Category: Markets

The gold price (XAU/USD) surged above $3,400 per ounce, reaching as high as $3,425 during the Asian trading session on Friday. The yellow metal rose 1.15% on the day, marking its second consecutive daily gain, as geopolitical tensions in the Middle East and increasing expectations of Federal Reserve (Fed) rate cuts continue to bolster demand...

The Japanese Yen (JPY), a traditional safe-haven currency, gave up earlier intraday gains on Friday during the Asian session, retreating sharply from a one-week high against a broadly recovering US Dollar (USD).  Despite this retreat, the bullish bias surrounding the Yen remains intact as geopolitical tensions, trade policy uncertainty, and divergent central bank expectations continue...

The EUR/USD exchange rate surged to a fresh multi-week high, propelled by unexpectedly soft US inflation data that renewed optimism among euro bulls. On the back of subdued consumer price index (CPI) figures, the pair rallied to an intraday peak of 1.1495, just shy of the year-to-date high of 1.1573.  This development marks a continuation...

The GBP/USD exchange rate maintained a firm footing in recent sessions, even as global financial markets reacted to softer-than-expected U.S. inflation data. The pair rose to a high of 1.3555, slightly below the year-to-date peak of 1.3616, highlighting persistent bullish sentiment in the face of shifting macroeconomic fundamentals.  However, technical indicators now signal potential bearish...

Bitcoin (BTC) is once again capturing the spotlight in the financial markets as the BTC/USD pair hovers near a significant resistance level, showing signs of a potential bullish breakout. After weeks of tight consolidation, the cryptocurrency appears ready for a renewed uptrend, fueled by macroeconomic stability, strong spot ETF inflows, and favorable technical indicators. This...

The AUD/USD forex pair remains in a consolidation phase, with traders awaiting clearer direction from upcoming macroeconomic catalysts. Hovering at the critical psychological level of 0.6500, the pair’s trajectory could shift significantly depending on incoming inflation data and global economic sentiment.  Notably, a golden cross pattern is taking shape, potentially signaling a bullish breakout, yet...

The USD/MXN currency pair surged past the key 19.00 psychological barrier in Friday’s early European trading session, reaching levels near 19.05, marking a 0.98% gain on the day.  The advance in the pair is largely driven by escalating geopolitical tensions in the Middle East, primarily between Israel and Iran, which have triggered a renewed wave...

Bitcoin (BTC), the world’s leading cryptocurrency by market capitalization, continues to face significant resistance near the $110,000 level, a price zone that has emerged as a critical psychological ceiling.  The recent trading behavior suggests that BTC is now attempting to establish a new consolidation range following a meteoric rally. This price action could indicate a...

In the ever-evolving world of cryptocurrencies, Ethereum (ETH) and Ripple (XRP) remain two of the most closely-watched tokens, especially during periods of market volatility. Over the past seven days, both have stayed in positive territory, demonstrating resilience even as the broader market undergoes periodic pullbacks.  Fimatron’s professionals bring clarity to this subject through well-researched commentary...

In a volatile week for Solana-based meme coins, the spotlight has turned toward Fartcoin (FARTCOIN) as it attempts to consolidate near critical support. After surging above the $1.2 level, Fartcoin encountered heavy selling pressure once it approached $1.50, triggering a short-term correction.  As the broader meme coin ecosystem faces a pullback, questions are being raised...