Trade Reviews
Professional and technical analysis on products and past trades
USD/JPY analysis: 152 support vs. 160 resistance
The Bank of Japan has started moving more quickly. It raised its policy rate to 1.25% on September 18, only seven weeks after the previous increase, marking the fastest pace of tightening in the current cycle. Earlier moves had generally been spaced much further apart.

Gold maintains its long-term bullish structure despite US dollar strength
Gold continues to sustain its long-term bullish trend, recording a 17.73% year-on-year (YoY) gain. Robust central bank demand and safe-haven buying continue to offset short-term headwinds stemming from a strengthening US dollar and elevated Treasury yields.

Oil price technical analysis: Profit-taking or the start of a deeper reversal?
The oil market started the week with two opposing forces. Washington and Tehran are leaving the door open to diplomacy, while attacks on Saudi infrastructure have cut an important export route. That is why crude has pulled back from its recent highs without removing the supply premium altogether.

BoJ raises interest rate to highest level since 1995, yet the yen falls
The Bank of Japan has raised its benchmark interest rate by 25 basis points to 1.25%, reaching a 31-year high. Despite this historic rate hike, the yen weakened against the US dollar as market participants prioritised the Federal Reserve's restrictive monetary stance.

GBP/USD declines as Fed policy turns more restrictive and BoE remains neutral
GBP/USD fell as a restrictive Federal Reserve rate hike contrasted sharply with the Bank of England holding its benchmark interest rate steady at 3.75%.

Oil price analysis: can Crude hold above $100
The U.S. crude market delivered a bearish signal this week. The API reported a 7.14-million-barrel increase in inventories for the week ending September 11, against expectations for a draw. Gasoline and distillate stocks also increased. Normally, that would put immediate pressure on crude.

10-year Treasury yield reaches multi-year high as US dollar strengthens
The 10-year US Treasury yield has reached the 5.0% mark amid persistent inflationary pressures and mounting sovereign debt concerns. Concurrently, elevated yields and geopolitical safe-haven demand have pushed the US dollar index upwards.

Silver price analysis: will $60.90 hold this week?
Silver is entering this week with two very different forces pulling on its price. The first is Federal Reserve and markets are focused on how another rate decision could affect real yields and the dollar. The second is physical market expects to record its sixth consecutive annual deficit in 2026.

USD/CHF tests a key resistance level; a fundamental and technical overview
The USD/CHF currency pair is testing a key resistance level as hawkish Federal Reserve rate-hike expectations contrast sharply with the Swiss National Bank’s dovish policy stance, widening interest rate differentials and reinforcing bullish momentum.

Gold price forecast: will the Fed delay the next gold rally?
After global gold ETFs attracted a record $18 billion net inflows in August, the pace of Western buying has begun to look less aggressive as investors reassessed the interest-rate outlook. Asian demand, however, remains comparatively resilient, creating a market increasingly divided between tactical Western positioning and more persistent Asian accumulation.
