Iran re‑closes Strait of Hormuz after brief opening Global oil prices spiked in early Asian trading on Monday after the United States reported the seizure of an Iranian‑flagged cargo vessel and Tehran moved to re‑block the Strait of Hormuz following...
EUR/USD Forecast: Euro Gains Momentum Amid Diverging Central Bank Sentiment The EUR/USD pair is demonstrating notable resilience today, currently trading at 1.1705 as market participants digest a shifting macroeconomic backdrop. The fundamental...
EURUSD TECHNICAL ANALYSIS (H4) This technical analysis of the EUR/USD H4 chart highlights a market currently navigating a consolidation phase following a distinct downtrend. Market Context and Price Action The chart depicts a clear transition...
IEA proposes hiding Iraqi oil in pipelines to keep it away from Iranian fleet Against the backdrop of lingering shipping instability in the Strait of Hormuz, the International Energy Agency (IEA) has put forward a plan for a radical overhaul of...
USD/CHF Technical Outlook USD/CHF H4 chart shows a broader bearish structure that has been developing since the early April rejection from the 0.8000 region, where price failed to sustain higher highs and instead printed a series of lower highs and...