Tuesday was a bruising day for gold but let’s try to keep it in perspective. It was caught up in a ‘sell everything’ deleveraging market as all the weak hands regarding the Iran war got shaken out. In all likelihood, this will go just as the US expects, with a 4-5 week bombing campaign that’s
The services sector in Australia continued to expand in February, albeit at a slower pace, the latest survey from S&P Global revealed on Wednesday with a services PMI score of 52.8. That’s down from 56.3 in January, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. In line with the
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
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The US Dollar Index (DXY) jumped about 0.55% on Tuesday, rallying to around 99.09 and extending Monday’s sharp move higher. The index has broken decisively out of the 97.00 to 98.50 consolidation range that held through most of February, with Monday’s strong bullish candle marking the biggest single-session gain in weeks. The escalating conflict in
AUD/USD extends its pullback and trades around 0.6990 on Tuesday at the time of writing, down 1.36% on the day, after breaking below the 0.7000 level. The pair is now hovering at multi-week lows, pressured by renewed demand for the US Dollar (USD) and a market environment dominated by risk aversion. The US Dollar Index
Gold (XAU/USD) plunged 5%, surprisingly ignoring the escalating safe-haven demand from the Middle East conflict. The selloff is primarily driven by rising oil prices sparking inflation fears, which led to reduced Fed rate cut expectations and a surging US Dollar. The technical outlook focuses on the $5000/oz retest, will bulls return or not? Read More:
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Bitcoin rally fizzles out at resistance Bitcoin staged a powerful rally on Monday, delivering one of its strongest single-day performances in recent weeks. Nonetheless it struggled to reclaim overhead resistance, with the world’s largest cryptocurrency once again being rejected by it a day later amid escalation in the Middle East. Monday’s over 4% rally began
We are now into Day 2 of fully open trading since the war in Iran began, and the tone remains decisively risk-off. US equities are under heavy pressure: Nasdaq: -474 points S&P 500: -103 points Dow: -719 points At the same time, classic defensive flows are in play: The dollar is up roughly 0.65% versus
Panic has officially seeped into the European sessions. Crude prices are not just rising; they are re-accelerating, after Iran’s Revolutionary Guard warned that any ship entering the region would face a “serious response.” The death of Supreme Leader Ayatollah Khamenei on February 28 has removed the traditional diplomatic guardrails, leaving markets to fear a prolonged,
Austria’s consumer price inflation increased somewhat in February from a 13-month low in the previous month, a flash estimate from Statistics Austria showed on Tuesday. The consumer price index climbed 2.2 percent year-over-year in February, faster than the 2.0 percent increase in January. Moreover, the inflation rate is now just above the European Central Bank’s
European Central Bank (ECB) governing council member and Governor of the Bank of Greece, Yannis Stournaras said in an interview with Reuters during the day that the central bank needs to be flexible about its monetary policy amid the war between the United States (US), Israel, and Iran. Remarks ECB should be flexible given Iran. Upward
Macro update Global equities retreat as conflict intensifies: Asian markets fell sharply after US and Israeli strikes on Iran escalated tensions, with MSCI Asia-Pacific ex-Japan down 2.9%, South Korea tumbling 7.2% and Japan’s Nikkei 225 sliding 3.1%, while US futures also pointed lower. Oil climbs on Hormuz concerns: Brent crude oil gained around 4% to trade
2026.03.03 2026.03.03 Short-Term Analysis for Oil, Gold, and EURUSD for 03.03.2026 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The euro continues
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