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  • The European Central Bank policymakers signal quick policy normalization
  • Recovery faces headwinds but bulls remain in play above 10DMA
  • Relaxing China’s Covid restrictions and supply concerns keep the oil price supported
  • Gold remains in red despite inflation concerns but break of key $1800 support zone to confirm bearish stance
  • British inflation rises to 9% in April, the highest since 1982
  • Sterling was lifted by upbeat UK jobs data and expectations for hawkish BoE, as inflation is forecasted to rise to multi-decade high
  • Improved risk sentiment may spark deeper dollar’s correction
  • China’s industrial and retail activities slowed more than expected in April on Covid lockdowns
  • Bears may accelerate on break of 2017 low
  • Profit-taking pauses bears but Dow is still on track for big weekly loss

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crude inventories

Technical Outlook

Relaxing China’s Covid restrictions and supply concerns keep the oil price supported

Slobodan Drvenica May 18, 2022
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Technical Outlook

Oil price falls around 6% as supply fears ease

Slobodan Drvenica Mar 9, 2022
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Technical Outlook

Oil prices at the highest levels since 2008, psychological $120 barrier comes in focus

Slobodan Drvenica Mar 3, 2022
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Technical Outlook

Bulls take a breather ahead of OPEC+ meeting, crude inventories

Slobodan Drvenica Feb 1, 2022
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Technical Outlook

WTI price continues to rise on growing supply concerns

Slobodan Drvenica Jan 19, 2022
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Technical Outlook

Oil price regains traction on tight supply and continuing demand recovery

Slobodan Drvenica Jan 11, 2022
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Technical Outlook

Oil prices extend recovery on fading Omicron fears, Iran

Slobodan Drvenica Dec 7, 2021
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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

Oil risks deeper pullback on surprise build of inventories and rise in new Covid-19 cases

Slobodan Drvenica Oct 28, 2021
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Technical Outlook

Bulls are taking a breather under new 7-year high

Slobodan Drvenica Oct 22, 2021
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gold prints fresh session low at 1810. #forex #gold #metals #pricemoves #news #forexmarket #technicalanalsis #windsorbrokers

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usdjpy prints fresh session low at 127.89. #forex #usd #jpy #pricemoves #news #forexmarket #technicalanalsis

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usdcad trades sideways between 1.2821 & 1.2887. #forex #usd #cad #pricemoves #news #forexmarket #technicalanalsis #windsorbrokers

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ger30 prints fresh session low at 13689. #forex #ger30 #index #pricemoves #news #forexmarket #technicalanalsis #windsorbrokers

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eurusd trades sideways between 1.0483 & 1.0458. #forex #eur #usd #pricemoves #news #forexmarket #technicalanalsis #windsorbrokers

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Lastest Posts
  • The European Central Bank policymakers signal quick policy normalization
  • Recovery faces headwinds but bulls remain in play above 10DMA
  • Relaxing China’s Covid restrictions and supply concerns keep the oil price supported
  • Gold remains in red despite inflation concerns but break of key $1800 support zone to confirm bearish stance
  • British inflation rises to 9% in April, the highest since 1982

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