EUR/USD extends losses for the fourth consecutive day on Monday, trading at 1.1515 at the time of writing after hitting fresh multi-month lows right above 1.1500. 🔗 Read Full Article 💡 DMK Insight EUR/USD’s drop to 1.1515 signals a critical moment for traders: This four-day losing streak is more than just a blip; it reflects underlying economic pressures, particularly from the Eurozone. With the pair hovering just above 1.1500, a breach of this psychological level could trigger further selling, potentially pushing it towards the next support around 1.1450. Traders should keep an eye on upcoming economic data releases from both the Eurozone and the U.S., as these could provide catalysts for volatility. On the flip side, if the pair manages to hold above 1.1500, it might attract buyers looking for a bounce-back. However, the prevailing sentiment leans bearish, especially with the dollar showing strength against major currencies. Watch for any shifts in market sentiment or unexpected news that could lead to a reversal, but for now, the trend is clearly downwards. 📮 Takeaway Monitor the 1.1500 level closely; a break could lead to further declines towards 1.1450.

The Pound Sterling (GBP) trades cautiously against its peers at the start of the week. The British currency is expected to remain volatile amid uncertainty surrounding the Bank of England’s (BoE) interest rate policy, which will be announced on Thursday. 🔗 Read Full Article 💡 DMK Insight GBP’s cautious trading reflects the market’s nerves ahead of the BoE’s rate decision this Thursday. With the central bank’s policy under scrutiny, traders should brace for volatility. If the BoE signals a hawkish stance, we could see GBP strengthen against the USD and EUR, potentially breaking key resistance levels. Conversely, a dovish tone might trigger a sell-off, pushing GBP lower. Keep an eye on the 1.25 level against the USD; a break below could indicate further downside. The market’s reaction will likely ripple through related assets, including UK bonds and equities, as investors reassess risk. Here’s the kicker: while many expect a cautious approach from the BoE, there’s a chance they could surprise the market. If inflation data trends higher this week, it could prompt a more aggressive stance than anticipated. So, watch for any shifts in economic indicators leading up to the announcement, as they could provide clues about the BoE’s direction. 📮 Takeaway Monitor GBP against the USD around the 1.25 level this week; the BoE’s decision could trigger significant volatility.

Gold (XAU/USD) has bounced from last week’s lows below the $3,900 level, yet bulls remain unable to confirm above a previous support area around $4,045 (October 24 low), which leaves price action fluctuating without a clear bias around the $4,000 level on Monday,, with investors awaiting US manufact 🔗 Read Full Article 💡 DMK Insight Gold’s struggle to break above $4,045 is a critical signal for traders right now. With prices hovering around $4,000, the inability to reclaim that previous support suggests indecision in the market. This could lead to increased volatility as traders await upcoming US manufacturing data, which might provide the catalyst needed for a breakout or a deeper pullback. If bulls can push through $4,045, we could see a rally towards the next resistance level, while a failure to do so might trigger selling pressure, potentially testing the recent lows below $3,900 again. Keep an eye on the manufacturing data release; it could be the turning point for gold’s direction in the short term. Also, watch for correlated moves in the dollar index, as a stronger dollar typically weighs on gold prices, while a weaker dollar could provide the support gold needs to climb higher. 📮 Takeaway Watch for gold to break above $4,045 or risk a drop back towards $3,900, especially with US manufacturing data on the horizon.

15th FYP to prioritize industrial upgrading and innovation to boost tech-driven growth. More spending to be directed towards household wellbeing to raise consumption’s share of GDP. Fiscal policy will likely remain expansionary to support average growth of 4.5% from 2026-30. 🔗 Read Full Article 💡 DMK Insight China’s focus on industrial upgrading and innovation is a game changer for traders: The emphasis on tech-driven growth and increased household spending could signal a shift in consumption patterns, impacting sectors like consumer goods and technology. With fiscal policy set to remain expansionary, traders should keep an eye on how this affects GDP growth projections, especially with an average target of 4.5% from 2026-30. This could lead to increased volatility in related markets, particularly in tech stocks and commodities that benefit from higher consumption. However, there’s a flip side. If the anticipated growth doesn’t materialize or if inflation pressures persist, we could see a backlash in market sentiment. Traders should monitor key economic indicators like retail sales and industrial output in the coming months to gauge the effectiveness of these policies. Watch for any shifts in market sentiment around major economic announcements, as they could provide trading opportunities in both equities and forex markets. 📮 Takeaway Keep an eye on China’s retail sales and industrial output data; these will be key indicators of the effectiveness of the new fiscal policies and their impact on market sentiment.

US Dollar (USD) is building on last week’s advances, BBH FX analysts report. 🔗 Read Full Article 💡 DMK Insight The US Dollar’s recent strength is more than just a bounce; it’s a signal for traders to reassess their positions. With the dollar building on last week’s gains, traders should consider how this could impact their forex strategies, particularly against major pairs like the Euro and Yen. A stronger dollar often correlates with risk-off sentiment, which could lead to declines in equities and commodities. If the USD continues to rally, watch for key resistance levels in the Euro around 1.05 and in the Yen near 145. These levels could trigger significant moves if breached. On the flip side, if the dollar’s momentum stalls, it may present a buying opportunity for those looking to capitalize on a potential reversal. Keep an eye on upcoming economic indicators, especially inflation data and employment figures, as these could further influence the dollar’s trajectory. The next few days could be pivotal, so traders should be prepared for volatility and adjust their risk management strategies accordingly. 📮 Takeaway Watch for the USD’s performance against the Euro and Yen; key levels to monitor are 1.05 and 145, respectively, for potential trading opportunities.

Instead of continuing to decline, Pound Sterling (GBP) is more likely to consolidate between 1.3110 and 1.3170. In the longer run, the outlook for GBP remains negative, but for it to continue to decline, it must first close below 1.3100, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. 🔗 Read Full Article 💡 DMK Insight GBP’s potential consolidation between 1.3110 and 1.3170 could be a tactical opportunity for traders. With the current market snapshot showing SOL at $175.45, traders should note that GBP’s outlook remains negative unless it closes below 1.3100. This level is crucial; a breach could trigger further selling pressure. Conversely, if GBP holds above 1.3110, it might attract short-term buyers looking for a bounce. The broader context includes ongoing economic uncertainties in the UK, which could weigh on GBP. Traders should also keep an eye on correlated assets like the Euro, as shifts in GBP can impact cross-currency pairs. Watch for any news or data releases that could influence market sentiment, particularly around the 1.3100 level, as it could set the tone for GBP’s next move. 📮 Takeaway Monitor GBP closely around the 1.3100 level; a close below could signal further declines, while holding above may invite buying interest.

Crude Oil prices slip as OPEC+ halts early 2026 output increases, while a growing global surplus keeps downward pressure on the market, BBH FX analysts report. 🔗 Read Full Article 💡 DMK Insight Crude oil prices are under pressure as OPEC+ pauses output increases for early 2026, signaling a shift in strategy amidst a growing global surplus. This decision is crucial for traders as it reflects OPEC+’s response to market dynamics. The halt in output increases could indicate that the cartel is wary of oversupply, especially with global inventories rising. Traders should keep an eye on the $70 per barrel level; if prices breach this support, we could see a more significant downturn. Additionally, the broader economic context—rising interest rates and potential recession fears—could further dampen demand for oil, making this a pivotal moment for short-term trading strategies. On the flip side, if geopolitical tensions escalate or if there’s a sudden spike in demand, we might see a rebound. Watch for any news from OPEC+ meetings or U.S. inventory reports that could shift sentiment quickly. The next few weeks will be critical for gauging whether this downward trend continues or if a recovery is on the horizon. 📮 Takeaway Monitor crude oil prices closely around the $70 level; a breach could signal further declines as global supply pressures mount.

The current price movements appear to be part of a 0.6535/0.6565 range-trading phase. In the longer run, AUD is likely to trade in a range between 0.6505 and 0.6610, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. 🔗 Read Full Article 💡 DMK Insight The AUD’s current range of 0.6535 to 0.6565 is a crucial pivot point for traders. This range-trading phase suggests a consolidation period, which often precedes a breakout. If the AUD can hold above 0.6565, we might see bullish momentum towards 0.6610. Conversely, a drop below 0.6505 could signal a bearish trend, prompting traders to reassess their positions. Keep an eye on economic indicators from Australia and the U.S. that could influence this pair, as volatility could spike around major announcements. The broader context shows that the AUD is sensitive to commodity prices and global risk sentiment, so any shifts in these areas could have ripple effects on related currencies like the NZD or CAD. Watch for any signs of a breakout or breakdown around these levels, as they could dictate short-term trading strategies. 📮 Takeaway Monitor the AUD’s movement closely around the 0.6565 and 0.6505 levels for potential breakout or breakdown opportunities in the coming days.

Silver price (XAG/USD) consolidates in a tight range around $48.70 during the European trading session on Monday. The white metal starts the week on a calm note as investors await a slew of United States (US) economic data releasing this week. 🔗 Read Full Article 💡 DMK Insight Silver’s tight range around $48.70 is a signal for traders to stay alert this week. With key US economic data on the horizon, volatility could spike. If silver breaks above $49.00, it might attract momentum traders looking for a breakout. Conversely, a drop below $48.50 could trigger stop-loss orders, leading to a deeper pullback. Given the current market conditions, traders should also keep an eye on correlated assets like gold, which often reacts to similar economic indicators. The upcoming data releases could set the tone for the rest of the week, making it crucial to monitor how silver behaves around these key levels. Remember, the market’s reaction to data can often be more telling than the data itself, so be prepared for potential whipsaws in price action. 📮 Takeaway Watch for silver to break $49.00 for a bullish signal or drop below $48.50 for a bearish reversal this week.

The GBP/USD pair struggles to gain any meaningful traction at the start of a new week amid mixed fundamental backdrop and remains within striking distance of its lowest level May 12, touched last Friday. 🔗 Read Full Article 💡 DMK Insight GBP/USD is stuck near its May lows, and here’s why that’s significant: With the pair struggling to find momentum, traders should keep an eye on the mixed economic signals coming from both the UK and the US. The recent inability to break above key resistance levels suggests a bearish sentiment, especially as the pair hovers close to its lowest point since May 12. This could indicate that further downside is possible if the economic data continues to disappoint. Look for any breaks below recent lows to trigger selling pressure, while a failure to reclaim higher ground could lead to a prolonged consolidation phase. On the flip side, if the pair manages to break above its immediate resistance, it could signal a short-term reversal. Traders should monitor the upcoming economic releases closely, particularly any shifts in monetary policy or inflation data, as these could provide the catalyst for a breakout or breakdown. Watch for a decisive move either way, as volatility could spike around these key events. 📮 Takeaway Keep an eye on GBP/USD’s ability to break below recent lows; a failure to reclaim resistance could lead to further downside.