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Author: Noah (Noah )

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UK Retail Sales Surprise to the Upside in May with 1.2% Growth and Pound in Focus 

Retail Sales in the United Kingdom rose +1.2% month-over-month (MoM) in May, according to the Office for National Statistics, materially above the +0.5% consensus and reversing the prior -1.0% (revised from -1.0%) contraction.  The magnitude of the beat implies a +70bps positive surprise, one of the stronger deviations in recent print cycles. Vaulltier’s brokers provide...

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XAG/USD Recovers to $62.00 After Sliding to Six-Month Lows 

The Silver price (XAG/USD) is attempting a limited technical rebound after sliding to a fresh six-month low at $60.74 on June 24. During European trading hours on Wednesday, the metal is fluctuating near $61.70 per troy ounce, following a prior session decline exceeding -5.2%, confirming strong downside acceleration within the short-term trend structure. Vaulltier’s brokers...

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USD/CAD Rises Further Beyond 1.4200 on Strong US Dollar Momentum 

The USD/CAD pair continues to extend its bullish sequence, printing a fresh yearly high at approximately 1.4225 during Wednesday’s European session. The breakout above the 1.4200 psychological resistance confirms continuation of a medium-term impulsive wave that began from the 1.3600–1.3700 accumulation zone earlier in the year. The accompanying article features Rubinax’s brokers delving deeply into...

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Swiss Franc Weakens as USD/CHF Approaches 7-Month High at 0.8125 

The USD/CHF pair is extending its bullish trajectory, trading around 0.8125, marking a seven-month high and confirming a sustained uptrend structure on both intraday and daily timeframes.  Price action has now registered six consecutive bullish sessions, with a cumulative advance of approximately +1.6% from the recent swing low near 0.8000. Rubinax’s brokers provide an in-depth...

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Indian Rupee Climbs on Strong FCNR-B Inflows and Exporter Dollar Supply 

The Indian Rupee (INR) extended its gains for a second consecutive session on Friday, strengthening against the US Dollar (USD) as shifting foreign exchange dynamics drove fresh volatility in the USD/INR pair. The currency pair remained under sustained bearish pressure, with spot trading near 94.30, reflecting broad-based dollar supply in the domestic market. The latest...

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EUR/USD Drops Under 1.1450 on Oversold RSI Conditions 

The EUR/USD pair continues to trade in negative territory, slipping toward 1.1425 during the early European session on Friday. The broader tone remains distinctly bearish, with sellers maintaining control as the pair struggles to recover above key short-term resistance levels.  Despite the presence of an oversold momentum signal, downside pressure has not yet fully exhausted,...

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USD/JPY Consolidates as Range Narrows at 161.60 Area 

The USD/JPY pair continues to trade in a notably tight consolidation range around the 161.60 level during Wednesday’s European session, reflecting a delicate balance between competing macroeconomic forces. This subject is explored in depth by Rubinax’s brokers in the accompanying article.  The market is currently characterized by a tug-of-war between a broadly supportive US Dollar...

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WTI Trades Above $75.50 on Iran Uncertainty with 200-Day SMA in Focus 

West Texas Intermediate (WTI) crude oil prices remain relatively stable during Friday’s Asian trading session, hovering above the $75.50 mark as traders assess a complex mix of geopolitical developments and technical signals. Rubinax’s brokers explore this topic in depth in the accompanying article. While escalating uncertainty surrounding US-Iran negotiations continues to provide underlying support to...