R_Bernard

R_Bernard

Dear friends! The EURUSD pair weakened near 1.0425 in late US trading on Wednesday. Concerns about tariffs from US President Donald Trump and geopolitical tensions provided some support for the US Dollar. On the chart, EURUSD has been under pressure and is trading around the key support zone at 1.0400. Technically, a breakout would result in a bearish bias,...

R_Bernard Updated 

Today, GBPUSD continues its upward momentum, trading around 1.2612, as the U.S. dollar (USD) struggles amid declining Treasury yields. This comes despite persistent caution regarding the Federal Reserve's monetary policy outlook, with the focus now shifting to the FOMC meeting minutes, set to be released later in the North American session. However, on Tuesday,...

R_Bernard

Gold prices today continue to hover around $2,936 per ounce, showing little movement compared to the previous session. Currently, the precious metal remains within the range of the Bollinger Bands, with no clear directional trend established. However, safe-haven demand continues to support gold as investors grow increasingly concerned about economic growth...

R_Bernard Updated 

Spot gold continues its upward momentum for the third consecutive day, currently trading around $2,939 per ounce, marking a strong gain of $44 or 1.49% in the past 24 hours. The primary drivers behind this surge include uncertainty surrounding U.S. tariff policies and strong central bank purchases. Meanwhile, market participants are closely watching the Federal...

R_Bernard Updated 

The EURUSD uptrend appears to have encountered significant resistance above the 1.0500 level so far on Monday, facing mild selling pressure alongside the indecisive price action of the US Dollar (USD). The pair’s stable price movement has been accompanied by low volatility and subdued trading conditions, with German 10-year bond yields climbing to a new monthly...

R_Bernard

The EURUSD pair is currently undergoing a retracement phase while still maintaining its uptrend on the H4 timeframe. At the moment, the price is testing a key support level at 1.0450, a critical point that could determine the next move. If this level holds, the pair could resume its upward momentum, targeting higher levels. Conversely, a break below this support...

R_Bernard Updated 

Gold prices today continue to hover around the $2,900 mark, showing little volatility compared to the previous trading session. The precious metal remains within the active zone of the Bollinger Bands, lacking a clear directional trend. That said, market FOMO and strong gold demand from Asia are helping to keep prices stable. However, ongoing geopolitical...

R_Bernard Updated 

EUR/USD is struggling to capitalize on the strong rally since February 11 and is currently trading in a narrow range below the psychological level of 1.0500 in early Monday trading, with little change since the start of the session. Looking ahead, the next upside hurdle for EURUSD is 1.0500. Breaking above this level would be bullish while holding below it would...

R_Bernard

Hello everyone! GBP/USD maintained a range near 1.2600 during the early European session on Monday. The pair remained supported amid a decline in the US dollar following disappointing US Retail Sales data on Friday. Moreover, from the chart analysis, the uptrend channel is working well and there are no signs of a reversal from the EMAs, so there is still room...