Oil Jumps on Hurricane Beryl, July 4th Demand

EURGBP tumbles, but finds support near 0.8400 RSI and MACD detect bearish momentum But a break below 0.8380 is needed for further declines A move above 0.8500 could keep the picture neutral EURGBP has been in a steady slide since August 8, when it hit the key resistance zone of 0.8625. That said, the pair […]

USDJPY bulls face limitations ahead of the US CPI inflation figures Short-term risk tilted to the upside, but confirmation required above 156.60 USDJPY recouped more than half of its sharp losses that occurred at the start of the month thanks to the bounce off the 50-day simple moving average (SMA) near 151.84. But the bulls […]

Silver prices have risen due to a supply and demand gap, with demand outstripping supply for the fifth consecutive year. Industrial demand, driven by green energy, AI, and EVs, now accounts for 64% of global silver demand. A potential slowdown in China’s economy and prolonged high interest rates could dampen silver prices. Bullish Pennant pattern […]