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…

Gold trades below $4000 level on Friday following Thursday’s break and daily close below this level (the first close well below the mark since 6 November 2025), after the price moved around 4K for almost one month, but all attacks failed to register a clear break lower. Fresh violation of very significant 4K support may signal an end of extended…

The dollar index regains traction after suffering losses in past two days, sparked by softer than expected US inflation data for June (CPI, PPI) that cooled expectations for Fed rate hikes. Wednesday’s break of trendline support (100.40) hit one-month low and generated bearish signal, though the price remained above pivotal 100 support…