Octavia

Gold Gold resistance at 3350/55 again today & shorts need stops above 3365. (Unfortunately we made a high for the day yesterday at 3348.36). A break above 3365/70 is a buy signal targeting 3385/87 & 3395/99, perhaps as far as 3405/08. Holding below 3310 risks a retest of 3263/59. I can't fin

Silver attracts some intraday sellers and turns lower for the second straight day. The setup seems tilted in favor of bears and supports prospects for further losses.A sustained strength beyond the $33.70 hurdle would negate the negative bias. Silver (XAG/USD) struggles to capitalize on a modest Asi

Asian markets are revving up, ready to catch the tailwind from Wall Street’s melt-up. Futures are flashing green across Japan and Hong Kong after the S&P 500 ripped 2% higher in a squeeze that felt equal parts earnings fuel and macro repricing. Alphabet’s earnings blew the doors off, the Fed is

The analyst will conduct a comprehensive analysis of the EUR/USD currency pair from approximately June 2024 to April 2025, utilizing charts and the provided indicators alongside key macroeconomic factors and relevant numerical data, such as inflation rates, interest rate decisions, GDP growth figure

On the radar March retail sales in Poland arrived at -0.3% y/y. Today, unemployment data will be released in Poland. There are no other releases scheduled. Economic developments Earlier this week, Eurostat published government finance statistics for EU member countries in 2024. These statistics incl

Summary Argentina's shift to technocratic and market friendly policies under President Milei has been remarkable. “Shock Therapy” has been effective, and has us asking if Argentina is transforming from an economy persistently plagued by indequate policy decisions and imbalances to one of potential p

USD/JPY recovers from earlier lows but holds below 142.00.Trump’s criticism of Powell and Fed independence dents Greenback appeal.Technical outlook remains bearish with key resistance at 143.05. The USD/JPY pair struggles to regain ground on Tuesday, trading around the 142.00 mark during North Ameri

It’s this month again. The month when silver topped in 2011, and when the declines accelerated in 2013. Let’s start today’s article with a quote from Yahoo! Finance: “According to the latest Bank of America fund managers survey published this week, nearly half of the fund managers surveyed (49%) see

Japan’s top trade envoy, Ryosei Akazawa, wrapped up a high-stakes trip to Washington this week — but walked away without a deal. Despite an impromptu sit-down with President Trump and high-level talks with Treasury Secretary Scott Bessent and USTR Jamieson Greer, the stiff U.S. tariffs remain firmly

The ECB Bank Lending survey, conducted in March, shows tighter credit standards and weaker loan demand from firms in the first quarter of 2025. This translates into weak investment appetite, even ahead of trade and market turmoil. While loan growth has continued to steadily increase on the back of e

The US dollar, as the world’s primary reserve currency, is highly sensitive to economic data releases that signal the health of the US economy. Traders in the forex community closely monitor economic calendar events to anticipate movements in currency pairs like EUR/USD, GBP/USD, and USD/JPY. Here’s

Canadian Prime Minister Mark Carney said late Wednesday that a pause on reciprocal tariffs announced by US President Donald Trump is a welcome reprieve for the global economy. Trump signaled that the US will engage in bilateral negotiations that will likely result in a fundamental restructuring of t