Author: TerraBullMarkets

Gold has continued to trade with a decisive bullish tone as we move through Friday’s session, underpinned by a powerful alignment of fundamental, technical, and sentiment-driven catalysts. The metal has extended its year-to-date surge, supported by firm central-bank demand, persistent sovereign hedging flows, and renewed risk-off positioning across global equities. This morning’s price action holds comfortably above the recent breakout zone, maintaining a constructive structure as traders digest weak global data and shifting expectations around Federal Reserve policy. As volatility remains elevated across equity indices alongside Treasury yields stabilizing, gold remains one of the cleanest high-conviction assets in the macro…...

USD/JPY remains a key focus this week as price action once again tests the upper bounds of the 155.00 resistance zone, a level that has repeatedly attracted both official and speculative attention. The pair’s recent resilience reflects short-term USD support from long lingering U.S. rate differentials, yet momentum has begun to stall as Japanese authorities intensify verbal intervention and the Bank of Japan signals growing confidence in achieving its inflation mandate. With macro and market structure both hinting at exhaustion, the setup presents a compelling asymmetric opportunity: fading extended dollar strength against an increasingly intervention-sensitive yen. From a technical standpoint,…...

The Euro is holding firm against the U.S. dollar as traders position cautiously ahead of Thursday’s critical U.S. CPI release. With EUR/USD consolidating above the key 1.1500 support zone, the pair remains supported by improving Euro-area sentiment and a softer U.S. yield backdrop. The dollar’s recent bid appears to be losing momentum as markets scale back expectations of further near-term Fed tightening, while European data continues to stabilize. Technically, EUR/USD has broken above the mid-term range ceiling at 1.1500, now acting as solid support. The pair’s structure suggests scope for continuation toward the 1.1620 – 1.1680 zone should the U.S.…...

The USD/JPY pair enters the new trading week perched near the 154.00 handle, a zone that once again places Tokyo’s Ministry of Finance squarely in focus. The yen has endured renewed selling pressure as U.S. yields rebounded on fading near-term recession fears and cautious optimism surrounding a potential U.S. government shutdown resolution. Yet, the technical picture shows a market pressing into historically sensitive territory, with verbal intervention from Japanese officials intensifying over the weekend. From a macro standpoint, this setup now pivots on the delicate balance between BoJ policy normalization risk and Fed rate-cut repricing ahead of this Thursday’s U.S.…...

Gold begins the week with renewed strength above $4,050, driven by a blend of macro uncertainty, Fed repricing, and resilient physical demand. Last week’s risk-positive sentiment on potential U.S. shutdown resolution failed to dent bullion’s broader uptrend, underscoring the depth of structural demand beneath the surface. Central banks continue to accumulate, while real yields have softened modestly as markets await clarity from U.S. CPI and PPI data later this week. Technically, gold’s multi-week rally remains intact within a steep ascending channel, with the $4,000 – 4,020 zone now serving as major support and a natural buy-zone for continuation traders. The…...

Sterling enters the new week on the defensive, with GBP/USD consolidating near 1.31 after a subdued performance through the late-Asian and early-European sessions. The pair continues to trade under a heavy macro cloud following the Bank of England’s dovish hold at 4.00%, where a narrow 5 – 4 vote revealed rising internal pressure for rate cuts. Market-implied pricing now reflects a strong probability of an initial 25 bp cut in December, pulling rate differentials sharply against the pound as U.S. data resilience sustains Fed patience. From a technical perspective, the structure remains decisively bearish. Repeated failures around 1.3165 – 1.3210…...

Markets head into Friday’s US Non-Farm Payrolls report on edge, with the data set to test the Fed’s “soft-landing” narrative after a string of subdued employment readings. Consensus expects a modest rebound to +55k from September’s meagre +22k, but the tone across leading indicators suggests hiring momentum remains weak heading into Q4. ISM employment gauges in both manufacturing and services are entrenched below 50. ADP’s latest private-sector print showed only a +42k rise, and job openings continue to trend lower. Taken together, the mosaic of data points to a labor market that is losing steam rather than stabilizing, a critical inflection…

USD/CAD continues to command attention this week as fundamental and technical forces align in favor of further U.S. dollar strength. After the Bank of Canada’s 25bp rate cut on October 29th and dovish forward guidance, the Canadian dollar remains under pressure amid a deteriorating domestic growth outlook and persistent disinflation. In contrast, the U.S. economy remains resilient, with service-sector data and labor indicators suggesting sustained momentum. The resulting policy divergence between a data-dependent, higher-for-longer Federal Reserve and an easing-tilted Bank of Canada reinforces a bullish bias for USD/CAD into the week’s key data events. Technically, the pair has confirmed a decisive…...

The euro enters the week under renewed selling pressure, with EUR/USD struggling to sustain momentum above the 1.1500 handle as macro conditions continue to favor the U.S. dollar. Despite a broadly cautious risk backdrop, the greenback has found fresh support from resilient U.S. data, hawkish Federal Reserve commentary, and persistent yield differentials that reinforce its carry advantage. Meanwhile, the eurozone faces a confluence of headwinds, soft PMI prints, stagnating growth indicators, and moderating inflation momentum, all of which erode support for the single currency. Technically: EUR/USD has broken below its recent rising trendline, suggesting a tactical short setup may be in…...

The USD/JPY remains a focal point for global FX traders as shifting U.S. rate expectations, Japanese yield dynamics, and cross-market risk sentiment continue to dictate momentum. Following a volatile October marked by repeated tests above key psychological resistance, the pair now trades within a technically significant consolidation range. With U.S. Treasury yields stabilising near multi-month highs and the Bank of Japan signalling limited appetite for aggressive tightening, policy divergence continues to underpin the dollar. However, signs of slowing U.S. inflation and renewed intervention risk from Tokyo create a tactical environment where positioning and timing are critical. This Gold setup zeroes…...