In focus today The conflict between Israel and Iran has now entered its second week. In a major escalation termed “Operation Midnight Hammer”, the US joined the battle early Sunday morning, targeting Iran’s nuclear ambitions Read more…
Key Highlights EUR/USD started a fresh increase from the 1.1440 zone. A major bearish trend line is forming with resistance at 1.1560 on the 4-hour chart. GBP/USD corrected gains and traded below the 1.3500 level. Read more…
WTI crude surged at the start of the week as geopolitical tensions flared after US airstrikes hit Iranian nuclear targets over the weekend. The move marks a dramatic escalation in the long-simmering conflict between Iran Read more…
Japan’s private sector showed a modest rebound in June, with PMI Composite rising from 50.2 to 51.4, the highest reading since February. The pickup was led by stronger services sector, which rose from 51.0 to Read more…
Australia’s private sector showed modest improvement in June, with the S&P Global PMI Composite rising from 50.5 to 51.2. PMI Services climbed from 50.6 to 51.3, while PMI manufacturing held steady at 51.0. According to Read more…
Brent Crude Oil (BZ) is a major global benchmark for crude oil pricing, primarily sourced from the North Sea between the United Kingdom and Norway. It is a light, sweet crude oil, characterized by a Read more…
AUDCHF is on the verge of completing a multi-decade bearish cycle from April 1992. However, it appears sellers will continue to push in the shorter cycles. Thus, the pair should attract short-term sellers, while long-term Read more…
GBPUSD: ⬆️ Buy GBPUSD reversed from support zone Likely to rise to the resistance level at 1.3600 GBPUSD currency pair recently reversed up from the support zone located between the support level 1.3400 (former resistance Read more…
Week in review: Central Bank Rate decisions and ongoing Israel-Iran conflict Geopolitical tensions remain high as Iran continues launching ballistic missiles toward Israel, prompting retaliatory strikes from Israel on Iranian military and nuclear infrastructure. While Read more…
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