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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

Oil price jumps on Saudi big oil cuts

Slobodan Drvenica Jun 5, 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 price rises on improved sentiment but faces strong headwinds at key resistance zone

Slobodan Drvenica May 23, 2023
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Technical Outlook

WTI Oil – Bears regained control but struggling to clear key $70 support

Slobodan Drvenica May 12, 2023
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Technical Outlook

Oil price extends weakness after 5.5% drop on Tuesday, driven by demand worries and expected…

Slobodan Drvenica May 3, 2023
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Technical Outlook

Bears to pause for consolidation after a heavy losses; near-term outlook remains negative

Slobodan Drvenica Apr 27, 2023
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Technical Outlook

Bulls to take a breather on overbought conditions but outlook remains bullish

Slobodan Drvenica Apr 14, 2023
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Technical Outlook

WTI Oil – narrow consolidation likely to precede fresh push higher

Slobodan Drvenica Apr 10, 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

Oil price surges on shock from OPEC+ decision

Slobodan Drvenica Apr 3, 2023
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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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