The main events by the morning: January 29 The European Union plans to abandon Russian aluminum within a year. The EU intends to introduce a phased ban on imports of Russian aluminum as part of the 16th package of sanctions. Also, in accordance with...
The GBP/JPY currency pair continues to trade near a crucial pivot level of 192.46, which serves as an important determinant for future price action. If the pair maintains support above this level, the potential for a bullish rebound remains strong,...
US crude oil inventories surged unexpectedly last week, with the American Petroleum Institute (API) reporting a significant increase of 10.9 million barrels for the week, in contrast to the previous week's decline of 1.5 million barrels. Market...
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...
GBP/JPY is currently at a pivotal level, with 192.46 acting as a crucial support zone that could determine the pair’s next movement. If this level holds, a bullish rebound remains the preferred scenario, with potential gains ranging from 111 to 161...
