WTI Oil – bearish bias below $90 barrier
WTI oil opened $5 higher and gained over 6% at the start of the week, as “Trump Indicator” (one of key fundamental market drivers nowadays) changed direction during the weekend on fresh tensions over Strait of Hormuz, which was opened on…
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Gold price drops on renewed geopolitical tensions and stronger dollar but remains with near-term…
Gold opened with gap-lower on Monday, hitting levels around $150 lower from Friday’s high, as sentiment changed again on escalation over the weekend that resulted in closure of Hormuz strait.
Fresh negative developments on the ground…
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Brent oil price falls 10% as Iran opens Hormuz Strait
Crude oil prices were sharply down on Friday on announcement from Iranian government that the Strait of Hormuz was open for all commercial vessels.
Brent crude price fell around 10% immediately after the announcement in early…
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EURUSD hits pre-war levels, on track for further gains on growing risk appetite
The Euro jumped to two-month high on Friday, as bulls regained traction after eight-day rally paused for narrow consolidation in past two sessions.
Further drop of the dollar continued to fuel risk appetite and provided fresh support to…
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WTI Oil – growing optimism continues to pressure oil prices but more evidence still needed to…
WTI oil price fell on Friday following repeated failures to register close above $90 barrier and pressure the base of near-term congestion, defined by the base of daily Ichimoku cloud, as the price action moves within the cloud (spanned…
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BTCUSD – bulls pause after cracking important barriers
Bitcoin price edged lower after the acceleration in past three days broke above Fibo level at 74375 (38.2% of 97946/59805) and cracked strong barriers at 74575/74775 (daily cloud top / 100DMA).
Fresh optimism about…
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USD Index – bears take a breather above new multi-week low
The dollar edged higher on Thursday as traders booked profits from the recent fall, which accelerated in past three sessions and hit the lowest since late February.
Oversold conditions on daily chart prompted a…
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AUDUSD – consolidation may precede final push towards 2026 peak
AUDUSD keeps firm tone and hit new (marginally higher) one-month high on Wednesday, underpinned by renewed risk appetite on growing hopes on a peace solution between the US and Iran.
Multiple daily MAs bull crosses and strengthening…
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GBPUSD – bulls pause for consolidation after uninterrupted 7-day rally
Cable edged lower on Thursday, as bulls take a breather after strong rally in past two days (part of larger seven-day rally) that hit two-month high (1.3589) on Tuesday and probed above the top of thickening daily Ichimoku cloud (1.3561).…
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USD Index – downside remains at risk despite fresh signals of war escalation
The dollar opened higher on Monday, following fresh signs of escalation in the Middle East after US/Iran peace talks failed, but lacked strength to maintain gains, reversing a good part of its overnight advance during European and early US…
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