Market Analysis: Gold and Oil Prices Aim For Further Gains
Gold price started a fresh increase above the $2,432 resistance level. Crude oil prices are […]
Strong US Retail Sales Send Yields Soaring
In focus today Today we get UK retail sales data for July at 8.00 CET. […]
Crude Oil Prices Vulnerable: Is a Fresh Decline on the Horizon?
Key Highlights Crude oil prices struggled to clear the $80.00 resistance zone. A connecting bullish […]
Brent Crude Oil Faces Demand Concerns Despite Recent Gains
After five consecutive days of upward movement, Brent crude oil is now experiencing a consolidation […]
US July Producer Price Inflation Today Serves as Amuse-Bouche Ahead of Consumer Prices Tomorrow
Markets Japanese stock markets outperform this morning (Nikkei +3%) after returning from a long weekend […]
Brent Crude Oil Analysis
Brent crude oil reversed from support zone Likely to rise to resistance levels 81.60 and […]
Oil May Begin a Fresh Climb Soon
Oil prices rose for the third consecutive session on Thursday, driven by easing demand concerns […]
Crude Oil Prices Path to Recovery: Major Challenges Ahead
Key Highlights Crude oil prices found support near the $72.00 zone. A connecting bearish trend […]
Brent Oil Price Analysis: Anticipating a Correction
Brent crude oil’s price increased to 76.88 USD per barrel on Wednesday, continuing to rise […]
Oil Prices Near Recent Lows: Demand Concerns Keep Bulls at Bay
Oil prices remain subdued due to recession fears and demand concerns. US stockpiles unexpectedly increased, […]
Oil (CL) Should Continue Lower to Build an Impulsive Structure
Short Term Elliott Wave View in Oil (CL) suggests that cycle from 4.12.2024 high is […]
OPEC downgrades oil demand growth estimates for 2024
OPEC downgraded its global oil demand forecast for 2024, now expecting an increase of 2.11 […]