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WTI oil prices edged higher on Tuesday after hitting a near one-month low, suggesting the steep decline, now in its second week, may pause. The drop was driven by profit-taking from the $66.98–$79.35 rally, influenced by statements from…
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EUR/USD regained momentum after an overnight dip, climbing back above the 1.05 level and breaking into the falling daily cloud (spanning 1.0490 to 1.0664) following a better-than-expected German Ifo report for January, which lifted market…
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Bitcoin saw a sharp decline, dipping below the psychological $100K support in early Monday trading. The price fell around 6% during the Asian session, marking the largest drop in weeks, driven largely by risk-off selling. This fresh drop…
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GBP/USD extended gains on Friday following stronger-than-expected UK PMI data, supported by a weaker dollar. The pair's fresh momentum broke above the daily Kijun-sen (1.2414) and approached the next key resistance at 1.2455 (50%…
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USD/JPY initially dipped early Friday following the widely expected 25 basis point rate hike by the Bank of Japan (BoJ). Despite this bringing Japan’s interest rates to their highest level in 17 years, the yen's weakness was short-lived, as…
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WTI crude oil remained under pressure on Thursday but showed signs of slowing its decline compared to the sharp drop in recent sessions, which saw prices fall by around four dollars. The market continues to weigh key factors, including…
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Gold prices surged to a fresh multi-week high early Wednesday, building on Tuesday’s strong 1.4% rally. The precious metal remains supported by robust safe-haven demand amid renewed uncertainties over President Trump’s trade policies, a…
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EURUSD declined on Tuesday morning, erasing nearly half of Monday’s 1.3% rally, which was driven by President Trump’s decision to hold off on implementing tariffs, contrary to initial plans to impose them immediately. The recent pause in…
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The dollar index fell sharply in early US trading on Monday, dropping 1% in reaction to media reports indicating that the new US President may delay imposing new tariffs on his first day in office. While tariffs were highlighted as a…
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WTI oil prices edged lower in early Monday trading, following last week’s repeated failures to break through the base of the daily Ichimoku cloud at $79.00. This created a weekly bull-trap, prompting partial profit-taking among traders.…
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