Market Review

Global markets opened the week with mixed momentum as the US dollar trades in a tight range, gold extends its bullish strength, and Bitcoin shows renewed downside pressure after breaking key support. Here’s a quick overview of the key technical levels and market sentiment shaping USDJPY, XAUUSD, EURUSD, and BTC. Stay informed and trade strategically.
Headway | Před 102 dny

Headway image

USD

The US dollar still remains at an indecisive rate of 97.30 to 100

USDJPY 

USDJPY Continues a slow bullish momentum.

And some signals for bullish momentum is still showing its hand at 154.010 to 154.500 range

XAUUSD

Full Take Profits have been smashed here as the signals for a buys was posted here today.

Gold is still highly full with more bullish strength to reach at least 5,500 soon

EURUSD

EURUSD is neutral-to-bearish. The dollar’s pressure dominates the pair’s behaviour as it is sensitive to the US macro data.

No significant expansion has been made as it is range bound consolidating after making a strong trend down

BTC

Bitcoin breaks the $66435.00 1hr support . Therefore having a breakout to the downside supporting sellers momentum so sellers still get more sell opportunities .

Meanwhile, BTC faces a serious risk of falling toward $60,000, should the bearish momentum increase.

N/B; the trend is still very bearish you will see the candle sticks below the moving averages

Trade now! 👑

 

Headway
Typ: STP, ECN
Regulace: FSCA (South Africa)
read more
Gold Has Reached a Critical Juncture — It Has Broken Down Its 200-Day Moving Average for the Third Time This Year.

Gold Has Reached a Critical Juncture — It Has Broken Down Its 200-Day Moving Average for the Third Time This Year.

Gold has slipped below its MA 200 after the powerful NFP report reinforced the higher-for-longer interest-rate narrative. Prints triggered the sharp USD rally and renewed pressure on XAUUSD. Whilst bulls may still view this area as a long-term support zone, the latest breakdown suggests that bears currently hold the advantage. Will it be a temporary shakeout or the start of a deeper correction?
Headway | Před 23 h 42 min
US Jobs: Resilience or Slowdown?

US Jobs: Resilience or Slowdown?

Focus of the Day: The US will release its May non-farm payrolls (NFP) report tonight, with expectations of 85,000 new jobs, a drop from April’s 115,000. The unemployment rate is projected to stay at 4.3%, and average hourly earnings are expected to rise by 0.3%. This NFP release may influence market direction amid a challenging economic backdrop.
ATFX | Před 1 dnem
EUR/USD: All Eyes on Non-Farm Payrolls

EUR/USD: All Eyes on Non-Farm Payrolls

EUR/USD was trading at 1.1613 on Friday. As the week draws to a close, the US dollar remains on track to post gains, supported by ongoing uncertainty in the Middle East and continued demand for safe-haven assets.
RoboForex | Před 1 dnem