Introduction Euro futures are testing an important support zone around 1.1550–1.1580 after the August recovery stalled near 1.1750. Price is trading around 1.15810, putting the market at a decision point: holding this area would preserve the possibility of another recovery, while a confirmed breakdown would expose the summer trading range below. This support zone could Read More…
Gold prices edged lower on Tuesday as traders awaited a likely rate hike during the FOMC meeting set for Wednesday. Rate hike expectations have risen significantly in the past week due to a surge in oil prices. The tensions in the Middle East have caused inflation worries, putting most major central banks on high alert. Read More…
Introduction Crude Oil has surged 25% in the past three weeks. Escalations in the Middle East and certain attacks, which led to Saudi Arabia’s East-West pipeline being shut down, have been the main factors causing the rise in oil prices. In our September 11 analysis, we identified $102–$105 as the main resistance zone and $100 Read More…
Equities pulled back on Tuesday as market participants prepared for the FOMC policy meeting. Fundamentals support a rate hike on Wednesday as the Fed tries to tame inflation and cool the economy. The tensions in the Middle East have caused a significant surge in oil prices, fueling price pressures. After months of speculation, market participants Read More…
Introduction Are we about to see the start of the next bullish move in Bitcoin? It has been nearly 12 months since the last Bitcoin peak. The previous major bear markets lasted roughly 12–14 months from peak to bottom, and if the cycle repeats itself, we are approaching that time frame within the next month. Read More…
Interest futures collapsed on Friday as yields soared with oil prices amid escalating geopolitical tensions. The war between the US and Iran continued to send fuel prices higher, especially since there is no end in sight. At the same time, the US Treasury Department announced a smaller-than-expected bond buyback on Wednesday, which weighed on interest Read More…
