Technical Analysis of Oil 1. Chart Description: The chart shows the price movement of oil on a 4-hour timeframe. The price is currently trading within the blue channel, which represents the trend over the past two trading weeks, while the...
The GBP/USD pair is currently demonstrating a "V-shaped" resilience. I see the pair trading at 1.3603 USD, successfully defending the 1.3500 handle despite a cloud of UK political uncertainty. The market is currently balancing a "softening" US...
It's a tough call. While the Fed has been on a pause lately with rates around 3.5%–3.75%, that core inflation still feels pretty persistent, especially with energy prices being so unpredictable. I wouldn't be surprised if they just hold steady for...
Crude oil markets are once again trading under the shadow of geopolitical instability, and the latest rebound in West Texas Intermediate suggests investors are rapidly rebuilding the risk premium they had started to unwind only days ago. After...
The Australian Dollar opened the week under mild pressure, but the weakness faded quickly once buyers returned around the lower intraday levels. AUD/USD slipped early as the US Dollar strengthened on renewed geopolitical concerns, yet the pair...
