WTI oil price jumped above $86 per barrel on Friday, extending steep ascend into fifth straight day, on track for the biggest and steepest weekly gain since early 2022, when the war in Ukraine started. Growing fears of stronger supply disruption due to closure of Hormuz strait and signals that war may extend until September, or more worrying…

USDJPY strengthened on Thursday after a pullback from new multi-week high (157.96, hit on Mar 3) was contained by rising 10DMA (156.34). Thursday’s action has so far been shaped in a Hammer candle that signals potential end of a shallow correction (157.96/156.44). Overall structure remains firmly bullish on daily chart, supported by strong…

Gold price edged higher on Wednesday (up 1.6% in Asian / European trading) after falling over 4% on Tuesday. Stronger US dollar on increased safe-haven demand and fading prospects of Fed rate cuts, pressured yellow metal, although Wednesday’s recovery, which retraced around 50% of the previous day’s drop, suggests that losses are likely to be…

WTI oil started trading with $6 gap higher on Monday after the conflict between Israel/US and Iran started over the weekend. The contract price jumped to $73.35 per barrel so far, following Friday’s close at $67.30, hitting the highest since June 23. Although markets anticipated such scenario, immediate reaction was in a way limited, in view…

Gold price jumped in early US session on Friday after holding within a narrow range during Asian / European trading, as bull regained traction after three-day consolidation under new recovery high at $5249 (Feb 24). Overall technical picture remains bullish, with today’s break above the upper boundary of triangle (daily chart)…

Cable edged higher on Wednesday and retests the ceiling of near-term range in which the price holds for the third straight day. Double-Doji candle (Mon/Tue) with longer upper shadows points to indecision, as technical studies remain mixed. Rising daily Ichimoku cloud (spanned between 1.3428 and 1.3302) underpins, while diverging daily…

AUDUSD jumped to two-week high (0.7116) in early Wednesday’s trading following release of Australian CPI data. Inflation remained elevated and unchanged in January compared to previous month (3.8%; Core 3.4% - the highest in 16 months) beating forecasts (3.3%; Core 3.7%) and boosting bets for another rate hike, after the RBA raised interest…

USDJPY jumped 0.9% on Tuesday after Japan PM Takaichi raised concerns about BoJ’s further interest rate hikes that collides with wide market expectations for increase in borrowing cost by 1% in the first six months of 2026 and the first action expected as early as April. Fresh uncertainty about anticipated monetary policy trajectory deflated…