Rising oil prices as double-edged sword for US economy As global Brent crude prices test the psychological barrier of $100 per barrel amid the conflict with Iran, the US economy is showcasing a newfound structural resilience. The historical role of...
GBP/USD Technical Outlook GBP/USD, the pair is currently locked in a primary bearish trend, characterized by a series of lower highs and lower lows. The most prominent technical feature is the thick, descending red line, which appears to be a...
I observe the EURUSD H1 chart showing a broader bearish structure that has been developing since the recent swing high near 1.1650, where sellers clearly gained control and pushed price into a sequence of lower highs and lower lows. The downward...
Gold Analysis As selling pressure increases, gold prolongs its Thursday drop and comes within striking distance of the crucial $4,600 per troy ounce zone. Markets are still processing the most recent FOMC decision, meanwhile persistent geopolitical...
USD/CHF Chart Analysis USD/CHF H4 chart shows a gradual transition from a ranging structure into a moderately bullish trend, with price currently attempting to consolidate after a recent upward push. Earlier price action was largely sideways,...
