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Gold Pulls Back to Ease Overbought Conditions While Bullish Trend Remains Intact Pinned
Gold Pulls Back to Ease Overbought Conditions While Bullish Trend Remains Intact
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Gold is experiencing a healthy pullback after its recent rally as traders take profits and momentum indicators cool. Despite the correction, the broader technical outlook remains bullish.
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Gold Rebounds but Faces Key Resistance Ahead Pinned
Gold Rebounds but Faces Key Resistance Ahead
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Gold has recovered as investors return to the market, but a major breakout still requires stronger momentum and broader buying support.
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Bitcoin Holds Near $66,300 as Chip Rally Continues and Yen Hits 40-Year Low Pinned
Bitcoin Holds Near $66,300 as Chip Rally Continues and Yen Hits 40-Year Low
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Bitcoin remains stable near $66,300 as semiconductor stocks continue their rally and the Japanese yen falls to its weakest level in four decades, supporting broader macro-driven market momentum.
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USDJPY Breaks Above 162.80 Target as Bullish Momentum Continues Pinned
USDJPY Breaks Above 162.80 Target as Bullish Momentum Continues
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USDJPY extends its bullish momentum after breaking the 162.80 resistance level, supported by positive technical signals and continued buying pressure above EMA50.
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UK CPI Misses Expectations as GBP/USD Remains Vulnerable to Further Declines Pinned
UK CPI Misses Expectations as GBP/USD Remains Vulnerable to Further Declines
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The UK's inflation rate came in below expectations, but GBP/USD showed only a limited reaction. Technical analysis suggests the pair may still have room for further downside within an ongoing ABC corr...
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Why I'm Still Bullish on XAU/USD: Trust the Structure, Not the Timeline Pinned
Why I'm Still Bullish on XAU/USD: Trust the Structure, Not the Timeline
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Despite a slower-than-expected recovery, the bullish outlook for XAU/USD remains intact. Elliott Wave structure, strong support, and disciplined technical analysis continue to favor further upside.
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