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  • 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
  • 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
  • Reserve Bank of Australia keeps rates unchanged but signals possible further policy tightening

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Technical Outlook

SPOT Gold – directionless between $1291 Fibo support and 10SMA at $1297

Slobodan Drvenica Jun 5, 2018
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Technical Outlook

WTI OIL – consolidation above daily cloud base to preceded fresh downside

Slobodan Drvenica Jun 5, 2018
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Technical Outlook

USDJPY may show further hesitation ahead of key Fibo / 200SMA barrier at 110.15

Slobodan Drvenica Jun 5, 2018
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Technical Outlook

GBPUSD holds within tight range; UK Services PMI could provide fresh direction signal

Slobodan Drvenica Jun 5, 2018
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Technical Outlook

EURUSD – positive tone above 10SMA focuses next key barrier at 1.1753

Slobodan Drvenica Jun 5, 2018
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Technical Outlook

AUDUSD – bulls consolidate under falling daily cloud; no impact from RBA

Slobodan Drvenica Jun 5, 2018
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Technical Outlook

SPOT GOLD – 10SMA to cap consolidation and keep bearish bias

Slobodan Drvenica Jun 4, 2018
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Technical Outlook

WTI OIL – consolidation is expected to precede fresh weakness; daily cloud top to cap upticks

Slobodan Drvenica Jun 4, 2018
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Technical Outlook

USDJPY recovery faces strong headwinds from 20SMA barrier

Slobodan Drvenica Jun 4, 2018
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Technical Outlook

EURUSD needs close above two-day congestion top to generate stronger bullish signal

Slobodan Drvenica Jun 4, 2018
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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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