Technical Analysis

Trade tariffs and falling imports weigh on stocks The US stock market closed in negative territory amid investor concerns about the impact of trade tariffs on corporate earnings, including Yum Brands. The trade deficit narrowed, mainly due to a decline in consumer goods imports. Additional pressure came from expectations of stricter trade policy in the

The wave pattern for GBP/USD continues to indicate the formation of an upward impulse wave pattern. The wave configuration closely resembles that of EUR/USD, as the dollar remains the key factor across the board. Demand for the dollar is decreasing in the medium term across the market, leading to similar dynamics in various instruments. Currently,

The USDCAD moved lower following weaker-than-expected U.S. jobs data, which included significant downward revisions to prior months. This halted the recent rally, which had been fueled by the U.S. announcement of a 35% tariff on Canadian imports, a move that had weighed on the CAD. Before the jobs release, the pair had traded to its

Gold Futures Technical Analysis and Price Prediction with tradeCompass (July 30, 2025) At the time of this analysis, gold futures (December 2025 contract) are trading at $3,384.6, showing a 1.89% gain versus yesterday’s close. However, this gain is driven largely by the contract rollover from August to December, a scheduled shift that can create pricing

We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of financial information as well as online forecasts of exchange rates of the US dollar, euro, ruble, bitcoin, and other currencies for today, tomorrow and this trading week. Useful links: My other articles are

Crude oil futures settled at $65.16, down $0.87 on the day. Earlier this week, the price briefly broke below the falling 100-day moving average (blue line on the chart), but each time, downside momentum faded and daily closes returned above that level—indicating a lack of sustained bearish conviction. Heading into the new trading week, sellers

On the hourly chart, the GBP/USD pair on Thursday rebounded from the 50.0% retracement level at 1.3579, reversed in favor of the U.S. dollar, and consolidated below the 61.8% Fibonacci level at 1.3530. Therefore, the decline may continue today toward the next retracement level at 76.4% – 1.3470. A rebound from this level would favor

On Friday, the EUR/USD pair continued its upward movement following two rebounds from the 100.0% Fibonacci retracement level at 1.1574. Consolidation above the 1.1645 level didn’t lead to significant changes, but I believe this level may still serve traders well. A close above this mark today would support the euro and further growth toward the

Gold Futures Analysis for Today with tradeCompass (July 21, 2025) At the time of this gold technical analysis, GC futures are trading at $3,373.5. Today’s intraday range spans from $3,351 to $3,378.3, while the broader 50-week high sits at $3,509.9. Although gold has surged roughly 37% in the past 12 months, its momentum has recently

As of yesterday, US stock indices closed higher. The S&P 500 rose by 0.32%, while the Nasdaq 100 added 0.25%. The industrial Dow Jones strengthened by 0.53%. The dollar also regained part of Wednesday’s losses, while US Treasuries declined following a volatile session triggered by speculation over the future of Federal Reserve Chair Jerome Powell.

. Since April, AUDUSD has seen its fair share of volatility. The overall bias had tilted higher, with Friday’s surge marking the highest level since November. But the script flipped fast. Tuesday’s sharp drop saw price action tumble to the 38.2% retracement from the June rally. After a bounce in Asia, the early U.S. session

Crude oil futures settled at $68.45, up $1.88 or 2.82% on the day. For the week, prices gained $2.13, marking a 3.2% increase. These gains come despite an unexpected rise in OPEC+ production of 548K barrels heading into the week. However, some support emerged midweek when OPEC+ floated the idea of pausing upcoming output hikes,

Earlier, U.S. President Donald Trump imposed 25% tariffs on all Japanese exports to the United States, which will take effect on August 1. This move exacerbates Japan’s economic challenges, which, coupled with declining real wages and signs of weakening inflation, will likely force the Bank of Japan to abandon plans to raise interest rates this

On Wednesday, the Japanese yen extended its decline for the third consecutive day, pushing the USD/JPY pair to a new two-week high above the key 147.00 level during the Asian session. The pressure on the yen is driven by concerns over the economic consequences of the 25% tariffs announced by U.S. President Donald Trump, now

The price of crude oil is settling up $0.93 or 1.39% at $67.93. That comes despite a large and expected production boost announced by OPEC+ over the weekend. The high price today reached $68.28. That was the highest level since June 23. Members of OPEC+ expected to increase by 411,000 barrels per day as it

Trade Review and Recommendations for the Japanese Yen The test of the 144.27 level occurred when the MACD indicator had already moved far below the zero mark, which limited the pair’s downward potential. For this reason, I did not sell the dollar. A second test of 144.27 provided an entry point for implementing Buy Scenario

Fundamental Overview Gold has been on a steady rise since bouncing on a major trendline and the market increasing the easing bets for the Fed. The momentum waned a bit though as market participants await the NFP release before the US holiday tomorrow. In the bigger picture, gold remains in an uptrend as real yields

On Monday, the EUR/USD pair rebounded from the 127.2% Fibonacci retracement level at 1.1712 and rose toward the next level at 1.1802. A rebound from this level would favor the US dollar and lead to a slight decline toward 1.1712. A breakout and close above 1.1802 would support further growth toward the next Fibonacci level