WTI showed some move up after some headlines related to sanctions imposed by the US on Iran.
Potential scenarios to monitor:
• The inability to sustain a move above the $65 level may suggest that bullish momentum remains limited, which could potentially open the door for a revisit of the previous support area near $55.
• A confirmed move and stabilization...
EUR/USD remains supported, largely due to continued USD softness, with the Dollar Index (DXY) currently holding below the 100 mark.
Potential scenarios to monitor include:
• A move towards the 1.148 area, where a pause or pullback could lead to a return toward the 1.12 region.
• A confirmed break and retest of the 1.15 level may suggest increased momentum toward...
Possible scenarios that could takes place on Silver
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The GBP/USD currency pair has recently shown signs of strength, trading above the 1.30 level. This movement appears to be influenced by a weaker US dollar, which may be attributed to ongoing trade tensions and lower-than-expected US inflation data released yesterday. Additionally, UK GDP figures came in above market forecasts, potentially supporting the...
The euro continues to show relative stability, with some market participants attributing this to broader trends such as capital flows away from the US dollar amidst ongoing trade tensions and economic uncertainty surrounding the US.
In terms of price action and general market sentiment, a few technical levels are currently drawing interest:
• The pair remains...
The USD/JPY pair has been trending lower, reflecting recent weakness in the US dollar and renewed strength in the Japanese yen, which is often viewed as a safe-haven asset in times of uncertainty.
In addition, markets appear to be pricing in potential policy divergence between the Bank of Japan (BOJ) and the US Federal Reserve, contributing to recent moves.
It’s...
Following recent tariff-related developments in the US, broad dollar softness contributed to EUR/USD moving above the 1.095 level — a zone that had held since November 2024.
From a technical perspective, a few scenarios may unfold depending on broader market sentiment and price action:
• The pair may approach the 1.12 region, where previous price action showed...
Possible scenarios on Brent amid the ongoing supply worries and sanctions.
Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed...
Gold Market Overview – 31 March 2025
Gold ended last week at historic levels, closing near $3,085 per ounce, amid rising economic uncertainty and renewed tariff-related rhetoric from the U.S. President, particularly concerning the automotive sector.
During late trading hours yesterday, fresh developments regarding trade tensions—along with references to...
Oil Market Update – 28 March 2025
Oil prices continue to move within a volatile range, influenced by competing fundamental factors. On one hand, geopolitical developments — such as potential sanctions on oil-producing nations and newly announced U.S. tariffs on Venezuelan oil — have contributed to recent upward pressure. On the other hand, market participants...
In this video I am sharing the possible scenarios that could take place for the UJ pair.
Keeping in mind that tomorrow we have Tokyo CPI and PCE numbers in the US.
Bitcoin Market Update – 26 March 2025
After reaching an all-time high near $110,000 earlier in 2025, Bitcoin experienced a notable correction and is currently trading around the $88,000 level.
Key Technical Observations:
• The area near $91,300 may act as short-term resistance. If price action struggles to maintain momentum there, we may observe a retest of...
Gold currently trading in consolidation phase, waiting for the next fundamental catalyst to make its move. This week we have the important GDP and PCE numbers which could be it.
Keeping in mind, we are approaching End of month and Quarter, and it's very common to see profit taking move and rebalance of flows.
Silver 21-Mar-2025:
Many investors are wondering why Gold continues to reach new highs, while Silver remains below its 2011 all-time high of around $49.50.
It’s important to understand that Silver is not perceived as a safe-haven asset to the same extent as Gold. During times of uncertainty, capital tends to flow more aggressively into Gold as a hedge. While...
Following a notable sell-off in US indices, the S&P 500 recently tested levels around 5500, marking its lowest point since September 2024.
Key Levels in Focus:
* Recent market activity has seen 5650 as an important level for traders.
* 5500 has previously been an area of increased investor interest.
* The 5680 level has played a role in past price movements,...
Eur/Usd 18-Mar-2025 :
Starting the year, Eur/Usd was expected to reach the parity point of 1/1. This was mainly supported by the US election results and tariffs policy which were expected to give strength to the US dollar against other currency pairs, in addition to the rate-cut expectations of the ECB.
The lowest point for Eur/Usd for this yes was in mid-Jan...
Gold Update – 17 March 2025
Gold recently reached new all-time highs around $3,000 last week, encountering a reaction at this psychological level. Today, the latest Retail Sales data was released, coming in below expectations.
Potential market movements:
• Gold may revisit the previous high of $3,004.
• A move below $2,980 could lead to a test of the $2,955...
Gold 14-Mar-2025:
During this week, Gold moved above the first consolidation area at 2930 following the CPI data release. The next day, price also surpassed previous highs at 2955, reaching a new record at 2993, amid lower inflation data (both CPI & PPI) and ongoing trade-war uncertainties.
As for potential scenarios:
• Gold may trade lower to retest the 2955...
