WTI oil price eases from new highs as market awaits fresh signals from President Trump’s…
WTI oil price eased further in early Monday trading, after last week’s multiple upside rejections at the base of daily Ichimoku cloud ($79.00) left a weekly bull-trap, prompting traders for a partial profit-taking.
All eyes are…
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Bitcoin hits new record high in highly volatile trading ahead of Trump’s inauguration
Bitcoin was the top market performer at the start of the week, moving in a wild swings from the levels below 100K to new record high (109582) during the Asian session on Monday.
Euphoria over President Trump’s inauguration and the list…
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Gold continues to benefit from Fed’s recent dovish shift
Gold price eased from five-week high on Friday, driven by a partial profit-taking at the end of the week, following a three-day rally.
The yellow metal was supported by recent US economic data which showed weaker than expected US core…
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Bitcoin establishes above 100K as markets expect fast action from Trump’s pro-crypto…
BTCUSD continues to trend higher for the fourth consecutive day and is on track to register a firm break above 100K level (psychological barrier reinforced by daily Ichimoku cloud top and bear trendline off new record high).
Fresh…
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BTCUSD cracks 100K barrier as sentiment brightens
BTCUSD – quick rebound after recent strong downside rejection at key 90K support zone, probed through psychological 100K barrier, signaling that bulls are back to play.
The sentiment improved on news that incoming Trump’s administration…
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GBPUSD holds near new multi-month low, UK and US CPI reports in focus
Cable came under fresh pressure on Tuesday and looks for retest of new multi-month low (1.2099) after recovery from Monday’s strong downside rejection failed repeatedly at 1.2250 zone.
Bears regained control after a mild correction, with…
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WTI oil price rises further on supply concerns over the latest US sanctions on Russia
WTI oil price spiked to new multi-month high ($78.66, the highest since Aug 14) on Monday, as steep bull-leg off $72.83 higher low, extends into third consecutive day.
Growing supply concerns on the newest US sanctions on Russian oil…
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US non-farm payrolls surge well above expectations in December, unemployment rate falls
The US labor market displayed unexpected strength in December, ending the year on a robust note. Nonfarm payrolls surged by 256,000, significantly exceeding economists' expectations of a 160,000 increase.…
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AUDUSD – bears pressure key support as markets await release of US labor report
AUDUSD remains firmly in red and pressuring key support at 0.6170 (2022 low) after a brief recovery was repeatedly rejected above falling 20DMA and formed a double bull-trap on daily chart.
Bearish daily studies maintain downside…
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GBPUSD hits new multi-month low, bears eye 1.20 zone targets
Cable fell to 14-month low on Thursday morning, as steep bear-leg off 1.2575 lower top extends into third straight day.
Strengthening dollar, crisis about Britain’s fiscal outlook and uncertainty over Trump’s tariff plan, were the key…
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