Asset: U.S. Dollar Index (DXY)Timeframe: Daily📆 Date: April 16, 2025đź’° Current Price: 99.53 Macro + Technical Overview The U.S. Dollar is under significant pressure, now trading below the critical 100 psychological level and hovering around a key support zone (~99.00–99.50) that dates back to mid-2023. Adding weight to the bearish tone is a textbook “death Read More…
Gold prices rallied on Wednesday as global trade tensions increased the appeal of the safe-haven metal. At the same time, a weak dollar made gold cheaper for foreign buyers, increasing demand. Further support for bullion came from an increase in Fed rate cut expectations. Trump first announced reciprocal tariffs on most of the US’s trading Read More…
Introduction At age 49, Shuqing G. from Saugus, USA, made a bold career move, leaving behind a life as a registered nurse to pursue professional trading. Within just nine days of being funded, Shuqing took advantage of the same-day zero-restriction withdrawal policy to make a $12,000 withdrawal! Shuqing is one of many female traders at Read More…
Overview The Euro has shown notable strength since early March, climbing to 1.0976 and extending its breakout above a multi-month consolidation zone. However, this bullish momentum is not a function of Eurozone resilience, but rather a consequence of accelerating weakness in the U.S. Dollar. Let’s take a look at the technicals. Fundamental Backdrop – USD Read More…
Gold prices edged higher on Wednesday after pulling back from a new all-time high hit in the previous session. This week’s rally came amid uncertainty regarding Trump’s tariffs. Gold benefitted from increased demand for safe-haven assets. Gold (Source: Bloomberg) Global trade tensions have escalated since Trump started his tariff campaign. At the same time, the Read More…
Introduction Gold has surged well above $3,100, extending the strong momentum observed in March and confirming the upside breakout scenario highlighted in our previous March 17 analysis. At that time, price was nearing the top of its long-standing ascending channel, trading around $2,997, and we discussed the high-probability continuation toward $3,100 and potentially higher—especially with Read More…
