News

Ebay Wave Analysis – 28 July 2026

Posted on: Jul 29 2026

Ebay: ⬆️ Buy – Ebay reversed from support area – Likely to rise to resistance level 118.30, Ebay recently reversed from the support area between the pivotal support level 106.60 (which has been reversing the price from the middle of.

DE 40 forecast: the index failed to break below support

Posted on: Jul 28 2026

After testing the support level, the DE 40 stock index has moved higher but remains within a sideways trend, with the longer-term uptrend prevailing. The DE 40 forecast for today is positive.

DE 40 forecast: key takeaways

Recent data: Germany’s PPI fell by 0.3% in July
Market impact: the data creates a moderately positive backdrop for the German stock market

DE 40 fundamental analysis

Germany’s Producer Price Index fell by 0.3% month-on-month, a sharper decline than the market expected, as the forecast pointed to a 0.2% decrease. The sharp change from the previous month, when producer prices rose by 0.3%, is also significant. These figures indicate easing price pressures at the corporate level and may suggest that growth in production costs in Germany is slowing.

For the DE 40 index, the initial reaction may be moderately positive, as lower producer inflation typically reduces concerns about further interest rate hikes and supports expectations for a more accommodative ECB monetary policy. The subsequent reaction of the DE 40 will depend on the reasons behind the decline. If the fall is mainly due to lower energy prices, the news will be broadly favourable. However, if it is caused by weaker industrial demand, the positive impact on the index may be limited.

Germany’s producer prices: https://tradingeconomics.com/germany/producer-prices

DE 40 technical analysis

After reaching a new all-time high, the DE 40 index entered a corrective decline. The nearest resistance zone is located around 25,925.0, while the key support level has formed near 24,570.0. Despite the current negative momentum, the medium-term uptrend remains intact. A confident consolidation below the support level would signal a potential reversal. If the correction ends and growth resumes, the next target for the index could be 26,530.0.

The DE 40 price forecast outlines the following scenarios:

Pessimistic DE 40 scenario: a breakout below the 24,570.0 support level could send the index down to 24,035.0
Optimistic DE 40 scenario: a breakout above the 25,925.0 resistance level could push the index up to 26,530.0

DE 40 technical analysis for 27 July 2026

Summary

Overall, the PPI data creates a moderately positive backdrop for the DE 40, as the decline was stronger than expected and reduces inflation risks. The most favourable scenario for the German market would be a combination of lower producer prices followed by stabilisation in industrial production, a recovery in orders, and improved business activity. In this case, companies could benefit from lower costs and more affordable financing without a significant decline in revenue. The nearest upside target remains 26,530.0.

Open Account

Editors’ picks

EURUSD forecast 2026–2027: technical analysis, price levels & predictions

EURUSD has pulled back from the 2026 high of 1.1915 and is now trading near 1.1450 — below both EMA65 and EMA200 — with the active scenario shifting from bullish to bearish. The ECB raised rates to 2.40%, but the Fed holds at 3.75%, and US inflation (3.5%) continues to outpace the eurozone (2.8%). A confirmed break below 1.1280 opens the next downward wave toward 1.1080. We break down the key levels, three trading scenarios with entry triggers, and what Deutsche Bank, Morgan Stanley and UBS are forecasting for EURUSD in 2026.

Gold (XAUUSD) forecast 2026: predictions based on fundamental and technical analysis

Gold has corrected over 25% from its all-time high of 5,597 USD and is now trading near 4,100 USD — testing a critical support zone. Is this the bottom, or will the downtrend continue? We break down the key levels (support 3,920 USD, breakout trigger 4,500 USD), three trading scenarios with entry levels, and what J.P. Morgan, Goldman Sachs and Deutsche Bank are forecasting for gold in 2026.

investingLive Americas FX news wrap 24 Jul: Geopolitics remain the focus for traders.

Posted on: Jul 25 2026

US indices close mixed. Dow up. S&P unchanged. Nasdaq down
Next week's earnings calendar heats up
Trump: Iran not ready to make a deal.
Crude oil futures settled at $89.31
NY Times: Trump meets with top advisors to decide whether to increase military pressure on Iran
EU fines today, Trump 301 tariffs tomorrow?
US and the UK planning on having a meeting on protecting shipping in the Strait of Hormuz
Major European indices are closing the day and the week higher
Pakistan is exploring a path toward a resumption of US – Iran talks. Oil moves lower
Pres. Trump to meet with Israel Prime Minister Netanyahu on Tuesday at the White House
US new-home sales for the month of June 0.628M versus 0.610M estimate
The July Flash S&P Global Manufacturing 53.8 vs 54.3 estimate
Canada June PPI -1.4% versus -0.4% expected
Canada new housing price index for June -0.1% vs -0.3% last month
The EURUSD, USDJPY and GBPUSD are little changed to start the NA trading session. What next?
ECB policymakers reiterate they are not seeing second-round effects, stress data dependence
investingLive European session wrap: Oil prices come off the boil, markets take a light breather in final stretch of the week

Stocks finished the week on a mixed note as investors balanced another busy round of earnings with profit-taking in many of the market's largest technology names.

The Dow Jones Industrial Average outperformed, rising 235.04 points (+0.45%) to 51,952.20,
The S&P 500 managed a modest gain of 3.68 points (+0.05%) to 7,411.97.
Technology shares remained under pressure, however, with the Nasdaq Composite falling 161.87 points (-0.64%) and the
Nasdaq 100 dropping -1.15%, highlighting continued rotation away from some of the year's biggest growth winners.

Small-cap stocks also lagged, with the Russell 2000 declining by -0.35%.

For the week, however, the broader indices painted a different picture. Despite Friday's mixed finish with all three indices moving lower. The Dow lost -0.38%, the S&P 500 fell -0.61%, and the Nasdaq fell by a more pronounced -2.13%, underscoring a week marked by rotation beneath the surface. Investors rewarded companies delivering strong earnings and guidance while taking profits in richly valued technology and AI-related names that failed to impress.

Next week, the earnings calendar heats up with Microsoft, Meta, Apple, Amazon, Visa, Boeing, Coca-Cola, ARM, Qualcomm, Lam Research, Exxon Mobil, and Chevron all announcing quarter results. Their results are likely to determine whether this week's rotation broadens into a larger correction or whether buyers regain control and push the major indices back toward record highs.

The bond market saw Treasury yields move lower across the curve, signaling a modest bid for fixed income as investors digested economic data and positioned ahead of another blockbuster week of earnings and more importantly the Federal Reserve decision on Wednesday. The Fed is expected to keep rates unchanged but there is a 38% chance for a hike of 25 basis points. . The 2-year yield fell to 4.337%, while the 10-year yield eased to 4.679%, helping support rate-sensitive sectors even as technology shares struggled. However, for the week, the 2 year surged by 15.4 basis points and the 10 year by 12.2 basis points.

In the currency market, the U.S. dollar was mixed. The Australian dollar (+0.17%), New Zealand dollar (+0.24%) helped by stronger Flash PMI, the Swiss franc fell (-0.20%) against the greenback. The EEUR slipped marginally (-0.08%). The USDJPY was unchanged after surging to 40 year highs this week. The GBP rose modestly (+0.05%) vs the USD.

The USDCAD rose modestly (lower CAD) by 0.07%.

Canada's producer and raw material prices both fell sharply in June, pointing to a broad easing in upstream inflation pressures. The Industrial Product Price Index (IPPI) declined 1.4%, snapping a five-month streak of gains, while the Raw Materials Price Index (RMPI) tumbled 6.9%, its largest monthly decline since July 2022. The primary driver was a steep drop in energy prices after the announcement of a tentative U.S.-Iran agreement eased concerns over potential oil supply disruptions through the Strait of Hormuz. Lower crude oil prices filtered through to refined petroleum products, while precious metals and other non-ferrous metals also weakened. Even excluding energy, both indexes posted declines, suggesting that softer price pressures were broad-based rather than confined to the energy sector. The notable exception was lumber, where prices continued to rise on resilient demand.

The encouraging news is that June's data point to easing pipeline inflation. The challenge, however, is that energy prices have since rebounded sharply. If that strength persists, it could reverse some of the progress seen in June and eventually feed through to producer and consumer prices. As a result, central banks are likely to remain cautious, watching closely for signs that higher energy costs begin to lift inflation expectations and create broader, second-round inflation pressures. That remains the key risk going forward.

In US news today, the July Flash S&P Global PMI report painted a mixed but generally positive picture of the U.S. economy. The manufacturing PMI slipped to 53.8 from 53.9, missing the 54.3 forecast and marking a four-month low as inventory stockpiling faded and supply chain disruptions weighed on factory activity. In contrast, the services PMI jumped to 53.6 from 51.2, well above the 51.5 estimate and its strongest reading since November 2025, lifting the composite PMI to 53.6, also the highest since November. The report suggests the economy entered the third quarter on firmer footing, with business activity and hiring improving, but S&P Global cautioned that renewed supply chain delays, rising price pressures, and escalating Middle East tensions could dampen growth and keep inflation risks elevated in the months ahead.

U.S. new home sales unexpectedly strengthened in June, rising 1.6% to an annualized pace of 628,000, topping the 610,000 estimate and building on an upward revision to May's data. Despite the improvement in sales, the broader housing picture remained mixed. Inventory stayed relatively elevated at a 9.3-month supply, suggesting buyers continue to have ample choices, while pricing softened noticeably. The median sales price fell 3.3% from May and 2.7% from a year ago, while the average sales price dropped 9.5% on the month and 6.5% year-over-year, pointing to increasing pricing pressure on builders. Although June's report was encouraging on the sales front, it reflects conditions before mortgage rates moved higher again and before renewed geopolitical tensions pushed Treasury yields and financing costs upward. Those developments could weigh on housing demand in the months ahead, while the elevated supply and declining prices suggest the market remains tilted in favor of buyers.

Commodity markets also reflected a rotation in sentiment. WTI crude oil fell $1.78 to $90.46, giving back a portion of this week's sharp rally as traders locked in profits following the recent geopolitical risk premium.

Gold added 0.17% to $4,055.67, benefiting from the decline in Treasury yields, but was well off the high at $4082.14, while silver gained 1.00% to $58.18 to end the week. Bitcoin slipped 1.46% to $64,103.

It is a wrap for the markets for the week, and it is a wrap for Lebron James as a Los Angelos Laker. King James announced that he will take his services to the Philadelphia 76ers for $4 million per year for 2 years concluding his 8 years as a Laker.

Last year, James earned about $50 million with the Los Angeles Lakers. The decline represents a pay cut of roughly 84%, one of the largest voluntary salary reductions ever taken by a superstar. James said the move was about chasing another championship rather than maximizing earnings. It is estimated that LeBron has a net worth $1.4B

Despite his age, James remained highly productive in 2025–26 playing in 60 of the 82 regular season games.

20.9 points per game
6.1 rebounds per game
7.2 assists per game
51.5% field-goal shooting
60 games played
3-point percentage:31.7%
Free-throw percentage:73.7%
33.2 minutes per game

That compares to his career average of:

Points:26.8 per game
Rebounds:7.5 per game
Assists:7.4 per game
Field Goal %:50.7%
3-Point %:35.0%
Free Throw %:73.7%
Minutes:37.8 per game

James is 41-years-old and continued to be one of the league's best playmakers and most efficient scorers while managing a reduced workload. His willingness to take a veteran-minimum type contract gives Philadelphia significant salary-cap flexibility to surround him with talent for one final championship run.

This article was written by Greg Michalowski at investinglive.com.

Options Brief - Calm index, split tape - 23 July 2026

Posted on: Jul 24 2026

The S&P 500 barely moved, yet Nvidia jumped while the rest of Big Tech slid on Alphabet's capex test. When the index goes this quiet, the real question is where the risk actually went.

Big Tech's earnings split the tape on Wednesday. The index barely moved, with the S&P 500 down 0.14% to 7,498.96, but the names underneath pulled hard in opposite directions. Nvidia rose 2.30% while Meta fell 2.58%, Microsoft 1.86% and Alphabet 1.46%, and after the close Alphabet dropped more than 3% on a lifted capital-spending guide while Tesla lost 4.1% on an earnings miss. The VIX still eased to 16.64, back below 18.

The quiet index was not an accident. Implied correlation across S&P 500 names, measured by COR3M, fell 5.63% to 7.54, deep in single digits. When the options market prices constituents to move apart rather than together, a flat index is what it produces, even on a day the biggest stocks travel several percent.

The other risk sat outside equities. Oil extended its rally, with Brent above 96 dollars on Red Sea tanker attacks and the US-Iran conflict, pushing the US 10-year yield back toward 4.66%, near its year-to-date high, and reviving talk of a live Fed decision next week. Intel reports after tonight's close and the ECB decides rates today.

MARKET REGIME: TRANSITIONING | VIX 16.64 | TERM STRUCTURE: CONTANGO | SKEW: ELEVATED (150.19) | FRONT-MONTH VIX FUTURES: 18.62

Key findings

Dispersion did the work. Implied correlation COR3M fell 5.63% to 7.54 while the dispersion index DSPX held at 47.26. In our view the options market is pricing large index names to move on their own news rather than in step, and Wednesday delivered exactly that, an S&P 500 down just 0.14% sitting on top of a 2.30% Nvidia gain and heavy megacap losses. A calm index reading here may say more about correlation than about risk.
The calm has a curve to it. The VIX eased to 16.64 while the one-day measure VIX1D jumped 12.3% to 11.39 off a very low base, and the term structure stayed in contango with VIX3M at 19.54 and front-month VIX futures at 18.62, a 1.98-point premium to spot. In our assessment the market has left the near-term session cheap and kept the price of risk parked further out on the curve, where tonight's Intel print, the ECB and next week's Fed sit.
Equity calm, cross-asset heat. The equity fear gauge fell, but oil volatility (OVX 65.31) held near four times the VIX, the MOVE index of Treasury volatility rose 2.2% to 76.31 as the 10-year yield pressed toward its year-to-date high, and CBOE SKEW stayed elevated at 150.19. In our view the day's real stress moved into oil and rates, and a trader watching only the VIX could miss it.

Vol surface data: Saxo, Bloomberg, CBOE, as of 23 July 2026, approx. 06:00 CET. Past performance is not indicative of future results.

Headline driver

Big Tech's earnings reset the AI-spending test, with Alphabet raising 2026 capital-spending guidance and Tesla missing, while a flat index masked wide single-name moves and oil's continued climb, on Red Sea tanker attacks and the US-Iran conflict, pushed the 10-year yield back toward its year-to-date high. Full macro rundown in Saxo's Market Quick Take - Big Tech's capex test, oil tops $96, 23 July 2026.

Market snapshot, Wednesday 22 July 2026 close

US (Wednesday 22 July close): S&P 500 7,498.96, down 0.14%. Nasdaq 100 28,998.10, down 0.54%. Dow Jones 52,224.23, effectively flat. IWM, the iShares Russell 2000 ETF, 293.79, down 0.93%. Big Tech split the tape, with Nvidia up 2.30% against Meta down 2.58%, Microsoft down 1.86%, Alphabet down 1.46% and Tesla down 1.30%; software lagged, with the software ETF IGV down 3.05%.
Under the surface: Super Micro surged 19.8% on more than 60 billion dollars of new orders, while GE Vernova fell 8.7% on a disappointing outlook. After the close, Alphabet dropped more than 3% as it raised 2026 capital-spending guidance to 195 to 205 billion dollars, and Tesla lost 4.1% on an earnings miss and negative free cash flow.
Europe and Asia: the Stoxx 600 rose 0.6%, the FTSE 100 gained 1.2% to 10,716.97 and the DAX added 0.6% to 25,155.41, with Airbus up 7.0% on a buyback and Randstad up 13.9%. In Asia the KOSPI surged 4.06%, led by Korean chipmakers on renewed AI-spending signals, and the Hang Seng rose 1.34%.
Metals, energy and crypto: precious-metals miners ran hard, with GDX up 3.36%, junior miners GDXJ up 3.57% and the silver ETF SLV up 1.58%; GLD rose 1.15%. Energy firmed, with XLE up 1.20%, WTI crude near 88 dollars and Brent above 96 dollars. Bitcoin held near 65,700 dollars, down about 0.5%, with ether near 1,923 dollars. Costs and charges apply to ETF trades; see Saxo pricing for full details.
Rates and FX: the US 10-year yield sat near 4.66%, close to its year-to-date high, with the 2-year at 4.31% and the 30-year at 5.15%. USDJPY stayed pinned above 163 on Bank of Japan hike speculation, and EURUSD held near 1.1435 into the ECB decision.
Volatility complex: VIX 16.64, VIX1D 11.39, VIX9D 14.88, VIX3M 19.54, front-month VIX futures 18.62, second-month 19.67, VVIX 95.55, SKEW 150.19, COR3M 7.54, DSPX 47.26, MOVE 76.31, VXN 26.74, OVX 65.31, GVZ 24.02.
Market regime (rules based read): transitioning. VIX 16.64, 20-day realised volatility 9.1% and falling, S&P 500 0.36% above its 50-day moving average, with the underlying signals mixed rather than aligned.

Source: Saxo, Bloomberg, CBOE, 23 July 2026. Past performance is not indicative of future results.

Options flow sentiment

Based on end-of-day 22 July, yesterday's positioning and not today's price action.

Single-name flow: carried heavy gross call premium across megacap technology and semiconductors, with the biggest size concentrated in the largest chip names and memory in particular, and confirmed-opening interest tilted to calls, so on the surface the tone read constructive. Underneath it, the aggressor side in those same chip names leaned toward bought puts and sold calls into the megacap earnings, which in our assessment reads as accumulation with hedges bolted on rather than a one-way bet.
Sector and ETF flow: left the clearest bullish footprint in precious-metals ETFs, with gold, silver and miner names bought on the aggressor side, while index and energy-ETF flow leaned mildly to the put side even as gross call premium stayed high, and rate-sensitive Treasury ETF flow tilted bearish, consistent with the move higher in yields. In our view portfolio positioning looked constructive on metals and defensive on the index.

Volatility surface - 23 July 2026, approx. 06:00 CET

VIX term structure

VIX spot 16.64 (-2.4%), holding below 18 as the chip bid returned
VIX1D 11.39 (+12.3%) · VIX9D 14.88 (-3.9%), the two now 3.49 points apart
VIX3M 19.54 · VIX6M 21.68 · VIX1Y 23.40, all above spot, so the curve is upward sloping from the front

VIX futures

Front-month VIX futures 18.62, a premium of 1.98 to spot, as the cash index sits well below the future
Second-month VIX futures 19.67, front-to-second ratio at 0.945, leaving the curve in contango, where later-dated contracts trade above nearer ones

Skew and correlation

CBOE SKEW 150.19 (-1.0%), still in its elevated zone, meaning investors keep paying up for out-of-the-money downside protection even as spot volatility falls
COR3M 7.54 (-5.6%), the 3-month implied correlation index, deep in single digits and the clearest single move on the surface
DSPX 47.26 (-0.5%), the S&P 500 dispersion index, holding near the top of its recent range

Other volatility measures

VVIX 95.55 (-0.8%), the volatility of the VIX itself · MOVE 76.31 (+2.2%), the Treasury volatility gauge, higher as yields climbed
VXN 26.74, the Nasdaq 100 volatility index, at a 61% premium to VIX
OVX 65.31 (+2.4%), crude oil volatility, at roughly four times the level of VIX · GVZ 24.02 (+0.3%), gold volatility

Source: Saxo, Bloomberg, CBOE, 23 July 2026. Past performance is not indicative of future results.

What the market is pricing

The session is priced for calm. S&P 500 options imply a move of roughly 41 points, about 0.55%, over today's cash session, with VIX1D at 11.39. This figure is derived from at-the-money option pricing and is not a forecast. Options carry a high risk of rapid loss and are not suitable for every investor.
The days ahead are not. S&P 500 options imply a move of roughly 53 points, about 0.70%, into Friday's expiry, the window that contains tonight's Intel report and today's ECB decision. Both numbers are derived from option-implied pricing rather than a directional view. See Saxo pricing for costs and applicable charges.
The hedges have not been given up. SKEW at 150.19 alongside a VIX that eased to 16.64 appears to show the bid for out-of-the-money downside protection surviving the calm. In our view investors could be unwilling to release hedges into an event-heavy stretch.
Correlation is priced near the floor. COR3M at 7.54 with DSPX at 47.26 prices a market in which index volatility may stay contained while individual names move on their own news. In our assessment Wednesday's tape, a 0.14% index dip on top of a 2.30% Nvidia gain and heavy megacap losses, was consistent with that, though it could reverse quickly if a shared macro shock arrives. Future outcomes are uncertain and may result in losses.

Today's catalysts

The calendar is heavier than the quiet index suggests. The ECB rate decision lands at 14:15 CET, with the press conference at 14:45 CET, and US weekly initial jobless claims arrive at 14:30 CET, followed by US June existing home sales at 16:00 CET. The main event comes after the US close, when Intel reports Q2 earnings alongside RTX, T-Mobile US and Honeywell, ahead of Exxon Mobil, American Express and Verizon on Friday.

When the index goes quiet

Wednesday looked calm on the headline number and was anything but underneath it. The index did not absorb a quiet day; it absorbed a loud one, with the moves cancelling out.

The index netted a loud day to flat. The S&P 500 slipped 0.14% while Nvidia rose 2.30%, several other megacaps fell more than 1.5%, Korean chipmakers rallied over 4% and precious-metals miners gained more than 3%. The offsetting moves left the index almost still while the constituents did the travelling.
Correlation at 7.54 is what describes it. When COR3M sits deep in single digits, the options market is not saying the market is safe; in our assessment it is saying names are expected to move on their own catalysts, with the index netting the offsetting moves to something close to flat. Alphabet's capital-spending guide, Tesla's miss, Super Micro's order surge and the Korean chip rally were all single-name stories, and the tape treated them as such.
A cross-current the equity gauge does not show. Oil's continued climb has pushed oil volatility to roughly four times the VIX and lifted the 10-year yield toward its year-to-date high, while Treasury volatility rose even as equity volatility fell. In our view the calm reading on the VIX may understate the risk now sitting in rates and energy, and next week's Fed decision has moved back into play. Future outcomes are uncertain and may result in losses. Options carry a high risk of rapid loss and are not suitable for every investor. See Saxo pricing for costs and applicable charges.

Source: Saxo, Bloomberg, CBOE, 23 July 2026. Past performance is not indicative of future results.

Conclusion

In our view the index looks quiet today largely because correlation has collapsed, not because the risk has gone anywhere. The 7.54 reading on COR3M, the elevated 150.19 SKEW against a sub-17 VIX, and the split between a falling equity gauge and rising oil and Treasury volatility appear to be the clearest statements the market is making about where the trouble may sit.

A trader reading the surface today may want to note that a flat index and a busy market are not in conflict right now. They are the same fact seen from two angles, and the risk that is not in the index has moved into single names and into oil and rates. Future outcomes are uncertain and may result in losses, and options carry a high risk of rapid loss that is not suitable for every investor. See Saxo pricing for costs and applicable charges. Past performance is not indicative of future results.

Important note: The strategies and examples provided in this article are purely for educational purposes. They are intended to assist in shaping your thought process and should not be replicated or implemented without careful consideration. Every investor or trader must conduct their own due diligence and take into account their unique financial situation, risk tolerance, and investment objectives before making any decisions. Remember, investing in the stock market carries risk, and it's crucial to make informed decisions.

This content is marketing material and should not be regarded as investment advice. Trading financial instruments carries risks and historic performance is not a guarantee of future results. The Author is permitted to wait at least 24 hours from the time of the publication before they trade the instruments themselves. The instrument(s) referenced in this content may be issued by a partner, from whom Saxo receives promotional fees, payment or retrocessions. While Saxo may receive compensation from these partnerships, all content is created with the aim of providing clients with valuable information and options. This content will not be changed or subject to review after publication.

Related articles/content
Options Brief - Chips cool vol oil lifts yields - 22 July 2026 Options Brief - Calm today crowded Wednesday - 21 July 2026 Options Brief - Oil vol at triple the VIX - 20 July 2026 Options Brief - Chip jitters into expiry - 17 July 2026 Options Brief - Chips stumble TSMC to the rescue - 16 July 2026 Options Brief - Cool CPI SK Hynix options debut - 15 July 2026 -- Market Quick Take - Big Techs capex test oil tops 96 - 23 July 2026 Market Quick Take - Chips rebound as oil revives inflation fears - 22 July 2026

More from the author
Koen Hoorelbeke's articles on Saxo Follow and interact with me on X (Twitter) for more intraday content

EUR/USD Daily Outlook

Posted on: Jul 23 2026

Intraday bias in EUR/USD remains neutral as consolidations continues above 1.1323. With 1.1499 support turned resistance intact, further decline is expected. On the downside, break of 1.1323 will resume the fall from 1.2081 to 100% projection of 1.2081 to 1.1408 from 1.1848 at 1.1175. However, decisive break of 1.1499 will turn bias back to the […]

The post EUR/USD Daily Outlook appeared first on ActionForex.

GBP/CHF: Trendline or RSI — Which One Is Lying?

Posted on: Jul 22 2026

Sterling enters this week on firmer footing, with political uncertainty fading fast after Andy Burnham's confirmation as Labour leader eased investor concerns over the succession to Keir Starmer. Markets reacted further to reports pointing to Shabana Mahmood as the frontrunner for Chancellor, viewed as the more fiscally disciplined

EUR/USD Daily Outlook

Posted on: Jul 17 2026

Intraday bias in EUR/USD stays neutral at this point, as consolidations continue above 1.1323. With 1.1499 support turned resistance intact, further decline is expected. On the downside, break of 1.1323 will resume the fall from 1.2081 to 100% projection of 1.2081 to 1.1408 from 1.1848 at 1.1175. However, decisive break of 1.1499 will turn bias […]

The post EUR/USD Daily Outlook appeared first on ActionForex.

Brent Crude Oil: From Ceasefire to Crossfire — What's Next?

Posted on: Jul 16 2026

Just weeks ago, traders were pricing in peace. Now they're pricing in war again—and that reversal says everything about how fragile the current Middle East calm really is.

Brent crude has surged to $86 a barrel, its highest level in a month, after the Washington-Tehran ceasefire

EUR/USD Daily Outlook

Posted on: Jul 15 2026

EUR/USD is still bounded in consolidations above 1.1323 and intraday bias stays neutral. With 1.1499 support turned resistance intact, further decline is expected. On the downside, break of 1.1323 will resume the fall from 1.2081 to 100% projection of 1.2081 to 1.1408 from 1.1848 at 1.1175. However, decisive break of 1.1499 will turn bias back […]

The post EUR/USD Daily Outlook appeared first on ActionForex.

Exxon Mobil Wave Analysis – 13 July 2026

Posted on: Jul 14 2026

Exxon Mobil: ⬆️ Buy – Exxon Mobil broke resistance zone – Likely to rise to resistance level 150.00 Exxon Mobil recently broke the resistance zone between the strong resistance level 142.60 (which has been reversing the price from June) and.