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EUR/USD remains above 1.0400 in European trading on Monday, supported by Europe’s renewed peace efforts in Ukraine and positive Chinese PMI data, which bolster risk sentiment. This situation puts pressure on the US Dollar as the pair awaits EU inflation data.

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GBP/USD is holding minor support near 1.2600 during the European session on Monday, boosted by a retreat in the US Dollar amid improved risk appetite and a possible truce in Ukraine. However, gains are limited by upcoming US tariffs and geopolitical concerns.

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BUY: 2832-34, SL 2828, TP 2850 SELL: 2890-92, SL 2896, TP 2835 Pivot at 2888 blocks, R1 2909 adds pressure. No recovery to 2941 this Friday. Thoughts?

xauusd_rr Updated 

📈 BUY_GOLD: 2933/2935 Stoploss: 2930 / Target: 2955 📉 SELL_GOLD: 2957/2959 Stoploss: 2962 / Target: 2947 Analysis: Gold has found support at the 50-4H SMA (2920) multiple times and needs a sustained move above the 21-4H SMA (2935) to extend its rally. The RSI, near 60, suggests further upside potential. A decisive break above 2935 could lead to a retest of the...

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Furthermore, any significant retracement could find immediate support near the 149.50 level, which is followed closely by the 149.00 round number. A break below the latter might expose the USD/JPY pair to a retest of the 148.50 region, a level seen as the next strong support. Sustained weakness below this area could pave the way for a deeper corrective decline,...

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The GBP/JPY pair climbs to around 190.70 during the early European trading hours on Friday. The British Pound (GBP) gains strength against the Japanese Yen (JPY) following the release of the UK's January Retail Sales data. The Office for National Statistics reported on Friday that UK Retail Sales rose by 1.7% month-on-month in January, compared to a decline of...

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The Relative Strength Index (RSI) indicator on the 4-hour chart pulls back towards 60 after slightly exceeding 70 on Thursday, indicating that the bullish bias remains strong following a technical correction. GBP/USD encounters a pivot level at 1.2650 (Fibonacci 78.6% retracement of the latest uptrend). If the pair can sustain above this level and establish it as...

xauusd_rr Updated 

EUR/USD holds steady above 1.0450 in the European trading hours on Thursday. Broad US Dollar underperformance supports the pair. However, tariff threats from US President Donald Trump and geopolitical tension might cap its upside. US data and Fedspeak remains in focus. EUR/USD Technical Overview Technically, the bullish outlook of EUR/USD remains intact as...

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GBP/USD holds ground around 1.2600 in the European session on Thursday. The pair is helped by a modest US Dollar downtick but broad risk-off mood due to renewed tariff threats from US President Donald Trump could limit the risk sensitive Pound Sterling. GBP/USD Technical Overview The Relative Strength Index (RSI) indicator on the 4-hour chart declines toward...

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Gold price retains its bullish bias amid worries about Trump’s tariffs and a global trade war. Sliding US bond yields weigh on the USD and lend additional support to the precious metal. The Fed’s hawkish outlook could cap the XAU/USD pair amid slightly overbought conditions. XAU/USD Technical Overview The short-term technical outlook for Gold price remains...

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Update for you guys from Wyckoff's perspective in Elliott wave, the price has reached 2946 as updated for you guys yesterday. Currently TPO is still in an uptrend, but when reading through the Elliott wave structure, UTAD is predicted at 2946, because when this level is reached, the new ATH price is also 5 psychological waves formed, so the possibility of "TRAP"...

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The EUR/USD pair posts modest gains to around 1.0450 during the Asian trading hours on Wednesday, bolstered by the weakening of the US Dollar. However, tariff concerns and tense Russia-Ukraine negotiations might boost the Greenback and cap the upside for the major pair.

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Technical analysis: The price line is still showing a continued uptrend, important levels are broken and ready for a new ETH GOLD peak! 2 important price zones in the current uptrend are 2934, 2942. Gold investors all see that gold has a strong upward trend, reaching 2940 USD/oz from October 2023 to present, surpassing the resistance of 2000 USD, showing...