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...
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 Dollar recovery has struggled to gain momentum as markets increasingly price in the imminent start of the Federal Reserve’s rate-cutting cycle. This shift in expectations has helped limit losses for gold, keeping the yellow metal buoyed despite...
Good morning! Hope you're having a wonderful day! Looking at GBP/USD with the current price at 1.4414, and the lower price at 1.4297 and higher at 1.4467, here’s a fundamental and technical breakdown for a potential sell trade: Fundamental Analysis:...
NZD/USD has demonstrated resilience in maintaining its position above the pivot level of 0.5628, indicating that buyers are attempting to regain control. If this support holds, a rebound scenario is expected, with the potential for gains between 34...
