The Euro eased on Friday, suggesting that the strong four-day rally may be showing early signs of exhaustion as it approaches a key technical barrier at 1.1722, corresponding to the base of a declining and thickening daily Ichimoku cloud. Bulls had earlier managed to break through the strong resistance zone at 1.1667/1.1697, which includes the…

Gold maintains a firmer tone while trading within a narrow range and remaining below a key resistance level on Thursday, as market participants stay cautiously optimistic amid a still-fragile ceasefire in the Middle East. The market’s immediate reaction on Wednesday to the ceasefire announcement between the United States and Iran was strong,…

WTI oil prices declined sharply on Wednesday, dropping by around $18 in early Asian trading, following the announcement of a two-week ceasefire between the United States, Israel, and Iran, along with the partial reopening of the Strait of Hormuz, which helped ease supply concerns. The agreement represents an initial step toward potential…

WTI oil prices eased on Monday after touching a marginally higher peak at $115.42, as traders booked partial profits following a strong rally of over 13% in the previous session on Thursday. Market participants remain cautiously optimistic while awaiting further clarity on potential peace talks between the United States and Iran. However,…

Gold remained in positive territory for the fourth straight session, climbing in early Tuesday trading to its highest level since March 19, extending Monday’s strong rally when prices surged nearly 3.5% — the biggest daily gain since February 6. Monday’s decisive break and close above the key $4600 resistance zone (38.2% Fibonacci retracement of…

The US dollar maintained a firm tone and extended its gains against major peers on Thursday, supported by a rebound in oil prices — with Brent climbing back above $100 — which triggered a fresh wave of risk aversion and boosted demand for the safe-haven greenback. Diminishing hopes for a ceasefire, following the initial optimism that drove the…

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 peace deal with Iran and a delay in US military action targeting Iran’s energy sector, which triggered a…

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 the escalating conflict in the Middle East is increasing concerns about a renewed rise in inflation, which is…