EUR/USD shows cautious bullish momentum near 1.1800, but thin holiday liquidity and mixed US data may limit follow-through without a confirmed breakout.
About Mahmoud Abdallah
Mahmoud has been working fulltime in the Foreign Exchange markets for 12 years. Offers his analysis, articles and recommendations at the most renewed Arabic websites specialized in the global financial markets, and his experience gained a lot of interest among Arab traders. Works on providing technical analysis, market news, free signals and more with follow up for at least 12 hours a day, and aims to simplify forex trading and the concept of trading for his audience.
Latest 12 Articles
Gold breaks above $4,500 to a new record high, driven by US dollar weakness, escalating geopolitical tensions, and expectations of future interest rate cuts.
Gold tests fresh record highs as strong bullish momentum, geopolitical risks, and expectations of US rate cuts continue to support XAU/USD.
Top Forex Brokers
EUR/USD maintains an upward technical correction as traders focus on US economic data and growing expectations of Federal Reserve easing.
Gold remains strongly bullish above $4,300, with traders watching for a breakout toward $4,400–$4,500 as Fed policy expectations and geopolitical risks fuel demand.
EUR/USD remains in an upward trend near 1.17, supported by softer U.S. inflation, with bulls targeting the 1.18 resistance despite thin holiday liquidity.
Gold remains strongly bullish near record highs, with safe-haven demand and Fed expectations driving targets toward $4,400, $4,435, and $4,500.
EUR/USD climbs toward 1.1800 on Fed-driven dollar weakness, but overbought signals and policy uncertainty limit bullish momentum.
Gold remains strongly bullish above key support levels, with momentum favoring a test of $4,400 as safe-haven flows and weak U.S. data continue to support prices.
Bonuses & Promotions
EUR/USD remains in an upward correction but faces selling pressure ahead of ECB and inflation data, with key signals pointing to opportunities on both sides.
Gold stalls near the $4,400 resistance level, with short-term pullback risks rising, but strong central bank buying and bullish momentum keep the long-term uptrend intact.
Gold (XAU/USD) surged near $4350 on Tuesday, with bullish momentum fueled by Fed rate cut bets, geopolitical tensions, and ETF inflows, keeping gold on track for a historic 2025 close.
