership.

Warren Takunda

Sell USDCAD
Trading

USD/CAD Slides Toward 1.3450 as Trump Targets Fed, Stagflation Fears Rise

The U.S. Dollar tumbled Thursday as political pressure on the Federal Reserve and rising fears of stagflation sparked broad selling.

Warren Takunda

Sell XAUUSD
PROFIT +5620 Points

Test of Bullish Resilience Can't Mask June's Bearish Curse

Following sharp declines on Monday and Tuesday, gold prices showed notable resilience mid-week. While investor sentiment shifted from geopolitical tensions to Federal Reserve monetary policy expectations, gold prices managed to hold steady.

Eva Chen

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