Currency futures moved in favor of the US dollar on Monday as solid labor data and rising geopolitical tensions increased demand for the safe-haven dollar, while traders recalibrated their expectations for global interest rates. During Asian hours, the US Dollar Index stayed close to 100.25, supported by news that the US economy added 178k jobs Read More…
US interest futures are sending mixed signals this week amid uncertainty over the Fed’s next move and the broader state of the economy. Short-term futures, such as 30-day Federal Funds contracts, indicate that investors disregard the odds of an immediate rate hike. After Fed Chair Powell said inflation is slowing, but the central bank is Read More…
Introduction Crude oil continues to trade in a clear short-term uptrend, and the latest price action is starting to confirm that buyers are still in control. On the 4H chart, the structure is clean: higher highs and higher lows, with price consistently finding support on pullbacks. The recent dip into the 96–100 area held well, Read More…
Oil prices surged more than 6% in Thursday’s Asian session as markets adjusted to the fact that the US and Iran are likely to stay in a long-term conflict. President Trump’s recent speech did not make it clear how the situation could be de-escalated. Benchmark Brent crude rose more than 6% to trade above $107 Read More…
Introduction As the conflict continues in the middle east, the price of crude oil keeps moving higher. This is due to supply disruption as the Strait of Hormuz remains shut. Petrol prices are rising across the globe and some analysts are predicting $200 Oil if the conflict does not find a resolution fast. For traders Read More…
Introduction ES has bounced after prices have been declining since the start of the war in the Middle East 4 weeks ago, but the overall structure has not improved yet. The move down broke important support levels and pushed price below the 200-day moving average, which shifts the short-term trend to bearish. Right now, price Read More…
