Forex Trading Short EURNZD. Gold XAUUSD at Record Highs, Again! New cTrader Overview Video Released.
US Indices Rise, Despite Tariff Threats

In today’s GCI Market Outlook let’s take a look at Forex Trading on EURUSD, EURNZD, Silver XAGUSD, Gold XAUUSD, and the S&P500.
Over the weekend, Trump announced new tariffs on steel and aluminium and the markets fell.
But, buyers took advantage of the bargains!
We have seen this before where a big news event moves the markets.
When the same thing happens again, it’s not as severe, but get used to volatility of the next few years.
We have been talking about gold going to $3000 and we are not there yet but getting closer.
Gold is a safe haven asset and the uncertainty around the craziness in Washington has driven investors here.
From the technical standpoint, all indicators are bullish and you will see the same on every time frame.
Basically, the fundamentals outweigh the technicals these days.
Speaking of precious metals, we see a range trading opportunity on silver and we are currently mid-range.
EUR is one of our weakest currencies right now so we will look for opportunities.
NZD is quite strong these days so a short on EURNZD would be logical.
We see a pullback from the bear run and the stochastic oscillator is overbought and turning over.
If we look at the daily chart, we see we still have room to move to the downside.
If you are keen to try some news trading this week, we have economic events from the US, the UK, Switzerland, and New Zealand.
Keep an eye on our YouTube channel and website as we are publishing educational videos on cTrader and a link will be in the description of this video.
That’s all for now.
CFDs and FX are leveraged products and your capital may be at risk.
Latest Analysis
- S&P500 TACO Trade. USD Weaker on Rate Cut Chatter. US Congress Passes Stable-coin Law. Today 02:45 AM
- CAD, GBP, and USD Inflation CPI in Focus. Bitcoin BTCUSD at Record Highs as we Wait for US Congress. Forex Trading Long on GBPAUD. July 14, 2025 06:47 AM
- US Indices Fall Again on New Tariffs. NASDAQ & S&P500 in Ascending Triangles. WTI Crude Oil at Lower Trend Line. July 11, 2025 04:54 AM
- Dow Jones Falls on Tariff Fears. Time for a TACO Trade? OPEC+ Rumored to Boost Production. Forex Trading Short on Gold XAUUSD. July 08, 2025 04:17 AM
- Forex Range Trading Silver XAGUSD. USD Reversal? July 04, 2025 06:17 AM
- Forex Trading Gold XAUUSD in Ascending Triangle. USD Weaker Still. DAX Near All-time Highs. July 01, 2025 07:39 AM
- WTI & Brent Crude in “Wait and See” Mode. Forex Trading Short on USDCAD? US Indices Rising. June 25, 2025 11:38 PM
- USD Weaker. WTI & Brent Crude Volatile on Middle East Tensions. Gold XAUUSD at Support. June 23, 2025 10:48 PM
- US Interest Rates on Hold: Did you Buy the Dip on the NASDAQ? WTI & Brent Crude Higher on Middle East Tensions. June 20, 2025 04:00 AM
- WTI & Brent Crude Oil Volatile on Middle East Tensions. Interest Rates in Focus. Forex Trading Gold in Uptrend. Yesterday 09:15 AM
Open an account in minutes
Trade on our award-winning platforms with ultra-fast and ultra-secure execution.
OPEN AN ACCOUNT