Ahmad Elbasioni 319 posts 0 comments

WTI crude oil rebounded above $90 per barrel on Tuesday, recovering from Monday’s sharp decline of around 10% that drove prices down to $84.50, the lowest level since March 11. The selloff followed President Donald Trump’s announcement of a…
Read More...

The US dollar maintains a firm tone and remains on track to register a second consecutive week of strong gains, benefiting from its role as a primary safe-haven asset amid rising global risk aversion. The surge in oil prices triggered by…
Read More...

USDJPY maintains a firm tone and is approaching Monday’s peak at 158.89, after the broader uptrend from the February 12 low at 152.26 was only briefly interrupted by a shallow correction between 158.89 and 157.27 during Monday and Tuesday.…
Read More...

WTI crude extended its pullback from Monday’s three-and-a-half-year peak at $119.44 on Tuesday, following a sharp and unexpected shift in market sentiment after President Donald Trump suggested that the war in the Middle East could end…
Read More...

In a scenario widely anticipated by the market, WTI crude opened the week with a significant upward gap, surging to nearly $120 per barrel — its highest level since mid-2022. Rising concerns over prolonged supply disruptions continue to…
Read More...

US Nonfarm Payrolls unexpectedly declined by 92K in February, compared with a downwardly revised increase of 126K in January, while economists had anticipated a gain of 50K. The unemployment rate rose to 4.4% from 4.3% in January,…
Read More...

WTI crude oil surged above $86 per barrel on Friday, extending its sharp rally into a fifth consecutive session and putting the market on track for its strongest weekly advance since early 2022, when the conflict in Ukraine first erupted.…
Read More...

USDJPY advanced on Thursday after the recent pullback from a new multi-week high at 157.96 (Mar 3) was contained by the rising 10DMA at 156.34. Price action on Thursday has so far formed a Hammer candle on the daily chart, suggesting a…
Read More...

Gold edged higher on Wednesday, gaining 1.6% in Asian and European trading, following a more than 4% drop on Tuesday. The yellow metal had come under pressure from a stronger US dollar, driven by increased safe-haven demand and reduced…
Read More...

WTI oil opened Monday with a sharp $6 upside gap after hostilities between Israel, the United States, and Iran erupted over the weekend. The front-month contract surged to $73.35 per barrel, up from Friday’s close at $67.30, marking its…
Read More...