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  • BRENT OIL continues to advance on persisting uncertainty in the Middle East
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  • EURUSD – bulls take a breather ahead of fresh advance
  • GOLD rises over 3% on weaker dollar
  • UK inflation jumps to four-month high in July
  • DOLLAR INDEX breaks key supports
  • GOLD – bulls take a breather under new multi-week high ahead of US economic data
  • US inflation eases in July
  • Brent price falls after recovery failed to clear important $90 barrier
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Technical Outlook

BRENT OIL continues to advance on persisting uncertainty in the Middle East

Slobodan Drvenica Aug 21, 2026
Technical Outlook

BTCUSD hits the highest in almost four months following rally of over 20% in past three days

Slobodan Drvenica Aug 21, 2026
Technical Outlook

Brent price rises on fresh escalation in the Middle East

Slobodan Drvenica Jun 1, 2026
Brent oil price rose around 2% in early Monday trading (on track for the first daily gain after being eight days in red), following fresh escalation in the Middle East (escalation in Lebanon and fresh US attack on Iran and their subsequent…
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Technical Outlook

Gold -recovery picks up after strong downside rejection

Slobodan Drvenica May 29, 2026
Gold price rises for the second consecutive day, as the latest reports of an extension of ceasefire in the Middle East (although with pending approval from President Trump), brightened near-term outlook. Thursday’s strong downside…
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Technical Outlook

Bitcoin accelerates lower and cracks important supports

Slobodan Drvenica May 28, 2026
BTCUSD fell to the lowest in six weeks on Thursday, with daily loss of over 3% seen on acceleration of the bear-leg that extends into third consecutive day. Fresh rise in oil prices on renewed tensions in the Middle East, was mainly…
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Technical Outlook

Brent oil hits one month low on the latest optimistic signals about potential peace deal

Slobodan Drvenica May 27, 2026
Brent oil fell over 5% on Wednesday on fresh optimism about potential end of US-Iran war and re-opening of Hormuz strait. The price fell to the lowest in over one month, adding to growing bearish signals after the action was capped by…
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Technical Outlook

Gold remains at the back foot on fragile geopolitical situation

Slobodan Drvenica May 27, 2026
Gold holds in red for the second consecutive day on Wednesday and pressure the floor of seven-day range ($4453), also moving into lower part of short-term bear-channel (off $4889, mid-Apr peak). Fading hopes of a peace deal in the Middle…
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Technical Outlook

EURUSD regains traction but faces a number of strong technical barriers

Slobodan Drvenica May 27, 2026
The Euro edged higher on Wednesday morning but still holds within a narrow range that extends into third straight day and below strong technical resistances. Lack of clearer signals (geopolitical / macroeconomic) keeps near term action…
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Technical Outlook

USDJPY – thick daily cloud underpins strongly but traders cautious on looming intervention

Slobodan Drvenica May 26, 2026
USDJPY jumped on Tuesday as short-lived risk appetite was hit by renewed tensions in the Middle East that pushed the price to the upper side of a narrow near term range (158.80/159.35). The action remains well supported by thick daily…
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Technical Outlook

Fresh risk appetite on US-Iran talks optimism deflates dollar

Slobodan Drvenica May 25, 2026
The dollar fell across the board at the start of the week, pressured by renewed risk sentiment on growing hopes of a deal between the US and Iran to reopen Hormuz strait and prevent deeper crisis on prolonged supply shortage. Although…
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Technical Outlook

Brent gaps lower and falls below $100, on growing optimism over US-Iran peace talks

Slobodan Drvenica May 25, 2026
Brent oil opened with a gap-lower and hit the lowest in more than two weeks on Monday ($96.88), driven by fresh wave of optimism about potential US-Iran peace deal, although key points of negotiations are still to be discussed. Fresh…
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Economy

UK retail sales fell sharply in April

Slobodan Drvenica May 22, 2026
British retail sales fell by 1.3% in April, in the biggest monthly drop in one year, after 0.6% expansion in March and disappointing expectations for decline by 0.6%. Sharp fall in fuel sales (the largest monthly fall since the Covid…
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Latest Posts
  • BRENT OIL continues to advance on persisting uncertainty in the Middle East
  • BTCUSD hits the highest in almost four months following rally of over 20% in past three days
  • EURUSD – bulls take a breather ahead of fresh advance
  • GOLD rises over 3% on weaker dollar
  • UK inflation jumps to four-month high in July

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