EUR/USD touched 1.1614 this week — the highest since early May — before pulling back to 1.1574. The pair has now rallied 3 cents from the June low of 1.1325, and it’s approaching the level that separates “correction” from “trend change”: 1.1620. Why 1.1620 matters It’s the convergence zone of three technical markers: the May […]
The crypto recovery is accelerating. Bitcoin has climbed through the $66,000–$68,000 zone this week and is pressing against the $70,000 handle — a level that has capped every rally since May. From the July 1 low of $57,748, the token is up nearly 20%, and the rally’s internals keep improving: spot volume leading derivatives, ETF […]
Three assets dominate every financial crisis: gold, the dollar, and the yen. Understanding how they interact — because they don’t move in lockstep the way beginners expect — is essential market literacy. The hierarchy of safety When genuine panic hits, the market sells everything liquid and buys the dollar first. It’s the world’s funding currency, […]
4,300 has fallen — and gold’s recovery is now a trend. The metal pushed through the psychological barrier this week, trading as high as 4,360 before settling near 4,350. From the June 30 low of 3,955, gold has rallied 10% in six weeks, and the character of the buying has changed: this is no longer […]
While the majors chop sideways, one currency keeps quietly making higher highs: the pound. GBP/USD closed Monday at 1.3547, up from 1.3491, and touched 1.3571 during the session. More telling is the cross: EUR/GBP has slipped to around 0.8540, its lowest since June, confirming that sterling’s strength is genuine and not just a mirror of […]