As of June 16, 2026, oil fundamentals are favorable due to promises to open the Strait of Hormuz shipping channel and a ceasefire agreement between the United States and Iran. For months, the Strait has limited oil exports to the Middle East, which...
The USD/JPY currency pair continues to maintain a strong upward trend, and the current technical outlook remains favorable for buyers. One of the key signals supporting this bullish view is the 120-period Exponential Moving Average (EMA) on the...
Gold prices forecast Four hour chart On 4H chart Gold made sharp V-recovery from bottom. June 12 price was at 4064.93 green support. June 17 price hit 4330.36. That is $265 move up in 5 days. Blue 20 MA is at 4305.28, price 4330.36 is $25 above it...
Technical analysis of AUDUSD Today I choose AUD/USD for technical analysis. The AUD/USD market price fell steadily, helping the price to pull back from the downtrend line. Struggling prices are currently well below the 50-day simple moving average,...
$ARCC – Bullish Range Compression Setting Up for Breakout ARCC has completed a clean recovery after breaking out a bullish wedge pattern and is now consolidating in a well-defined range between $18.50 support and $19.40 resistance. The price...