FxAnalysis

Directional bias: Neutral to bullish above 0.6900, but the pair remains vulnerable to rejection as it struggles to assert itself above 0.7000.

While geopolitical headlines continually send traders rushing to the Oil charts, history shows that the biggest market moves often begin when liquidity disappears, not when crude spikes. 

Gold is off the highs but holds its bullish opening gap, while struggling near $4,100 early Monday. Despite the recent rebound, buyers trade with caution, keeping a close eye on the Middle East developments ahead of the US Federal Reserve (Fed) policy verdict this week.    

The Australian Dollar (AUD) rode a rollercoaster in the first half of the year, hitting a four-year high and then correcting.

The week in one sentence. Speculators rebuilt their bearish conviction in JPY and EUR, kept selling AUD, and continued covering GBP, while WTI delivered the cleanest positive turn as both positioning and price moved sharply higher.

Silver’s spectacular rise and brutal collapse in 2026 may look like the classic boom and bust story. But the metal’s rollercoaster ride is more complex: Silver was caught in the crossfire of the Iran war as investors fled precious metals, the US Dollar strengthened and rate-cut expectations faded.