The Brent oil chart today shows that the price has exceeded USD 89 per barrel — this is the highest level since the end of October 2023. Reasons for strong demand for oil: → The Read more…
Important events of this week for investors and traders in the US stock market could be the employment news, which will be published tomorrow at 15:30 GMT+3: → non-Farm Payrolls (NFP) report for March. According Read more…
UK PMI Services was finalized at 53.1 in March, down from February’s 53.8. PMI Composite was finalized at 52.8, down from prior month’s 53.0. Tim Moore, Economics Director at S&P Global Market Intelligence, said, “The Read more…
Eurozone PMI Services was finalized at 51.5 in March, up from February’s 50.2, a 9-month high. PMI Composite was finalized at 50.3, up from prior month’s 49.2, a 10-month high. Cyrus de la Rubia, Chief Read more…
AUDUSD holds within trading range Prices rise above SMAs RSI indicates more gains AUDUSD is surging after the rebound off the 0.6475 support level, surpassing the simple moving averages (SMAs) and extending its move towards Read more…
WTI futures in a steady advance since early December Posted a fresh 5-month peak before paring some gains Oscillators point to overbought conditions WTI oil futures (May delivery) have been in a slow but constant recovery from their December bottom of 67.97, Read more…
The dollar index remains in red for the third straight day and extend pullback from new multi-week high (104.83). Fresh bears pressure pivotal supports at 103.84/80 (Fibo 38.2% of 102.26/104.83 / top of thick daily Read more…
Daily Pivots: (S1) 190.93; (P) 191.44; (R1) 192.45; More….. Break of 191.65 minor resistance suggests that GBP/JPY’s pullback from 193.51 has completed at 190.02 already. Intraday bias is back on the upside for retesting 193.51 Read more…
Daily Pivots: (S1) 163.51; (P) 163.96; (R1) 164.85; More… Breach of 164.40 resistance argues that EUR/JPY’s pull back from 165.33 has completed at 162.59 already. Intraday bias is back on the upside for retesting 165.33. Read more…
Daily Pivots: (S1) 0.8553; (P) 0.8568; (R1) 0.8579; More… Intraday bias in EUR/GBP remains neutral at this point. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 has Read more…