Gold futures closed late October near $3,995/oz, dipping back below the key $4,000 threshold after a 4.7% pullback from mid-October highs around $4,194. Written by: Olumide Adesina • Sunday, November 1, 2026 • 1 min read • Last updated: Sunday, November 1, 2026 Add an article to your Reading List Register now to be able…
EUR/GBP’s decline continued further last week, and accelerated by breaking through falling channel support. 100% projection of 0.8728 to 0.8453 from 0.8611 at 0.8336 was met already. There is no sign of bottoming yet. Initial bias stays on the upside this week. Next target is 138.2% projection at 0.8231. On the upside, above 0.8537 minor…
EUR/JPY stayed in tight range above 175.07 last week and outlook is unchanged. Initial bias remains neutral this week with focus on 175.26/41 support zone. Strong rebound from there, followed by firm break of 177.95 resistance will indicate short term bottoming. However, sustained break of 175.26/41 will carry larger bearish implications. Next target is 100%…
GBP/JPY stayed in range trading below 211.96 last week and outlook is unchanged. Initial bias remains neutral this week first. On the downside, break of 208.34 support will extend the larger decline through 206.85 to 206.10 key fibonacci level. On the upside, above 211.96 will resume the rebound from 206.85. In the bigger picture, price…
USD/CAD’s decline from 1.4298 resumed last week after rejection by 55 4H EMA (now at 1.4035). Initial bias stays on the downside this week. Sustained trading below 38.2% retracement of 1.3480 to 1.4298 at 1.3986 will target 61.8% retracement at 1.3792 next. On the upside, however, break of 1.4067 resistance will turn bias back to…
AUD/USD edged higher to 0.7067 last week but retreated since then. Initial bias remains neutral this week first. On the upside, above 0.7067 will extend the rise from 0.6893 to 61.8% retracement of 0.7237 to 0.6893 at 0.7106. On the downside, however, break of 0.6993 minor support will bring retest of 0.6893 low instead. In…
Illustration of share trading fraud involving Indian rupee currency symbols and a stock market chart, highlighting financial scam risks in India’s investment sector. Navi Mumbai: A 56-year-old man, working as chief manager with a major Indian central public sector petroleum and integrated energy company, was defrauded of ₹14.72 lakh by a scammer woman who had…
USD/CHF’s rebound was capped at 0.8312 last week but failed to break through 0.8190 with subsequent fall. Initial bias remains neutral this week first. On the downside, firm break of 0.8190 will extend the corrective fall from 0.8394 with another leg towards 38.2% retracement of 0.7603 to 0.8394 at 0.8092. On the upside, above 0.8312…
GBP/USD’s rise from 1.3135 resumed with late breach of 1.3418. Initial bias is back on the upside this week for 61.8% retracement of 1.3675 to 1.3135 at 1.3469. Sustained break there will target 1.3675 resistance next. For now, risk will stay on the upside as long as 1.3271 support holds, in case of retreat. In…
USD/JPY continued to stay in range below 159.02 last week. Initial bias remains neutral this week first. On the upside, above 159.02 will target 160.38. On the downside, firm break of firm break of 156.06 will argue that rebound from 152.87 has completed after failing to sustain above 55 D EMA. Deeper fall should then…