I observe the NZDUSD daily chart and notice that price has been moving within a broad sideways structure for an extended period, fluctuating between roughly 0.55 as support and near 0.61 as resistance. The market does not show a sustained...
Strait of Hormuz blockade: bonanza for oil companies If military actions in Iran and the effective blockade of the Strait of Hormuz stretch into June, global oil prices could surge to a dazzling $200 per barrel, analysts at Macquarie Group warn. A...
USD/CAD Retreats to 1.3891 as "Ceasefire Diplomacy" Collides with a Stagnant Canadian Industrial Core The USD/CAD pair is undergoing a strategic "de-risking" phase this Thursday, April 2, 2026, drifting lower to the 1.3891 handle as the "Safe-Haven...
Gold (XAU/USD) is under heavy liquidating pressure this Thursday, April 2, 2026, crashing nearly 3.0% to trade near $4,612 and abruptly ending a four-day relief rally. The precious metal’s reversal was triggered by a dramatic shift in geopolitical...
CL 219 – Crude Oil Technical Analysis 1-Hour Timeframe (H1) Analysis Good afternoon, everyone. On the H1 chart, crude oil is signaling a potential decline. The price previously reached a significant resistance level near 82.03, where it faced...
