USD/JPY Price Outlook: Stabilizes around 147.30 with steady RSI
USD/JPY is experiencing a second day of consolidation, with the RSI around 147.36, indicating a lack of clear momentum. Bulls are aiming for a breakout above 147.50, targeting 148.00 and the 200-day SMA at 148.69 for possible further gains. However, if the support at 147.00 fails, there could be a decline towards the 100-day SMA […]
GBP/USD Outlook for 10/09: Faces Challenges at Resistance (Video)
Created on September 10th, 2025 The British pound made an attempt to rise during Tuesday’s trading but faced challenges around the 1.36 mark. This level was previously significant resistance and has shown its influence again after the recent surge. The US remains the top player on the global stage It feels a bit odd to […]
GBP/USD Price Outlook: Key resistance level appears around 1.3600, traders look ahead to US PPI announcement
GBP/USD is expected to rise to around 1.3540 during the early European session on Wednesday. The optimistic outlook for the pair is evident beyond the 100-day EMA, reinforced by bullish RSI indicators. Immediate resistance levels seem to be in the 1.3585-1.3600 range, while the first support to monitor is at 1.3496. The GBP/USD pair is […]
Weekly Currency Outlook – September 7th to 12th (Charts)
I noted on the 31st that the best deals for the week include: The S&P 500 long index displays that each day in New York exceeds 6,515, which was unexpected. For cautious traders, it’s over $3,500 for a long or daily in New York. Gold increased by 4.10% for the week. Similarly, for careful traders, […]
EUR/USD Weekly Outlook 07/09: Approaching Support (Chart)
Market Update on EUR/USD Created on September 7th, 2025 The EUR/USD pair experienced another turbulent sentiment shift following negative US non-farm employment figures. On Friday, it peaked at nearly 1.17600 before settling around 1.17155 as the weekend approached. Despite the disappointing employment data, financial institutions appear to be cautiously optimistic, navigating inflation fears that loom […]
GBP/USD Outlook for Today 05/09: Remains Stable (Chart)
Created on September 5th, 2025 On Thursday, the UK pound fluctuated during trading, as traders awaited a non-foreign salary announcement set for Friday. The US dollar’s performance is crucial for traders, influencing market direction significantly. Recently, the British pound has not performed particularly well against the US dollar, though it seems to have maintained a […]
Silver Outlook: Target for Silver Analysis Set at $41.27+ as Traders Prepare for NFP
Recent data indicates a significant increase in the number of people seeking remote work opportunities. As many companies shift towards flexible work arrangements, employees are increasingly valuing work-life balance and the ability to work from anywhere. Interestingly, studies suggest that productivity may be higher in remote environments, which has prompted businesses to reconsider traditional office […]
Gold Price Outlook: XAU/USD stabilizes near $3,550 as August US NFP data approaches
Gold prices hover around $3,550 as investors wait for significant US NFP data for August. The US dollar is trading lower ahead of critical labor market indicators. Economists are anticipating the addition of 750,000 jobs in the US for August. During the European trading session on Friday, gold prices (XAU/USD) are expected to fluctuate around […]
Possible rise of Ether to $5.5K linked to limited supply and positive ETH futures outlook
Market Insights on Ether Supply and Futures Key Points: More than 70% of the ether supply is currently staked, contributing to a generally optimistic outlook. In August, an ether whale acquired over 411,000 ETH. Open interest for Binance ETH futures stands at over $8.4 billion, despite a recent drop to around $4,300. In August, the […]
Rockets Confirm Positive Earnings as Outlook Suggests Improvement Boosts Optimism
Affirm Reports Strong Q4 Earnings Affirm (AFRM) made quite an impression on Wall Street during the fourth quarter. The company saw its revenues climb 33% to $876 million, exceeding analysts’ expectations of $837 million. In a significant turnaround, Affirm reported a profit of 20 cents per share, compared to a loss of 14 cents per […]