Sunset Market Commentary – ActionForex
Markets Selling pressure on global bond markets eased a bit yesterday. Even so, the relieve, if any, was small compared to the sharp rise especially of long-term yields at the…
WTI Price Forecast: Approaches over two-month high above $107
West Texas Intermediate (WTI), futures on NYMEX, is up 0.7% higher to near $102.75 during the European trading session on Tuesday. The Oil price trades higher as the global energy…
GBP/USD: Sellers Rretain Control Below Key SMAs
GBP/USD stays cautious below SMAs at 1.3420 as UK unemployment rate rises. Short-term bias is bearish; fresh sellers await below 1.3200. GBP/USD remains capped below its 50- and 200-day simple…
Norwegian Krone: Energy shock supports strength – Commerzbank
Antje Praefcke at Commerzbank highlights that the Norwegian Krone (NOK) has outperformed Euro (EUR) and US Dollar (USD), helped by Norway’s status as a net Oil and gas exporter during…
Oil: Fragmented energy order risks new price splits – Rabobank
Rabobank’s Michael Every and Joe DeLaura argue that the Iran War could accelerate a shift from unified Oil markets towards Balkanised pricing and settlement blocs. They highlight historical precedents for…
EURUSD Zigzag Correction Points to Elliott Wave Support at 1.148–1.160
EURUSD is unfolding a corrective zigzag structure from the April 17, 2026 high. First, wave A ended at 1.1655, establishing the initial leg of the decline. Then, wave B rallied…
Oil falls 2% as Trump holds off scheduled attack on Iran
Oil falls 2% as Trump holds off scheduled attack on Iran Source link
USD/JPY Forecast: Holds near 159.00 amid geopolitical risks
The USD/JPY pair trades with positive bias for the seventh straight day and is currently placed around its highest level in nearly three weeks, with bulls looking to extend the…
Swiss Franc weakens as USD receives support from rising odds of Fed hawkish stance
USD/CHF recovers its recent losses registered in the previous day, trading around 0.7860 during the Asian hours on Tuesday. The pair appreciates as the US Dollar (USD) draws support from…
AUDUSD Wave Analysis – ActionForex
AUDUSD: ⬆️ Buy AUDUSD reversed from pivotal support level 0.7110 Likely to rise to resistance level 0.7265 AUDUSD currency pair recently reversed up from the pivotal support level 0.7110, which…
