Gold continues its stellar performance this week, shining brightly in global markets as the US Dollar weakens, trade tensions intensify, and safe-haven demand surges. The precious metal, often considered a hedge against geopolitical and macroeconomic risk, is poised to finish the week with gains exceeding 1.5%. XAU/USD is currently trading at $3,333, up 0.26% on...
NZD/USD risks further downside as Kiwi tests critical support at 0.6050
The NZD/USD currency pair is showing signs of vulnerability as the New Zealand Dollar (NZD) weakens against the US Dollar (USD). Currently hovering near the 0.6050 psychological support level, the pair is facing increased bearish pressure as key technical structures on both the 4-hour and daily charts suggest a potential downside breakout. Market sentiment remains...
USD/JPY Price Forecast: Eyes Breakout as Triangle Narrows, But Lacks Momentum
The USD/JPY currency pair is trading near 144.50 on Friday amid thin liquidity conditions, as U.S. markets remain closed in observance of Independence Day. Price action is confined within a tightening range, reflecting market indecision and caution, with technical signals suggesting an impending breakout, though the pair currently lacks directional momentum. You’ll find a clear...
Silver Price Forecast: XAG/USD advance stalls near $37.00 as holiday lull masks bullish setup
The silver (XAG/USD) market has entered a consolidation phase, pausing just beneath the psychologically and technically significant $37.00 level. Despite the sideways price action, market structure and momentum indicators continue to support an upward trajectory in silver prices. Servelius professionals outline the key points of this topic in the following article. Double-Bottom Formation Signals Strength...
USD/CAD Forex Signal: Dollar Bounces Near 1.35 Support After Hot JOLTS Data
The USD/CAD currency pair made a notable intraday reversal on Tuesday as the US dollar, initially weakening, surged back above the crucial 1.35 support level following stronger-than-expected JOLTS job openings data. This sudden shift in market sentiment highlights the persistent tug-of-war between fundamental economic data and monetary policy expectations. For forex traders, the USD/CAD pair...
GBP/USD Forex Signal: Bulls Rebound From $1.3561
The GBP/USD currency pair has displayed significant technical shifts over the past few weeks, culminating in a notable bullish rebound from the $1.3561 support level. This price action presents a mix of bullish and bearish signals, making the pair an attractive instrument for scalpers and short-term traders alike. In this article, Servelius brokers expertly dissect...
EUR/USD Forex Signal: Euro Gets Overbought Ahead of NFP Data
The EUR/USD currency pair has experienced a sharp and sustained rally in recent weeks, surging to levels not seen since 2021. This week, the pair reached an intraday high of 1.1825, marking a 16% increase from its 2025 low and a staggering 23.6% rise from the lows of 2022. This explosive momentum is tied directly...
BTC/USD Forex Signal: Bitcoin Targets $115,000 After Breaking Out
Bitcoin’s Bullish Breakout Signals Strong Momentum The BTC/USD pair has confirmed a strong bullish breakout after consolidating for several sessions in a tight range. Bitcoin surged to a monthly high of $110,000, marking an 11% rally from its recent lows and potentially setting the stage for a retest of its all-time highs. This price action...
AUD/USD Forex Signal: Extremely Bullish Above 0.6590
AUD/USD Forex Signal: Extremely Bullish Above 0.6590 The AUD/USD currency pair has shown a notable degree of resilience in the forex market, maintaining a tight trading range as traders and investors brace for pivotal macroeconomic data from the United States. The pair hovered around 0.6580, just a few pips below the weekly high of 0.6591,...
The Crypto Market Continues to Rise, Stumbling Along the Way
The cryptocurrency market continues its upward trajectory, albeit with increasing signs of exhaustion and short-term hesitation. Over the past week, crypto market capitalisation maintained a respectable 1.8% growth, despite a mild 0.6% decline in the last 24 hours, leaving the total market cap at $3.35 trillion. This intraday softness underscores the persistent buyer indecision at...