Inflation No Longer the Only Risk
Federal Reserve (Fed) Chair Jerome Powell’s testimony yesterday wasn’t overly optimistic but it revived the […]
WTI Outlook: Correction Should Find Firm Supports at $80 Zone
WTI oil price is easing for the third day, correcting lower from new multi-week high […]
Oil Price Update – Oil Prices Fall as Gaza Talks and Hurricane Beryl Take Center Stage
Geopolitical events and weather disruptions are currently the main drivers of oil price fluctuations. OPEC+ […]
Market Analysis: Gold and Oil Prices Soar, More Gains Ahead?
Gold price started a fresh increase above the $2,342 resistance level. Crude oil prices are […]
Crude Oil Moved Up But Looks Vulnerable
Crude oil inventories in US commercial storage fell by 12.2 million barrels last week, marking […]
WTI Crude Oil Moves Sideways in the Very Short-term
WTI crude oil still above SMAs RSI and MACD indicate weakening momentum WTI crude oil […]
Brent Crude – Oil Runs into Resistance as EIA Inventories Fall
Brent Crude oil prices rose on Wednesday due to a larger-than-expected draw in US crude […]
XTIUSD: Strengthened and Reaching Supply Zone
Bearish Scenario: Sell below 83.63 (if a PAR* forms) with TP1: 83.00, 82.31, 82.11, and […]
WTI Oil Outlook: Price Rises Above $84 for the First Time in Over Two Months
WTI oil price rose to nine-week high on Tuesday, in extension of strong Monday’s strong […]
Euro, Yen Under Pressure, USD Bid
Mood yesterday was mixed on a series of mixed economic and corporate news. In Europe, […]
WTI Crude Oil Moves Sideways in Near Term
WTI crude oil fails to rally above 81.90 RSI and MACD remain above mid-levels WTI […]
Sentiment Improves Amid Nvidia Recovery, FedEx Earnings
Nvidia selloff didn’t deepen yesterday, on the contrary, the recent end-of-quarter / end-of-the-first-half pullback attracted […]