WTI oil -daily studies signal possible end of recent drop
WTI oil remains at the back foot on Thursday, but moving at the lower pace, compared to a steep fall in past few sessions when oil price was down around four dollars.
Key drivers of oil price were signals of increased US oil production…
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Gold rises further on uncertainties over US trade policies, weaker dollar
Gold price hit new multi-week high early Wednesday, in extension of Tuesday’s 1.4% advance, with near-term action being well supported by strong safe haven demand on fresh uncertainties over Trump’s trade policies that weakened dollar and…
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EURUSD – limited recovery suggests that larger bears hold grip
EURUSD fell on Tuesday morning, erasing about a half of Monday’s 1.3% rally, sparked by decision of President Trump to keep tariffs on hold, against initial plan to impose them from the day one.
A breather in the larger downtrend seems…
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US dollar dips across the board on signals that US tariffs may not be imposed immediately
The dollar index was sharply down in early US trading on Monday (losing 1% so far) in immediate reaction on media report, saying that new US President will stop short on imposing new tariffs on his first day.
Tariffs were among other…
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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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