Oil prices gain on renewed US-Iran hostilities
Oil prices gain on renewed US-Iran hostilities Source link
EUR/HUF: Downtrend extends with targets at 352/350 – Societe Generale
Societe Generale analysts highlight a steep EUR/HUF decline after failing to hold above the 200‑day moving average in March and breaking April’s low. They describe a stretched move with MACD…
Chart Alert: GBP/USD Potential Bullish Reversal Above 20-Day Moving Average
Key takeaways GBP/USD remains supported despite renewed US-Iran tensions, with traders now closely focused on upcoming US labour market data and University of Michigan consumer sentiment figures that could drive…
Silver: Structural Deficit Amid Declining Demand
Fundamental Background The structural deficit in the silver market has now persisted for a sixth consecutive year. According to forecasts by the Silver Institute, the gap between supply and demand…
Sunrise Market Commentary – ActionForex
Markets The shaky ceasefire between the US and Iran stumbled again late last night. Iran fired on three US Navy destroyers sailing in the Strait of Hormuz. The US responded…
Crude Oil on Path to $90 as the Peace Trade Continues – WTI Technical Analysis
WTI Oil took a significant hit throughout yesterday’s session as Axios revealed a more US-Iran deal under construction, and these flows are extending in today’s session Confirming its price action…
USD/CAD Forecast: Edges lower to 1.3650 ahead of jobs data
The USD/CAD pair struggles to build on its gains registered over the past two days and trades with a mild negative bias during the Asian session on Friday. Spot prices,…
EUR/USD Forecast: Holds above 1.1700; bulls seem hesitant ahead of NFP
The EUR/USD pair trades with a mild positive bias around the 1.1730-1.1735 region during the Asian session on Friday and, for now, seems to have stalled the previous day's modest…
April NFP expected to rise by 62K after strong March surprise
The United States (US) Bureau of Labor Statistics (BLS) will release the Nonfarm Payrolls (NFP) data for April on Friday at 12:30 GMT. Investors will scrutinize the underlying details of the…
USD/JPY Recovery Strengthens As Markets Await Key NFP Catalyst
Key Highlights USD/JPY started a recovery wave from the 155.00 support zone. A bullish trend line is forming with support at 156.45 on the 4-hour chart. EUR/USD is now at…
