Technical Analysis
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GBP/USD rebounds above 1.36 as Israel-Iran conflict deepens, Dollar weakens on risk shift
GBP/USD climbs 0.27% to 1.3600 after dropping to 1.3515 on Friday amid Middle East tensions. Israel-Iran hostilities escalate, keeping markets…
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Trade of The Day – DAX 40
The German index is testing a support level above the 23,200-point zone The market reaction to the escalation of conflict in…
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Chart of The Day – EUR/USD
EURUSD reapproaches key resistance near 1.16 despite speculated options market correction and higher U.S. interest rates. However, the European Central Bank…
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EUR/JPY, Key upside barrier emerges near 166.50
EUR/JPY strengthens to near 166.50 in Monday’s early European session. The positive view of the pair prevails above the key…
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XAU/USD retreats from nearly two-week top; downside seems cushioned ahead of FOMC meeting
Gold price struggles to capitalize on the Asian session uptick to a two-month high. A positive risk tone undermines the…
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GBP/USD Price Treads water above 1.3550, nine-day EMA
GBP/USD may test the 1.3632, the fresh highest since February 2022. The 14-day Relative Strength Index remains above 50, suggesting…
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EUR/USD Ascending channel favors bulls ahead of the key central bank event risk
EUR/USD kicks off the new week on a softer note amid a modest USD uptick. The lack of follow-through selling…
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AUD steadies following mixed economic data from China
The Australian Dollar declines due to risk aversion amid escalating Israel-Iran tensions. China’s Retail Sales climbed 6.4% YoY in May,…
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JPY remains on the back foot ahead of the crucial BoJ policy meeting
The Japanese Yen kicks off the new week on a weaker note, though the downside seems limited. Rising geopolitical tensions…
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Nasdaq 100 Day Trade Setup
Nasdaq futures – NQ or MNQ trade plan for day traders, published at 12:50 AM Tuesday, June 10, 2025 (EDT) Time…
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