West Texas Intermediate (WTI) crude oil futures, the benchmark for US crude, traded around $72.60 in post-settlement activity on Wednesday. WTI prices experienced a slight decline last week following a larger-than-anticipated increase in US crude...
The EUR/NZD pair remains under bearish pressure, trading below the critical pivot level of 1.8475, which has now become a significant resistance point. The technical indicators strongly favor continued downside momentum, with the RSI remaining...
This is a follow-up analysis of my prior report Oil Prices Slide Brent Crude Taps 200-day MA. Can it Snap 4-day Losing Streak? published on 13 January 2025. Click here for a recap.From a technical analysis standpoint, Brent has tapped into a key...
The price remains under strain, struggling to attract significant buyers as it hovers near a three-week low against the US Dollar (USD) ahead of the European session. Market expectations that the Bank of Japan (BoJ) will maintain its short-term...
The AUD/USD pair continues to consolidate near the 0.6202 pivot level, which remains a key determinant of future price action. A successful hold above this level could confirm a potential rebound, while a breakdown below it may accelerate bearish...
