Brent oil opened with gap-lower on Monday, easing from the highest in nearly seven months, hit last Friday, pressured by fresh hopes of potential easing of hostilities between the US and Iran. The pullback was so far limited (the price was down over $3 in European trading) as situation in the region remains fragile, particularly due to…

Brent oil rose to the highest since early May on Friday, extending strong bullish acceleration from $110 zone into second consecutive day (the contract advanced 2.6% on Thursday and additional 1.4% on Friday morning). Growing threats that the situation in the Middle East (Yemen and Iran) could completely run out of control if conflicts escalate,…

Gold fell to two-week low on Thursday on repeated attempt through $4100 support, as oil prices climb further on signals of escalation of the conflict in the Middle East. Rising inflation (the latest US data showed that CPI & PPI remain in an upward trajectory, implying that the Fed would keep interest rates elevated for extended period) will…

USDJPY fell sharply during late Asian/early European trading on Thursday (down 0.8%) and attempts to break below multi-day range, after the action was repeatedly capped by daily cloud top / 200DMA. Fresh drop weakens the structure on daily chart, as the price moves deeper into thick daily cloud and breaks below daily Kijun-sen (157.16),…

EURGBP continues to trend lower and falls to the lowest since late May 2025 on Wednesday. The Euro was pressured by rise of French 10-y bond yields to the highest in over four years and further stretch of French German yield spread, while hotter than expected UK inflation lifted pound. Firmly bearish daily studies contribute to negative…

AUDUSD jumped to three-week high on Wednesday, advancing almost 0.5% in Asian/early European trading, lifted by comments from RBA official about worsening inflation outlook that boosts the central bank’s existing hawkish stance. Fresh acceleration broke above psychological 0.70 resistance and cracked pivotal Fibo barrier at 0.7025 (38.2%…

EURUSD stays constructive on Tuesday after recovering from Monday’s gap-lower opening and dip below 1.12 handle, reinforced by 10DMA, but so far lacks strength for fresh attack at falling 20DMA (1.1257) which capped Friday’s rally. Technical picture remains predominantly bearish on daily chart as 14-d momentum holds in the negative territory…

Brent oil price eased from five month high in early Monday as decision of President Trump to lift sanctions and tariffs on Russia provided temporary relief. Oil price advanced over 4% on Friday and hit $110 zone which marks strong barrier (several attempts failed here in mid-September, as well as psychological) and break here to further sour the…