Lim Jun Kit

Currently, the technical setup for GBP/USD shows a bearish bias, supported by several indicators pointing to potential downside risks.
CHARTPOINT

GBP/USD at an inflection point after a strong first half of 2025

[SINGAPORE] The British pound (GBP) has enjoyed a robust first half of 2025 against the US dollar (USD), driven largely by sustained dollar weakness. The GBP/USD pair bottomed out at 1.21 on Jan 13 be...

After months of sideways action, USD/JPY has finally taken a step out of its technical formation.

USD/JPY at a crossroads: Breakout signals bulls eyeing higher targets

The USD/JPY has spent much of the last quarter trapped in indecision, but recent price action suggests that the pair may finally be breaking out from months of consolidation.

A worker polishing a silver ring during jewellery production for the brand 886 by the Royal Mint in Pontyclun, Wales. With gold in a consolidation phase, silver and other precious metals such as platinum and palladium may continue to take the lead, especially if the key support levels hold firm.
CHARTPOINT

Silver shines bright amid gold pauses

WHILE gold may have dominated headlines over the past year, surging to as high as US$3,500 per ounce in April 2025, it has since entered a consolidation phase. After an extended rally, gold is taking ...

As of May 8, the US dollar appeared to be approaching a critical inflection point.
CHARTPOINT

US dollar at a crossroads

THE US dollar has come under significant pressure in 2025, reversing the strength seen in the fourth quarter of 2024. The US Dollar Index (DXY), which tracks the value of the greenback against a bask...

With no immediate signs of exhaustion in gold’s price action, the bullish outlook remains intact.

Gold’s relentless rally continues as technicals point to further upside

GOLD has been on an impressive rally since the start of 2024, with its bullish momentum extending into 2025. As at 9 am on Mar 14, gold had surged 14 per cent from the year’s opening price to hit US$2...

Gold’s upward momentum remains firmly intact, supported by strong bullish technical signals. Traders should closely monitor the US$2,724 resistance level.

Gold expected to continue bullish trend

GOLD price has been on a steady uptrend since hitting a low of US$1,614 per ounce in October 2022. Over the past two years, the precious metal has consistently climbed and carved out higher lows, befo...

With historical resistance levels in sight and a clear long-term uptrend in place, the USDCAD pair could offer compelling opportunities for traders who align their strategies with the broader market direction.

Technical indicators point to further upside for USDCAD

On Nov 27, 2024, the USDCAD pair surged to a high of 1.417, its highest level since May 2020. Underpinned by a breakout from a key symmetrical triangle pattern that had been forming since mid-2022, th...

The EUR/USD pair has shown resilience, gradually recovering and forming higher lows. The recent breakout above the upper trendline of the triangle near the 1.10 level indicates a bullish bias.

EUR/USD expected to see continued upward momentum

The EUR/USD pair has recently exhibited significant price movements, marking a potential trend shift after a prolonged period of consolidation. The weekly chart reveals a notable breakout from a symme...