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Monthly Archives: July 2026

GBP/USD Drifts Near 1.3430 as Uptrend Holds, Traders Eye Key EMA Supports and Resistance Levels

Written on July 21, 2026 at 1:57 pm, by

GBP/USD hovers near 1.3430 for fourth day, still bullish above key EMAs; resistance 1.3630, support 1.3426.

Germany’s ZEW Sentiment Jumps in July, Boosting Eurozone Outlook as Euro Holds Steady

Written on July 21, 2026 at 1:55 pm, by

Germany and eurozone ZEW sentiment surged, beating forecasts; delayed euro strength, Bund yields up, DAX opportunities.

GBP/USD Seen Consolidating After Brief Spike, with Range Trade Favoured Amid Low Volatility

Written on July 21, 2026 at 1:27 pm, by

GBP/USD turns range-bound; expected 1.3400–1.3460 near-term, 1.3385–1.3495 weeks; favor option-selling, tight stops.

Eurozone ZEW Sentiment Jumps to 23.4, Beating Forecasts and Shifting ECB Rate Expectations

Written on July 21, 2026 at 1:25 pm, by

Eurozone ZEW sentiment surged to 23.4 in July, beating forecasts, boosting euro, yields, and equities outlook.

US index futures rise as Iran de-escalation talk trims safe-haven demand; earnings in focus

Written on July 21, 2026 at 12:57 pm, by

US futures rise on de-escalation hopes; traders brace for volatility with straddles, puts, VIX calls, spreads.

Gold stays near one-week high as weaker dollar offsets hawkish Fed expectations and Middle East risks

Written on July 21, 2026 at 12:55 pm, by

Gold nears one-week high on softer dollar, but hawkish Fed, Middle East risks cap gains below $4,100.

Indian Rupee Near Record Low as RBI Steps Up Intervention and Inflows Counter Oil Shock

Written on July 21, 2026 at 12:27 pm, by

Rupee nears record low as oil tops $90; RBI intervenes and inflows exceed $20bn, suppressing volatility.

USD/CAD slips from one-week high as oil props loonie and Fed-BOC divergence persists

Written on July 21, 2026 at 12:25 pm, by

USD/CAD slips from one-week high as oil supports CAD; traders urged caution, favor range-bound option strategies.

Hormuz Disruptions Redirect Saudi Oil via Bab el-Mandeb, Heightening Red Sea Shipping Risk

Written on July 21, 2026 at 11:55 am, by

Hormuz disruptions reroute Saudi oil via Red Sea, raising Bab el-Mandeb risks; expect short-lived volatility spikes.

USD/JPY Near 162.60 as Iran Ceasefire Talk Eases Dollar Bid, Japan CPI Looms

Written on July 21, 2026 at 11:25 am, by

USD/JPY nears 162.60 as geopolitics ease; traders eye pullback via puts ahead of rising Japan CPI.

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