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WTI oil opened with an upside gap and advanced nearly 3% during Asian and early European trading on Thursday, driven by President Trump’s decision to impose sanctions on two major Russian oil suppliers. The move coincides with a new EU…
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The Euro softened in early Thursday trading, signaling that near-term bears from the 1.1728 lower top (Oct 17) are regaining control after Wednesday’s brief and limited recovery attempt. The pair remains firmly below the relatively thick…
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Gold remains in volatile mode, with sharp price swings continuing since late last night’s update, keeping both bullish and bearish scenarios in play. A brief wave of optimism followed Tuesday’s close above $4100, but subsequent gains…
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The pound remained under pressure for the third consecutive session, with fresh weakness on Tuesday reinforcing developing negative signals on the daily chart. Friday’s failed break above the daily cloud left a Doji candle with a…
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The Euro stayed under pressure on Monday, though losses remained limited, following Friday’s sharp upside rejection that left a bearish daily candle with a long upper shadow and created a bull-trap at the top of the daily cloud, signaling…
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BTCUSD extended its recovery for the second consecutive session, breaking above the 111K barrier after another strong downside rejection, when Friday’s brief dip below the ascending 200DMA and test of the 103500 zone failed to find…
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Gold traded in a narrow consolidation range on Monday, following a nearly 2% retreat from Friday’s new record high at $4380, triggered by President Trump’s unexpected remarks suggesting that the latest tariffs on Chinese imports would not…
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The dollar extended losses for the third consecutive session, pressured by the escalating US-China trade conflict and dovish comments from Fed Chair Powell, which reinforced strong market expectations for two rate cuts before year-end.…
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USDJPY extended its decline on Wednesday as dovish comments from Fed Chair Powell reinforced expectations for rate cuts in October and December, keeping the dollar under pressure. Fresh bearish momentum drove the pair to a one-week low,…
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The Euro edged higher in early Wednesday trading, supported by a weaker dollar after Fed Chair Powell’s latest remarks were interpreted as dovish, reinforcing market expectations for two rate cuts before year-end. Fresh upside momentum…
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