Bitcoin, Ethereum, and XRP Recover as Selling Pressure Weakens
Friday brought a bit of relief to Bitcoin and Ethereum, alongside Ripple, as the downward slide seemed to ease up. Because the prices got stabilized above the key support levels, it certainly helped traders gain confidence after seeing huge volatility recently Bitcoin climbed following a dip to $106,453—a key point based on Fibonacci calculations. Earlier, […]
Nasdaq Futures (NQ) Targets New High as Wave (5) Rally Continues
The Nasdaq futures are rising and appear to be about to complete the pattern that began on April 7, 2025. According to ElliottWave-Forecast.com experts, a record peak is imminent due to the hourly charts’ evident momentum. After wave (3) peaked at 25,275, Wave 4, because of sideways correction with a flat shape, went to to […]
WTI Elevates to Two-Week High Above $60 as US Sanctions Russian Oil Companies
West Texas Intermediate (WTI) oil prices, in particular, have surged to about $60.10 by Thursday morning in Asia, the highest level in nearly fourteen days. This boost followed fresh US penalties against key Russian oil firms, which led many to believe worldwide oil supplies would shrink. Reuters reported that the Trump team sanctioned Lukoil and […]
Silver Prices Rise Above $48.50 as Traders Turn to Safe-Haven Assets
Thursday saw a little lift in silver costs (XAG/USD), bouncing back from a two-day slide to hover around $48.70 an ounce during Asian business hours. Investors became more hesitant as the data on US inflation for September is going to be released tomorrow on Friday. Consequently, demand for silver—often seen as a secure investment—rose alongside […]
How to Trade Gold Online in International Markets
Are you wondering why everyone is turning to gold and why you should follow suit? And are you considering trading gold online? Let’s analyze this. Gold has always been a symbol of wealth and stability. In uncertain times—rising inflation, volatile stock markets, or global conflicts—investors across the world look for safety, and they find it […]
Gold Slips as Traders Take Profits; Focus Shifts to US Inflation Data
Gold prices fell slightly on Wednesday, trading below $4,100 in the Asian session. The drop came after a strong nine-week rally, as traders booked profits following record highs. Despite the recent correction, many analysts believe gold’s long-term outlook remains positive. The easing tension between the United States and China also reduced demand for safe-haven assets […]
Wall Street Jumps as Strong Earnings Boost Investor Confidence
Monday saw a robust surge in US stocks—investor spirits were buoyed by impressive company profits, so they readily embraced riskier investments. Specifically, the Dow jumped 515.97 points, reaching 46,706.58, a gain of 1.12%. Meanwhile, the S&P 500 rose 71.12 points (1.07%), hitting 6,735.13; additionally, the Nasdaq increased by 310.57 points—that’s a 1.37% climb to 22,990.54. […]
EUR/CAD Gains Slightly Before Canada’s CPI Data
Tuesday saw a small lift for the EUR/CAD, hovering near 1.6345–1.6350 while everyone watched for Canada’s CPI numbers. Trading remained calm; neither the Euro nor the Canadian dollar strongly responded to what’s been happening economically. The Canadian dollar lost some ground because surveys from the Bank of Canada aligned with predictions of further cuts to […]
Gold Steadies as Markets Weigh Trade Uncertainty and Fed’s Next Move
Gold isn’t budging much these days, resting up following last Friday’s decrease from peaks. It still has appeal because it appears to be waiting for the market to move in the direction that global trade tensions, discussions of lower interest rates, and political unrest are likely to take. Gold and other market traders are once […]
Australian Dollar Strengthens as China’s Economy Grows on a Year-on-Year Basis
Because China’s economy has expanded over the last year, the Australian Dollar rose in value. It climbed versus the US dollar on Monday, extending a two-day winning streak. Steady Chinese interest rates further bolster the Aussie’s standing against the greenback. China’s central bank kept key interest rates steady—3% for one year, 3.5% for five. Because […]
GBP/JPY Rises Ahead of Important UK Economic Data
Thursday saw GBP/JPY climb, rising past 202.50 after an initial dip in Asia that put forex traders in pause mode. They are now waiting for key UK economic data before making their next moves. Given that recent job figures weren’t great, disappointing growth data may nudge the Bank of England toward further rate cuts. Consequently, […]
EUR/USD Strengthens Above 1.1600 as Fed Signals Possible Rate Cuts
The EUR/USD pair climbed to around 1.1620 during Wednesday’s Asian session, as the US Dollar (USD) softened following comments from Federal Reserve Chair Jerome Powell. Powell suggested that the Fed could cut interest rates twice more this year, citing slower hiring as a growing risk to the US economy. These dovish remarks have pushed traders […]
Gold Extends Record Rally as Traders Turn to Safe-Haven Assets
Gold prices (XAU/USD) continued to climb on Wednesday, hitting a new all-time high during the Asian session. The strong rally in gold comes as investors look for safe-haven assets amid growing global uncertainty. Concerns over renewed US-China trade tensions, the ongoing Russia-Ukraine conflict, and the US government shutdown have made gold a preferred choice for […]
Australian Dollar Strengthens as Markets Expect Fed Cuts
The Australian Dollar (AUD) gained ground against the US Dollar (USD) on Wednesday, recovering from earlier losses as traders reacted to key comments from both the Reserve Bank of Australia (RBA) and the US Federal Reserve (Fed). The Aussie drew support after RBA Assistant Governor Sarah Hunter noted that recent data has been stronger than […]
GBP/USD Traders Eye UK Jobs Report for Market Direction
The UK Jobs Report, set to be released on Tuesday at 06:00 GMT, is drawing close attention from forex traders as it could shape the British Pound’s (GBP) next move against the US Dollar (USD). Markets expect the ILO Unemployment Rate t(International Labor Organization) to hold steady at 4.7% for the three months ending in […]
Forex Update: Aussie Dollar Falls Despite Steady RBA Tone
The Australian Dollar (AUD) weakened slightly against the US Dollar (USD) on Tuesday as forex traders reacted to the Reserve Bank of Australia’s (RBA) September meeting minutes. The RBA maintained a cautious tone, noting that interest rates remain somewhat restrictive, though it’s hard to judge exactly how much. The RBA warned of continued economic risks, […]
Japanese Yen Slides Amid Political Unrest and Global Risk Rally
The Japanese Yen is trading lower against the US Dollar as political uncertainty and global risk-taking weigh on the currency. On Monday, the Yen weakened, with the USD/JPY rate rising to 151.87—showing a steady downtrend of about 3% over the past month. Market watchers note that political turmoil in Japan, especially after the Komeito party […]
Gold Price Soars to Record High Above $4,060 Amid US-China Trade Tensions and
Gold prices surged to record highs, climbing around the $4,060 mark in early Asian trading on Monday, as renewed US-China trade tensions and Federal Reserve rate cut expectations boosted investor demand for the safe-haven metal. The continued US government shutdown and global uncertainty further strengthened gold’s appeal among traders and investors seeking stability in a […]