Silver (XAG/USD) is showing signs of consolidation early Tuesday, trading just under the critical $37.00 level following an overnight rebound from a multi-day low of around $36.15. The lack of intraday direction during the Asian session highlights the prevailing market indecision, driven by mixed technical indicators and cautious sentiment among traders.  Aurudium brokers take a deep dive into this subject in their most recent analysis. With the white metal hovering around $36.80, nearly unchanged for the day, participants remain hesitant to initiate fresh directional bets without further confirmation. Technical Indicators Show Caution Amid Consolidation The technical backdrop is currently neutral-to-bullish...

The Japanese Yen (JPY) continues to underperform across global foreign exchange markets, notably weakening for the second consecutive session against the US Dollar (USD).  The currency slid to its lowest level in over two weeks during early Asian trading on Tuesday, driven by a convergence of deteriorating trade sentiment, weaker Japanese macroeconomic data, and diminishing expectations for a near-term rate hike by the Bank of Japan (BoJ). The professionals at Aurudium break down this topic step by step in the following article. Trade War Escalation Fuels Yen Depreciation At the forefront of the JPY’s decline is an escalation in global...

The GBP/USD currency pair has continued to exhibit bullish behavior, reinforcing the broader uptrend bias that has been forming over the past few weeks. On Friday, the British pound rallied against the US dollar, albeit during a low-volume session due to the Independence Day holiday in the United States. Aurudium presents a detailed exploration of this issue, courtesy of their experienced brokers. With most American traders away from their desks, the market was primarily driven by Asian and European trading desks, suggesting that price action should be interpreted cautiously. However, despite the holiday-induced liquidity drop, the broader technical landscape remains...

The EUR/USD currency pair has extended its bullish momentum, defying economic gravity even in the face of robust US nonfarm payrolls (NFP) data. The pair surged to a high of 1.1825, a level not seen in years, placing it a staggering 16.17% above its year-to-date low.  The ongoing rally reflects broad-based euro strength and US dollar weakness, pushing the USD Index (DXY) to its lowest point since 2022. In this article, the experts at Aurudium unpack the complexities of the topic clearly and thoroughly. Dollar Sinks Despite Strong Jobs Data The rally in EUR/USD was particularly notable last week as...

The BTC/USD pair remained resilient on Monday, trading at $109,000, slightly below its all-time high (ATH) of $111,900. This consolidation comes after an impressive 11.25% rebound from the June lows, highlighting growing bullish momentum.  From both fundamental and technical perspectives, the setup appears poised for a breakout, potentially pushing Bitcoin prices beyond previous records in the coming weeks. Aurudium’s team offers an in-depth look at the subject in this informative piece. Fundamental Tailwinds: Institutional Inflows & Macro Backdrop A key driver behind Bitcoin’s current uptrend is the sustained institutional demand via Bitcoin Exchange-Traded Funds (ETFs). Last week alone, these ETFs...