Brent Oil Price Did Not Rise Despite Iran’s Attack on Israel

Bullish Scenario: Intraday buys above 149.80 with TP: 150.50, TP2: 150.80, and TP3: 151.00 and 151.90 medium-term, with S.L. below 149.60 or at least 1% of account capital*. Apply trailing stop. Bearish Scenario: Sales below 150.50 with TP1: 149.80, TP2: 149.17, and 147.62 medium-term with S.L. above 150.80 or at least 1% of account capital*. […]

Hawkish FOMC adds further pressure on the BoJ as USD/JPY advances. Speculation builds that the BoJ will announce a more comprehensive cut to its bond buying programme. Fundamental Overview: FOMC Recap and BoJ Outlook The Japanese continued its slide this morning as USD/JPY edged higher toward the 160.00 psychological level. A brief respite yesterday for […]

ETHUSD spikes aggressively to the downside Rebounds quickly and moves sideways in the last sessions Momentum indicators are heavily tilted to the downside ETHUSD (Ethereum) experienced a sharp retreat following the formation of a double top pattern in the four-hour chart. Although the bulls managed to recoup some losses after the price tumbled to a fresh one-month […]