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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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Global oil demand

Technical Outlook

Oil remains under strong pressure on prospect of US rate hike acceleration; US labor data eyed for…

Slobodan Drvenica Mar 10, 2023
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Technical Outlook

WTI oil collapses to 8-month low on growing recession fears

Slobodan Drvenica Sep 23, 2022
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Technical Outlook

Oil remains under pressure by growing demand concerns

Slobodan Drvenica Jul 25, 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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Technical Outlook

Oil is consolidating after a sharp fall on growing economic worries and robust dollar

Slobodan Drvenica May 10, 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 remain well supported by expectations for further rise in global demand

Slobodan Drvenica Jun 21, 2021
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Technical Outlook

Oil prices hit new multi-year high, lifted by improved demand outlook

Slobodan Drvenica Jun 14, 2021
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Technical Outlook

Renewed optimism over global demand recovery lifts oil price towards multi-week highs

Slobodan Drvenica May 3, 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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