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  • Gold extends steep fall below $1900
  • Crude oil prices rise on dominating supply factor
  • EURGBP in extended sideways mode and looks for fresh direction signal
  • EURUSD – bears may take a breather before larger downtrend resumes
  • Cable falls further, psychological 1.20 support coming in focus
  • Gold under pressure from strong dollar, attack at $1900 likely after consolidation
  • EURUSD dips to the lowest in over six months on weak German data and firmer dollar
  • USDJPY – bulls hold grip and eye 150 target
  • Dollar hits new multi-month high against the basket of major world currencies
  • Weak UK economic data add to cable’s negative outlook

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Technical Outlook

WTI OIL – extended production cuts to further underpin the price but gains might be tempered…

Slobodan Drvenica Sep 6, 2023
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Technical Outlook

Oil is consolidating after strong fall on Thursday, near-term bias remains with bears

Slobodan Drvenica May 26, 2023
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Technical Outlook

Oil steadies above $80 after Monday’s sharp rise

Slobodan Drvenica Apr 6, 2023
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Technical Outlook

Renewed China optimism keeps oil price afloat but the downside remains at risk

Slobodan Drvenica Jan 6, 2023
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Technical Outlook

Bulls accelerate on expectations for more dovish Fed

Slobodan Drvenica Jan 4, 2023
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Uncategorized

Gold keeps bullish near-term bias, eyes US inflation report for fresh signals

Slobodan Drvenica Sep 12, 2022
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Technical Outlook

Oil prices rebound after a false break through key supports; weaker dollar and supply concerns…

Slobodan Drvenica Jul 18, 2022
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Market News

Russia-Ukraine war

Slobodan Drvenica Feb 24, 2022
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Technical Outlook

Oil drops to five-week low on growing Covid concerns in Europe

Slobodan Drvenica Nov 19, 2021
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Technical Outlook

WTI rises for the seventh straight week on energy crunch; fears of supply shortage

Slobodan Drvenica Oct 18, 2021
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Lastest Posts
  • Gold extends steep fall below $1900
  • Crude oil prices rise on dominating supply factor
  • EURGBP in extended sideways mode and looks for fresh direction signal
  • EURUSD – bears may take a breather before larger downtrend resumes
  • Cable falls further, psychological 1.20 support coming in focus

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