US Crude Jumps Above 50-DMA
Minutes from the Federal Reserve’s (Fed) latest policy meeting were more hawkish than expected. The […]
Subdued Trading Continues as Dollar Range Bound, Gold Extending Recovery
Commodity currencies are maintaining their position as the stronger performers of the week, while overall […]
Can Oil Reverse after OPEC+ Meeting?
Saudi Arabia and Russia, two of the world’s largest oil producers, have decided to extend […]
Oil Price Gets Harder to Grow
Oil has risen since last Thursday and regained momentum on Monday on news of new […]
AUD Drifts Lower
AUD/USD tests key support The Australian dollar slumps as slowing inflation could let the RBA […]
Crude Oil Price Stuck In Crucial Range Below $72
Key Highlights Crude oil price retested the key $66.90 support zone. A crucial resistance is […]
Oil’s Reduced Sensitivity to Geopolitics
Events in Russia at the end of last week have once again set the stage […]
Gold Price and Crude Oil Price Turn Red
Gold price is moving lower below the $1,928 support. Crude oil price is also declining […]
WTI Oil Futures Stay Directionless Inside Bearish Channel
WTI oil futures extended their horizontal trajectory within a broad bearish channel for another week, moving […]
GBP Consolidates Gains
GBP/USD seeks support Cable struggles as a flare up inflation last month sows doubt in […]
Oil: Short-Term Bounce Rather Than New Bull Market
Oil ended last week with growth, having found support at key price levels, but unlikely […]
WTI oil hovers in range on divided interpretation of output cut
Despite an early-week upswing, oil prices have struggled to extend gains and remain bounded within […]