WTI Oil Technical: Potential Bullish Reversal “Descending Wedge” in Play
Major downtrend phase from the 7 March 2022 swing high has evolved into a potential […]
Gold Price Dips While Crude Oil Price Could Extend Gains
Gold price is correcting lower from the $1,988 resistance. Crude oil price is rising, and […]
GBP Sees Pullback
GBP/USD seeks support The pound tumbled after the UK’s consumer price growth showed a noticeable […]
UK Inflation Offers Hope for the Bank of England
It’s been a long time coming but inflation in the UK is finally on the […]
Commodities Down in Mild Risk-off Markets, Swiss Franc Firm With Dollar and Euro
With mild risk aversion permeating the markets, Gold and some other commodities are weakening notably […]
Too Early to Celebrate Disinflation
Current up moves in long-duration equities and fixed income came at the expense of a […]
Crude Oil Price Extends Rally Above $75, US CPI Eases To 3%
Key Highlights Crude oil price started a fresh increase above the $72.50 resistance. A key […]
Gold Tries to Recover
GBP/USD breaks higher The pound advanced after resilient UK wage growth put pressure on the […]
Gold Price Struggles While Crude Oil Price Aims Higher
Gold price is moving lower below the $1,918 support. Crude oil price is rising as […]
Gold Strives for Support
USD/JPY seeks support The US dollar steadies as minutes from the Fed policy meeting cement […]
WTI Oil: Fresh OPEC+ Production Cuts Inflate Oil Prices
WTI oil keeps firm tone on prospect of tighter supply after the biggest world oil […]
Oil and Copper slide after China concerns
The release of disappointing Chinese economic data earlier today has cast a shadow on global […]