Brent price fell over 10% on Monday (down 5.5% on opening) driven by fresh wave of optimism after US and Iran paused hostilities, reviving hopes that diplomacy may replace attacks and lead towards possible solution. The action came at the right time, as oil price cracked critical barrier at $100 (violation of which would have significant…

Gold was among the gainers at the start of the week, as the metal started trading on Monday with gap higher and advanced around 1.5% in Asian trading. Softer rhetoric in geopolitical front, after US and Iran paused hostilities, opening way for potential diplomatic action, eased inflation concerns and deflated expectations for Fed rate hikes in…

The dollar consolidates after Thursday’s 0.35% jump but keeps firm tone and remains on track for weekly gain of over 0.5%. Bulls regained traction after two-legged pullback from new 2026 peak (101.55) registered a false break below trendline support (bull trendline drawn off 97.40 zone higher base), with subsequent bounce retracing the largest…

Brent price rose almost 4% during Asian / European sessions on Wednesday and hit the highest since June 11, fueled by mounting fears of deeper disruption in supply, as threats of closure of the Red Sea in a naval blockade of Saudi Arabia, adds to renewed conflict over control of Hormuz strait, which remains closed. Fresh price acceleration…

Gold rose around 1.5% on Tuesday as fresh signals of diplomatic action to de-escalate US-Iran war cooled inflation risks and expected to ease pressure on the US central bank. Quick change in sentiment made the yellow metal more attractive to investors, with the latest bounce from very significant $4000 support zone (contained several attacks in…

BTCUSD remains in a sideways mode for the past few sessions, showing mild reaction on geopolitical developments and recent key economic data (US inflation) with focus shifting towards major central banks. Near-term action remains underpinned by daily Tenkan-sen (63620) which tracks the price since July 2 and has created bull-cross with Kijun-sen…

Brent price spiked to five-week high on Monday after gap-higher opening and break above psychological $90 barrier, in extension of last week’s 13% advance, before quick pullback of about $5 that reversed all overnight gains. Geopolitics were again key market driver, with growing fears of further escalation that would put the whole Middle East on…

Oil prices regained traction and rose on Friday, advancing over 1.5% during European session, after being in a quiet mode in past two days. Double tight Doji candles on Wed/Thu signaled that traders were on hold after the latest rally and awaiting fresh signals. Escalation of the conflict between the US and Iran has again drastically reduced…