Gold Spot ($) Intraday: expect 1568.00

Swissquote Bank Research Team Swissquote Bank Ltd

Gold Spot ($)

Expect 1568.00.

Stay on top of the markets with Swissquote’s News & Analysis

Pivot (invalidation): 1550.00

Our preference
Long positions above 1550.00 with targets at 1563.00 & 1568.00 in extension.

Alternative scenario
Below 1550.00 look for further downside with 1546.50 & 1541.00 as targets.

Comment
The RSI is mixed to bullish.

Silver Spot ($)

Look for 18.1500.

Pivot (invalidation): 17.8700

Our preference
Long positions above 17.8700 with targets at 18.0400 & 18.1500 in extension.

Alternative scenario
Below 17.8700 look for further downside with 17.7600 & 17.6500 as targets.

Comment
The RSI is mixed with a bullish bias.

Crude Oil (WTI)

Caution.

Pivot (invalidation): 58.35

Our preference
Short positions below 58.35 with targets at 57.75 & 57.35 in extension.

Alternative scenario
Above 58.35 look for further upside with 58.70 & 59.00 as targets.

Comment
The RSI is mixed and calls for caution.

Author

Swissquote Bank Research Team

Swissquote Bank Ltd

EUR/USD hovers around nine-day EMA above 1.1800

EUR/USD remains in the positive territory after registering modest gains in the previous session, trading around 1.1820 during the Asian hours on Monday. The 14-day Relative Strength Index momentum indicator at 54 is edging higher, signaling improving momentum. RSI near mid-50s keeps momentum balanced. A sustained push above 60 would firm bullish control.

GBP/USD holds medium-term bullish bias above 1.3600

The GBP/USD pair trades on a softer note around 1.3605 during the early European session on Monday. Growing expectation of the Bank of England’s interest-rate cut weighs on the Pound Sterling against the Greenback.

Gold sticks to gains above $5,000 as China's buying and Fed rate-cut bets drive demand

Gold surges past the $5,000 psychological mark during the Asian session on Monday in reaction to the weekend data, showing that the People's Bank of China extended its buying spree for a 15th month in January. Moreover, dovish US Federal Reserve expectations and concerns about the central bank's independence drag the US Dollar lower for the second straight day, providing an additional boost to the non-yielding yellow metal.

Bitcoin, Ethereum and Ripple consolidate after massive sell-off

Weekly column: Saturn-Neptune and the end of the Dollar’s 15-year bull cycle

Tariffs are not only inflationary for a nation but also risk undermining the trust and credibility that go hand in hand with the responsibility of being the leading nation in the free world and controlling the world’s reserve currency.

Bitcoin, Ethereum and Ripple consolidate after massive sell-off

Bitcoin, Ethereum, and Ripple prices consolidated on Monday after correcting by nearly 9%, 8%, and 10% in the previous week, respectively. BTC is hovering around $70,000, while ETH and XRP are facing rejection at key levels. Traders should be cautious: despite recent stabilization, upside recovery for these top three cryptocurrencies is capped as the broader trend remains bearish.