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​#EURUSD #GBPUSD #marketanalysis GBP/USD GBP/USD is showing signs of a potential reversal, with a "tower" pattern taking shape. If the formation is confirmed, the pair could decline towards 1.3530–1.3560. A sustained break below this zone could trigger a deeper correction towards 1.3440–1.3480. Conversely, renewed dollar weakness could allow GBP/USD to recover above 1.3600. Key events for GBP/USD: ▪️today at 15:30 (GMT+3): US initial jobless claims; ▪️today at 23:30 (GMT+3): US Federal Reserve balance sheet; ▪️tomorrow at 16:45 (GMT+3): Chicago PMI. EUR/USD and GBP/USD have retreated from their recent highs after stronger US economic data allowed the dollar to recover some of its recent losses. Whether the current correction develops further will depend on incoming economic data from the US and euro area, as well as signals from Federal Reserve officials. Resilient economic figures and a hawkish tone from Jackson Hole could support a further dollar recovery, while signs of a weakening labour market or more cautious Fed commentary could once again put pressure on the US currency.

​#EURUSD #GBPUSD #marketanalysis #forextrading #MarketNews Euro and Pound Retreat from Highs After Strong US Data The euro and pound have pulled back from their recent highs as the US dollar regained ground following a batch of stronger-than-expected economic data. The Personal Consumption Expenditures (PCE) price index accelerated to 3.7% year-on-year, compared with expectations of 3.6%, while the quarterly core PCE reading came in at 3.6%, above the forecast of 3.4%. The dollar also received support from stronger consumer activity. Personal spending increased by 0.2%, versus expectations of 0.1%, while personal income rose by 0.4%, double the forecast of 0.2%. At the same time, revised US GDP growth for the second quarter came in at 1.5%, matching market expectations. Taken together, the figures point to continued resilience in the US economy and reduce the likelihood of the Federal Reserve shifting rapidly towards a more accommodative monetary-policy stance. Market attention is now turning to fresh US data and the Jackson Hole symposium. Initial jobless claims are expected to come in at 208,000, up slightly from 206,000 a week earlier, while the trade deficit is forecast to narrow modestly to $100.8 billion from $101.4 billion previously. Following the latest strong US figures, investors will also be paying close attention to comments from Fed officials on inflation and the outlook for interest rates. Resilient economic data combined with hawkish signals from Jackson Hole could provide further support for the dollar, while signs of a cooling labour market or a more cautious Fed tone could put renewed pressure on the US currency. EUR/USD EUR/USD has made several unsuccessful attempts to establish itself above 1.1700, resulting in the formation of a doji pattern. From a technical perspective, this could signal a corrective decline towards the 1.1620–1.1580 area. The bearish scenario would be invalidated by a firm move and close above 1.1700. Key events for EUR/USD: ▪️today at 09:00 (GMT+3): Germany's GfK Consumer Confidence; ▪️today at 13:00 (GMT+3): total number of unemployed people in France; ▪️today at 15:00 (GMT+3): Jackson Hole Symposium.

​#Alibaba #stockmarket #marketanalysis #MarketNews Alibaba Analysis: Uptrend Break Attempt Amid Rising AI Investment Alibaba reported its first-quarter results on 20 August, revealing a mixed picture for investors. Revenue increased by 9%, driven by accelerating growth in its cloud computing and AI businesses, but net profit fell by nearly three-quarters as capital expenditure on AI infrastructure surged. Management said it expects these investments to reach break-even within the next three years. Meanwhile, free cash flow turned negative as spending on computing capacity continued to rise. To finance the further development of its full-stack AI ecosystem, Alibaba also completed a new share offering on the Hong Kong Stock Exchange this week, raising approximately $10.2 billion. Investors responded cautiously to the combination of weaker earnings and equity dilution. Technical Analysis of Alibaba The four-hour chart shows a clear short-term uptrend that began in late July, with the share price climbing from around $92.00 to the $133.00 resistance area. The stock is now attempting to break below its ascending trendline after buyers failed to maintain momentum following the test of the recent highs. On 21 August, the price moved beneath the lower boundary of the current market profile at $121.50 on exceptionally high trading volume. If sellers extend the decline, the next significant support lies near $113.00. Should the move prove to be a false breakout, attention will shift to a cluster of key resistance levels within the market profile. The Point of Control (POC) at $128.50 and the upper profile boundary at $129.50 sit very close together, creating a potentially strong resistance zone. Above this area, the major resistance remains at $133.00. The RSI + MAs indicator currently stands at 41, 48 and 51. RSI has slipped below the neutral zone, while both moving averages remain near the middle of their range, suggesting that bearish momentum has yet to receive full confirmation. Key Takeaways Alibaba's disappointing profit performance and sizeable share issuance have weighed on sentiment following its failed attempt to establish itself above $130.00. The stock's next move is likely to depend on whether investors continue to focus on near-term earnings pressure or place greater value on the company's long-term AI growth strategy.

​#NVDA #nvidia #marketanalysis #stockmarket #stocks Nvidia Earnings: Beating Isn't Enough — The Chart Wants More All eyes turn to Wednesday, when Nvidia reports fiscal Q2 2027 earnings in what may be the single most consequential release of the quarter for the entire tech sector. Wall Street expects revenue of between $93–95 billion, implying year-over-year growth of as much as 67–100%, driven largely by demand for the company's Blackwell architecture and the early ramp-up of its next-generation Vera Rubin chips. With Nvidia commanding an estimated 80–81% share of the AI accelerator market, the report functions less like a single-company event and more like a health check for the entire AI infrastructure trade, historically moving shares of AMD, Broadcom, and Marvell in sympathy. The stakes are amplified by timing: earnings land squarely alongside the Jackson Hole Economic Symposium, where Fed Chair Kevin Warsh's remarks could reshape rate expectations just as investors digest Nvidia's guidance. That combination matters because Nvidia's premium valuation, trading well above the broader semiconductor sector on a forward basis, leaves the stock unusually sensitive to shifts in the discount rate. With shares up nearly 18% year-to-date but price targets still implying meaningful upside, the market has already priced in near-perfection. The real question isn't whether Nvidia beats, but whether beating is enough. Technical Analysis of Nvidia As the Nvidia chart shows, the stock has been compressing into a symmetrical triangle since April, with a descending trendline from the 236.31 high converging with an ascending trendline off the 164.45 low, both meeting right around the current price near 205–209, exactly where the 0.382 Fibonacci retracement sits at 208.86. Bullish Scenario Should buyers defend the ascending trendline and break decisively above the 0.382 retracement, the path would open toward a retest of the 220–228 highs from mid-August, with a stronger earnings reaction potentially targeting the 236.31 level, the origin of the entire pullback. Bearish Scenario Conversely, a break below the ascending trendline and the 0.382 level would expose the 0.5 retracement near 200.38, with a deeper slide risking a retest of the 0.618 level around 191.90 if the earnings reaction disappoints. With price coiled right at the apex of this five-month triangle, sitting exactly on the 0.382 confluence just one day before earnings, Nvidia looks primed for one of its most decisive moves of the year. Will Wednesday's report finally resolve months of consolidation, or extend the standoff into September?

​#WTI #oilprices #commodities #MarketNews #marketanalysis WTI Analysis: Attempted Uptrend Breakout Without Momentum Confirmation WTI crude fell more than 2% on Monday, 24 August, as market participants took profits amid expectations that the US could announce a new round of sanctions against Iran. Additional pressure came from a warning by the Iranian authority responsible for the Persian Gulf and Strait of Hormuz, which said vessels violating transit rules could face fines or detention. At the same time, the US Energy Information Administration (EIA), in its 11 August forecast, expects the average Brent price to remain around $85 per barrel in the third quarter. Persistently low commercial crude inventories in the US could also help limit the downside and prevent a deeper decline. Technical Analysis of WTI On the four-hour XTI/USD chart, prices had been moving within a short-term uptrend since the beginning of August. The trendline repeatedly acted as support during previous pullbacks, but the price is now attempting to break below it while also moving beneath the lower boundary of the current market profile at $86.05. If the downside move gains traction, the next potential support area is around $84.40. A false breakout followed by a renewed advance would bring several technical levels into focus. The first is the Point of Control (POC) at $87.20, followed by the upper profile boundary at $87.95. The overall depth of the market profile is also worth monitoring: the narrower the profile, the less buying pressure may be required to overcome it. Above the main concentration of trading activity lies the red resistance zone at $91.30. The RSI + MAs indicator currently shows readings of 48, 57 and 57. RSI has returned to the neutral area following the pullback, but notably remained below the overbought zone throughout virtually the entire uptrend. At the same time, both moving averages remain positive and are holding above the neutral threshold. Key Takeaways The break below the ascending trendline has yet to receive confirmation from the momentum indicators. The moving averages remaining above the neutral zone cast some doubt on the sustainability of the current decline. The next move could depend heavily on the scale and severity of any new US sanctions against Iran. A stronger-than-expected sanctions package could increase pressure on oil prices, while more limited measures may allow the market to refocus on tight US inventories and provide support for WTI.

​#EURUSD #forextrading #tradingtips #marketanalysis #MarketNews EUR/USD Analysis: Is the Dollar Rally Really Over? EUR/USD has regained ground in recent sessions, with the pair trading near 1.17 as broad-based weakness in the US dollar continues to dominate the foreign-exchange market. The main driver remains the changing monetary-policy outlook, with investors focused on whether the Federal Reserve can maintain a restrictive stance while the US economy shows signs of slowing. The dollar faces a key test this week as Fed Chair Kevin Warsh prepares to deliver his first speech at Jackson Hole on Friday. Persistent inflation and rising long-term Treasury yields could encourage a hawkish tone, particularly if Warsh signals that rate cuts in September are far from guaranteed. Conversely, weaker US growth or softer inflation data would reinforce expectations of easier monetary policy and could extend the dollar's decline. In Europe, euro-area inflation rose to 2.9% in July, keeping price pressures above the ECB's 2% target. The ECB has kept interest rates unchanged since June, but higher energy prices and renewed inflation risks could limit the scope for further easing. With EUR/USD trading near multi-month highs, the Jackson Hole symposium and upcoming US PCE inflation data could determine whether the euro can extend its advance or whether a hawkish Fed response triggers a renewed recovery in the dollar. Technical Analysis of EUR/USD As the daily EUR/USD chart shows, the pair has broken decisively above the descending trendline that had capped price action since the February highs, marking a significant shift in the medium-term structure. The pair is now trading around 1.1665, comfortably above both the 100-period EMA at 1.1546 and the 0.382 Fibonacci retracement at 1.1579. The breakout has also lifted EUR/USD away from the 1.1537–1.1495 support area, leaving the 1.1714 Fibonacci resistance level as the next major test. Bullish Scenario If buyers can maintain control above the 1.1579 Fibonacci level and the 100-period EMA, the bullish structure remains intact. A break above 1.1714 would open the way towards the 1.1775–1.1800 resistance zone, where previous price action has repeatedly stalled. A sustained move above this area would strengthen the case for a broader recovery and suggest that the longer-term downtrend may have been decisively reversed. Bearish Scenario Conversely, a rejection at 1.1714 followed by a break below 1.1579 would weaken the current setup and expose the 100-period EMA around 1.1546, which is closely aligned with the 0.5 Fibonacci level at 1.1537. A deeper decline through this confluence would bring the 0.618 retracement at 1.1495 into focus, followed by 1.1435 and the 0.786 Fibonacci level as the next downside references. With EUR/USD testing major Fibonacci resistance after breaking above its descending trendline, the key question is whether buyers can turn the breakout into a sustained advance towards 1.1800, or whether resistance will once again send the pair back towards its key support zone.

#EURUSD #forextrading #tradingtips #marketanalysis #MarketNews EUR/USD Analysis: Is the Dollar Rally Really Over? EUR/USD has regained ground in recent sessions, with the pair trading near 1.17 as broad-based weakness in the US dollar continues to dominate the foreign-exchange market. The main driver remains the changing monetary-policy outlook, with investors focused on whether the Federal Reserve can maintain a restrictive stance while the US economy shows signs of slowing. The dollar faces a key test this week as Fed Chair Kevin Warsh prepares to deliver his first speech at Jackson Hole on Friday. Persistent inflation and rising long-term Treasury yields could encourage a hawkish tone, particularly if Warsh signals that rate cuts in September are far from guaranteed. Conversely, weaker US growth or softer inflation data would reinforce expectations of easier monetary policy and could extend the dollar's decline. In Europe, euro-area inflation rose to 2.9% in July, keeping price pressures above the ECB's 2% target. The ECB has kept interest rates unchanged since June, but higher energy prices and renewed inflation risks could limit the scope for further easing. With EUR/USD trading near multi-month highs, the Jackson Hole symposium and upcoming US PCE inflation data could determine whether the euro can extend its advance or whether a hawkish Fed response triggers a renewed recovery in the dollar. Technical Analysis of EUR/USD As the daily EUR/USD chart shows, the pair has broken decisively above the descending trendline that had capped price action since the February highs, marking a significant shift in the medium-term structure. The pair is now trading around 1.1665, comfortably above both the 100-period EMA at 1.1546 and the 0.382 Fibonacci retracement at 1.1579. The breakout has also lifted EUR/USD away from the 1.1537–1.1495 support area, leaving the 1.1714 Fibonacci resistance level as the next major test. Bullish Scenario If buyers can maintain control above the 1.1579 Fibonacci level and the 100-period EMA, the bullish structure remains intact. A break above 1.1714 would open the way towards the 1.1775–1.1800 resistance zone, where previous price action has repeatedly stalled. A sustained move above this area would strengthen the case for a broader recovery and suggest that the longer-term downtrend may have been decisively reversed. Bearish Scenario Conversely, a rejection at 1.1714 followed by a break below 1.1579 would weaken the current setup and expose the 100-period EMA around 1.1546, which is closely aligned with the 0.5 Fibonacci level at 1.1537. A deeper decline through this confluence would bring the 0.618 retracement at 1.1495 into focus, followed by 1.1435 and the 0.786 Fibonacci level as the next downside references. With EUR/USD testing major Fibonacci resistance after breaking above its descending trendline, the key question is whether buyers can turn the breakout into a sustained advance towards 1.1800, or whether resistance will once again send the pair back towards its key support zone.

​#AUDCAD #forextrading #tradingtips #marketanalysis #MarketNews AUD/CAD Analysis: Gap Pushes Price Beyond the Broadening Triangle On 19 August, Reserve Bank of Australia Deputy Governor Andrew Hauser adopted a more hawkish tone, warning that another rate increase could become necessary if the inflation risks highlighted by the central bank — including the conflict in the Middle East, a surge in demand from the AI sector and weak productivity — begin to materialise. His comments came one week after the RBA decided on 11 August to leave its policy rate unchanged at 4.35% for a second consecutive meeting. For the Canadian dollar, oil prices remain a more important driver. Crude has continued to rise this week amid heightened geopolitical tensions and concerns over potential supply disruptions. Higher oil prices can traditionally support the Canadian dollar given the country's significant commodity exports. Technical Analysis of AUD/CAD On the four-hour AUD/CAD chart, a medium-term sideways range has been developing since April. Within this range, the price has formed a broadening triangle, characterised by trendlines that diverge rather than converge and reflecting progressively wider price swings. On Monday, 24 August, trading opened with a gap above the upper boundary of the formation. If the bullish impulse continues to develop, the next significant obstacle could be the red resistance level at 0.9925. A failed breakout and subsequent reversal lower would bring several key levels within the current market profile into focus. These include the upper profile boundary at 0.9850, the Point of Control (POC) at 0.9832 and the lower profile boundary at 0.9815. Below the profile's main area of concentration, near the base of the triangle, lies the green support zone around 0.9785. The RSI + MAs indicator currently shows readings of 71, 48 and 50. The oscillator is approaching overbought territory, while both moving averages remain around the middle of the neutral zone, providing little confirmation of the strength of the current move. Key Takeaways The elevated RSI reading and neutral moving averages are yet to produce a coordinated signal, leaving the sustainability of the gap and the attempted breakout uncertain. The fundamental backdrop is also sending mixed signals. The RBA's increasingly hawkish rhetoric provides support for the Australian dollar, while higher oil prices could strengthen the Canadian dollar. The balance between these two forces may prove decisive for the next move in AUD/CAD.

​#MSFT #stockmarket #stocktrading #marketanalysis #MarketNews Microsoft: AI Payoff or AI Overspend — The Chart Weighs In Microsoft's stock has lived two very different lives in the space of a month. On July 30, shares surged 15.5% in a single session, their biggest one-day jump since 2020, wiping out nearly all of 2026's earlier losses, after fiscal Q4 earnings crushed expectations: Azure revenue growth accelerated to 43% year-over-year, crossing $100 billion in annual revenue for the first time, while Microsoft 365 Copilot surpassed 30 million paid seats. That euphoria has since cooled. Morgan Stanley sounded a fresh alarm this week, warning that the gap between Microsoft's massive AI capital spending, some $190 billion planned for infrastructure, and the revenue it's actually generating continues to widen, pressuring near-term cash flow. Shares dropped over 3% on the news, adding to a separate wave of investor-lawsuit headlines questioning the company's earlier disclosures. Still, Wall Street's underlying conviction hasn't wavered: 56 analysts maintain a "Strong Buy" consensus with an average price target above $560. The tension is clear, genuine AI monetization proof from Azure against mounting concerns that the spending required to sustain it may be outpacing the payoff. Technical Analysis of Microsoft As the daily chart shows, Microsoft broke decisively above the descending trendline from January's highs during July's earnings surge, a genuinely significant technical shift after months of decline. Price has since pulled back from the 512 highs and is now consolidating just above the 460-470 support zone, with the 0.382 and 0.5 Fibonacci retracements, along with the 100-period EMA near $426.60, still sitting well below as the next real tests. Bullish Scenario Should buyers defend the 460-470 support and the reclaimed trendline, the breakout structure remains intact. A renewed push higher would target a retest of the 512 highs, the 0 Fibonacci level marking the origin of the entire decline, confirming the July rally has genuine staying power. Bearish Scenario Conversely, a break below the 460-470 support would expose the 0.382 retracement first, with a deeper slide bringing price down toward the more significant confluence of the 0.5 Fibonacci retracement and the 100-period EMA near $426-430, a zone that would need to hold to prevent a full reversal of July's breakout. A break below even that would risk exposing the 0.618 level near $410. With price still comfortably above its key support and the more decisive trendline-EMA confluence still some distance below, Microsoft's next move looks set to determine whether July's historic rally has real staying power, or whether the stock is only beginning to give back its gains.

​#XAGUSD #silver #commodities #tradingforex #marketanalysis XAG/USD Analysis: Triangle Breakout Attempt Amid US Treasury Buybacks On 19 August, the US Treasury announced that it would double the volume of long-term government bond buybacks. The measure led to a noticeable decline in yields at the longer end of the curve and forms part of the Treasury’s broader efforts to contain pressure on long-term borrowing costs. These efforts include market interventions and calls for the Federal Reserve to expand the limits of the FIMA repo facility. Lower Treasury yields improve the relative appeal of precious metals, which do not generate interest income, providing direct support for silver. Industrial demand is another important factor. Chinese imports of silver-containing ores rose 62.5% year-on-year in June amid expanding production of solar panels and power-grid equipment. Technical Analysis of Silver Since 17 July, XAG/USD has been moving within a pronounced uptrend on the four-hour chart. In the upper portion of this advance, a pattern resembling a broadening triangle emerged in mid-August. Unlike a conventional triangle, its boundaries widened rather than converged, reflecting increasing volatility during the consolidation phase. On 20 August, the price broke above the formation and continued to hold above the current market profile. The breakout candle was accompanied by a noticeable increase in vertical volume compared with the preceding consolidation bars, adding some confirmation to the move. Following the breakout, silver moved above the profile’s upper boundary at $66.58. If the bullish momentum persists, the next major upside reference is the red resistance level at $69.74. A return inside the profile would shift attention to the cluster of two important levels: the Point of Control (POC) at $65.165 and the lower profile boundary at $64.345. Their proximity makes this area particularly important for the short-term outlook. If sellers push the price through this cluster, the next potential support could be found around the green level at $62.700. The RSI + MAs indicator currently shows readings of 66, 56 and 56. The oscillator is trading above the neutral zone, while both moving averages remain below its upper boundary and are only beginning to approach a potential breakout. Key Takeaways The breakout above the broadening triangle on increased volume initially points towards further upside, but maintaining prices above the market profile will require additional confirmation. The $66.58 level is therefore likely to remain important in the near term: holding above it would favour continuation towards $69.74, while a return below the profile could bring the 65.165–64.345 area back into focus. The broader outlook will also remain sensitive to the direction of US Treasury yields. A continued decline in yields could provide further support for silver, while a renewed rise in long-term yields could limit the metal’s upside.

​#Japan225 #stockmarket #stocks #MarketNews #marketanalysis Japan 225 Analysis: Index Declines Amid Rising BoJ Rate Expectations Selling pressure on the Japan 225 has intensified as markets increasingly anticipate a possible Bank of Japan rate hike in September. According to Reuters, policymakers are considering taking action at the 17–18 September meeting and may be open to tightening monetary policy at a faster pace than the current guidance of roughly two rate increases per year. Market pricing points to a high probability of a September hike. At the same time, Japanese government bond yields have climbed to multi-year highs, reflecting growing expectations for tighter monetary policy alongside concerns over inflation and fiscal risks. Technical Analysis of Japan 225 The H4 chart of the Japan 225 shows an upward trend that developed against a backdrop of declining vertical volume, with the index advancing from a local base formed in late July towards a peak of 69,600. The trendline now appears to have been broken, with the move accompanied by a steady increase in trading volume. This suggests that the current decline is gaining more momentum than the preceding advance. The index is currently trading around the Point of Control (POC) at 66,130, within the boundaries of the current market profile. The upper boundary is located at 67,470, while the lower boundary stands at 65,215. If the breakdown extends and the price moves below the lower boundary of the profile, the next significant area of interest would be the 63,015 support zone, where the nearest concentration of market activity is located. Conversely, if buyers regain control and successfully push the index back through the profile from below, the previous uptrend high at 69,600 would become the next major resistance level. The RSI + MAs indicator currently shows readings of 39, 39 and 49. RSI has already entered oversold territory, while the fast moving average remains below the neutral zone and the slow moving average is positioned around its midpoint. Key Takeaways The fundamental backdrop remains mixed. Expectations of a Bank of Japan rate hike are weighing on the Japan 225, while weak domestic demand adds another source of uncertainty. In the near term, the index is likely to remain sensitive to expectations surrounding the BoJ’s next policy decision, incoming inflation data, movements in the yen and changes in Japanese government bond yields. These factors could determine whether the current technical correction develops into a deeper decline or gives way to a renewed recovery.

​#USDJPY #USDCAD #forextrading #tradingtips #marketanalysis USD/CAD USD/CAD remains in a broader downtrend following the formation of a “tower” pattern in early July. Yesterday, sellers tested the important 1.3800 support level. A sustained break below yesterday’s low could open the way towards 1.3730–1.3760. If 1.3800 continues to hold as support, however, the pair could stage a recovery towards 1.3840–1.3870. Key events for USD/CAD: ▪️today at 15:30 (GMT+3): Canadian Raw Materials Price Index (RMPI); ▪️today at 17:00 (GMT+3): US Leading Economic Indicators; ▪️tomorrow at 15:30 (GMT+3): Canadian core retail sales. Outlook USD/JPY and USD/CAD remain caught between opposing fundamental forces. Falling Treasury yields are weighing on the dollar, while the relatively hawkish tone of the FOMC minutes is limiting the scope for a deeper decline. The market’s attention is now turning to the latest US economic data. Weaker figures could extend the dollar’s correction and increase downside pressure on USD/JPY and USD/CAD, while stronger-than-expected releases could restore support for the US currency and trigger a recovery in both pairs.

​#USDJPY #USDCAD #tradingtips #forextrading #marketanalysis #MarketNews Dollar Under Pressure as Treasury Yields Fall: USD/JPY and USD/CAD Await Fresh Data The US dollar has come under moderate pressure as long-term US Treasury yields have declined. Another factor has been the US Treasury Department’s decision to increase buyback operations for securities with maturities ranging from 10 to 30 years in an effort to support market liquidity. Against this backdrop, the 30-year Treasury yield fell by around 9 basis points to 5.19%. The decline in yields has weakened one of the key sources of support for the dollar and has been particularly significant for USD/JPY, which remains highly sensitive to movements in the US bond market. The recently released FOMC minutes provided a counterweight. The minutes revealed growing concerns among policymakers about inflation risks, with several officials favouring a rate hike as early as the July meeting. This kept the overall tone relatively hawkish. Although policymakers were divided over whether an immediate rate increase was necessary, inflation risks remain a central concern for the Federal Reserve, while future decisions will continue to depend on incoming economic data. Today, markets will focus on a fresh batch of US economic figures. The Philadelphia Fed Manufacturing Index is expected to fall to 24.1 from 41.4, while initial jobless claims are forecast at 210,000. Weaker-than-expected figures could put additional pressure on the dollar, whereas resilient data may allow the currency to recover some of its recent losses. For the Canadian dollar, commodity-price data will provide an additional catalyst. The Raw Materials Price Index (RMPI) is expected to decline by 1.8% following a 6.9% drop in the previous month, making the actual reading potentially important for the further direction of USD/CAD. USD/JPY USD/JPY made several unsuccessful attempts to approach the key 160.00 resistance level before sharply retreating towards 158.00 as US Treasury yields declined. If selling pressure on the dollar persists, the pair could move towards the 156.70–157.20 area. At the same time, a corrective rebound following yesterday’s decline could lift the pair towards 158.60–159.20. Key events for USD/JPY: ▪️today at 15:30 (GMT+3): Philadelphia Fed Manufacturing Index; ▪️today at 15:30 (GMT+3): US initial jobless claims; ▪️tomorrow at 02:30 (GMT+3): Japan national core Consumer Price Index (CPI).

​#XAGUSD #silver #commodities #marketanalysis #trading XAG/USD Analysis: Silver Surges on Jobs Data, Yields Threaten to End It Silver has had one of its strongest months in years, but this week's price action shows just how fragile precious metals rallies can be when bond markets get nervous. The metal surged nearly 10% last week after July's Non-Farm Payrolls badly missed expectations, printing a loss of 23,000 jobs, prompting markets to price out any chance of a September Fed hike and reviving safe-haven demand. That momentum reversed on Tuesday, however, with silver dropping toward $64 as global bond yields spiked to multi-year highs on mounting concerns over government spending and persistent inflationary pressures. Rising oil prices added to the unease, keeping inflation risks firmly in focus even as rate-hike expectations continue to fade. Beneath the volatility, the structural picture remains supportive: silver continues to draw solid demand from the green energy transition, solar panels, electric vehicles, and AI data centre infrastructure, all keeping a floor under prices. All eyes now turn to the Fed's July meeting minutes and Chair Kevin Warsh's remarks at Jackson Hole, both expected to offer fresh clues on the path ahead for rates. Technical Analysis of XAG/USD As XAG/USD chart shows, silver broke above its descending trendline from June's highs in early August, a genuine shift after weeks of decline, and has since been holding above the 0.382 Fibonacci retracement near 62.88, right where the 200-period EMA also sits nearby at 62.27. The broader recovery has been building on an ascending trendline off the mid-July lows. Bullish Scenario Should buyers defend this 0.382-EMA confluence and push higher, the path would open toward a retest of the 66.73 highs, the 0 Fibonacci level marking the origin of the entire decline. A confirmed break above that zone would signal the correction is fully over. Bearish Scenario Conversely, a break below the 0.382 retracement and the ascending trendline would expose the 0.5 level near 61.69, with a deeper slide risking a retest of the 0.618 retracement around 60.49, or even the triangle apex near 56.64 if selling pressure accelerates. With price sitting right at the intersection of a reclaimed trendline, the 200-period EMA, and a key Fibonacci level, silver looks poised for a decisive move, will this recovery extend toward fresh monthly highs, or does the recent bond market turmoil drag the metal back into its prior range?

​#GBPUSD #forextrading #forex #marketanalysis #MarketNews GBP/USD GBP/USD buyers have managed to push the pair above the important 1.3500 resistance level over the past few sessions. If the pair can maintain its position above this threshold, the next upside targets could be found around 1.3600–1.3640. A decisive move back below 1.3500, on the other hand, could signal the start of a bearish correction towards the 1.3430–1.3470 area. Key events for GBP/USD: ▪️today at 09:00 (GMT+3): UK Consumer Price Index (CPI); ▪️today at 11:30 (GMT+3): UK house price index; ▪️tomorrow at 15:30 (GMT+3): US Philadelphia Fed Manufacturing Index. EUR/USD and GBP/USD are both holding close to important technical levels, leaving the next directional move dependent on fresh fundamental signals. UK inflation will be the first major catalyst for sterling, while the FOMC minutes represent the main event for both currency pairs. A more dovish message from the Federal Reserve could put renewed pressure on the dollar and support further gains in the euro and pound. Conversely, a persistently hawkish stance could strengthen the US currency and trigger corrective declines in both EUR/USD and GBP/USD.

​#EURUSD #GBPUSD #forextrading #tradingtips #marketanalysis Euro and Pound Remain Cautious Ahead of FOMC Minutes The euro and British pound are trading cautiously against the US dollar as markets await the release of the minutes from the Federal Reserve’s latest meeting. At its July meeting, the Fed left interest rates unchanged and reiterated that future decisions would depend on incoming economic data. Investors will pay particular attention to how FOMC members assessed inflation risks, labour-market conditions and the outlook for interest rates. Following softer inflation data and signs of a cooling labour market, a more dovish tone in the minutes could strengthen expectations of monetary easing and weigh on the dollar. Conversely, a continued emphasis on inflation risks and a restrictive policy stance could provide additional support for the US currency. For sterling, today’s UK inflation figures will provide an additional catalyst. The data will be closely assessed for clues about the Bank of England’s next policy steps. Persistent price pressures could reduce the scope for further monetary easing and support the pound, while a more pronounced slowdown in inflation could reinforce expectations of lower interest rates. With few major domestic catalysts for the euro, EUR/USD is likely to remain particularly sensitive to movements in the US dollar. As a result, the FOMC minutes could become a key driver of the pair’s next move. EUR/USD EUR/USD tested the June highs near 1.1600 yesterday. From a technical perspective, the pair could extend its advance towards 1.1660–1.1680 if the previous session’s high is successfully turned into a support level. Failure to establish a firm foothold above the current levels, however, could trigger a corrective move and bring the pair back towards the 1.1500 support area. Key events for EUR/USD: ▪️today at 12:30 (GMT+3): German 10-year Bund auction; ▪️today at 17:30 (GMT+3): US crude oil inventories; ▪️today at 21:00 (GMT+3): release of the FOMC minutes.

​#AUDCAD #forextrading #tradingtips #marketanalysis #MarketNews AUD/CAD: Two Hawkish Central Banks, One Triangle Left to Break The Aussie enters this week with genuine hawkish backing. RBA Assistant Governor Christopher Kent reaffirmed that tighter policy is working as intended, with markets now pricing roughly a 70% chance of one final hike to 4.60% by early next year, even as inflation eased below forecasts last quarter. That combination of commodity strength, gold, iron ore and LNG all running above forecast, and a still-hawkish central bank has kept AUD broadly supported near multi-week highs, with all eyes now on Thursday's July employment report. The loonie tells an even stronger story. Canada's economy expanded at a blistering 3.4% annualised pace in Q2, well above the Bank of Canada's own 2.5% forecast, while July employment surged by 75,100 jobs against expectations of just 15,000, pulling unemployment down to a two-year low of 6.4%. That combination of surprising growth and labour market strength has fuelled speculation the BoC could hike if elevated energy prices persist, giving CAD real independent momentum of its own. The result: two resource-linked currencies both riding genuinely hawkish narratives, leaving AUD/CAD's next move to hinge on which central bank blinks first. Technical Analysis of AUD/CAD As the chart shows, AUD/CAD has been compressing into a symmetrical triangle since early August, with a descending trendline from the 0.9926 high converging with an ascending trendline off the 0.9748 low, both meeting right around current price near 0.9847, exactly where the 100-period EMA also sits. Bullish Scenario Should buyers break above the descending trendline and the 0.382 retracement near 0.9858, the path would open towards the 0 level at 0.9926, a confirmed breakout that would suggest genuine momentum returning to the pair. Bearish Scenario Conversely, a break below the ascending trendline and the 0.5 retracement near 0.9837 would expose the 0.618 level near 0.9816, with a deeper slide risking a retest of the 0.786 retracement around 0.9786, or even the 0.9748 low that anchored this entire structure.With price coiled right at the apex of this triangle, sitting exactly on the 100-period EMA, AUD/CAD looks primed for a decisive break, will the Aussie's hawkish backing prove enough, or does the loonie's stronger data ultimately win out?

​#AAPL #stockmarket #stocktrading #marketanalysis #MarketNews Apple Analysis: Price Tests the POC Area Following Trend Breakdown Apple shares remain under close scrutiny after several notable developments. On 10 August, Jefferies downgraded the stock from Hold to Underperform and lowered its price target from $285.56 to $263.66. The investment bank suggested that Apple may have abandoned plans for an all-glass iPhone intended to mark the product line’s 20th anniversary due to manufacturing challenges. According to Jefferies, this decision could limit the company’s ability to increase average selling prices at a time when memory component costs are rising. At the same time, Apple announced the opening of a new manufacturing facility in Houston, where Mac mini production is expected to begin at a later stage. The project forms part of the company’s broader $600 billion initiative aimed at expanding its manufacturing footprint across the United States. Technical Analysis of Apple The four-hour chart highlights a significant technical event that occurred on 31 July, when the price moved below a rising trendline through a gap accompanied by trading volume well above recent averages. Despite the strength of that move, the breakdown has not yet developed into a sustained decline. Instead, the stock has entered a consolidation phase, creating a well-defined market profile. Apple is currently trading between the Point of Control (POC) at $305.50 and the lower boundary of the profile at $300.00, while testing the POC area from below. Beneath the current consolidation zone, the next major support level can be found around $273.50. Should the trend breakdown ultimately fail and buyers regain control, attention would shift towards two key resistance areas. The first is the upper boundary of the profile at $326.00, followed by a more substantial resistance zone near $344.00. The RSI + MAs indicator currently stands at 42, 39 and 45. Both the RSI and the fast-moving average remain slightly below the neutral zone, while the slower moving average has yet to cross beneath the lower threshold, indicating that bearish momentum has not been fully confirmed. Key Takeaways Apple’s current sideways movement around the POC reflects a period of balance following the high-volume gap that disrupted the previous uptrend. While the market has yet to confirm a decisive bearish breakout, buyers have also been unable to push the stock back into a clear upward trajectory. The divergence between the faster and slower components of the RSI + MAs indicator leaves the technical outlook unresolved, suggesting that the next directional move will likely depend on whether the price can either reclaim the upper part of the profile or break convincingly below the current consolidation range.

👉 Key topics covered: 📉 Why the Yen Recovery Faded — The wide US-Japan rate gap continues to weigh on the yen and support carry trades. 🛢 Geopolitics and Oil — Middle East tensions and higher oil prices are adding pressure on Japan while supporting the dollar. 💰 Investment Flows — Strong US investment, particularly in AI, continues to attract capital away from Japan. 🏦 BoJ Rate Hike Expectations — Markets are increasingly pricing in a potential September rate hike, but could one move be enough to reverse the yen’s trend? ⚠️ Potential Intervention — With USD/JPY above 159, traders are watching for further action from the BoJ and Japanese authorities. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com. #marketnews #forex #fxtrading #USDJPY #JPY #USD