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Oil prices rebounded as Middle East ceasefire hopes faded amid renewed strikes. USOIL bounced from support at 67.00, retested EMA21 and 74.50, and stays below bearish EMAs. Remaining below 74.50 may see a retreat toward the support at 67.00. https://t.co/hfADz9Dohv
The pound-dollar strengthened as renewed energy supply concerns lifted UK inflation risks and supported a hawkish BoE outlook. GBPUSD retested 1.3170, broke above 1.3300 and rose toward 1.3480 within a Descending Triangle. Failure above 1.3480 may trigger a drop below 1.3300. https://t.co/pLOODX8pKx
Bitcoin prices recovered following US crypto regulatory developments despite ETF sales. Bullish EMAs suggest a potential continuation of the uptrend. Holding above 64000 may prompt the price to retest the resistance at 64800. https://t.co/oNWOF9VKcY
Gold prices held steady as markets weighed Middle East tensions and an uncertain Fed outlook. Unclear market structure and flattening EMAs suggest potential for near-term consolidation. Remaining below 4125 may prompt the price to fluctuate within the 4080-4125 range. https://t.co/SJYGIz2DU5
Alex Muoki speaks about the next frontier for African creators in the trading industry: tapping into international markets and collaborating with a worldwide community of traders. In his own words, the future has never looked so bright. https://t.co/sYokv2uP7g
Strong Jun corporate goods prices kept the yen rangebound. USDJPY failed to hold above 162.40 and formed a Descending Triangle near EMA24. The plummet with strong momentum confirms a bearish shift. Plunging below 161.60 may spark a decline toward the next support at 161.20. https://t.co/utHbr0kNgU
Lower energy prices and a weaker US dollar supported silver prices. XAGUSD rose above 60.00 and hovered around EMA120. Converging EMAs indicate sideways momentum. Clearing below 60.00 may prompt a plunge toward 58.90. https://t.co/GIFYiROAyg
Oil prices fell as markets priced in a limited conflict, easing supply-disruption fears. After retesting 74.38, USOIL plummeted to retest 71.30 and EMA120. The price is between converging EMAs, suggesting consolidation. Clearing EMA24 and 72.80 may lift USOIL toward 74.38. https://t.co/Acc6BPMCa6
The pound-dollar edged higher on easing oil prices and a softer US dollar. GBPUSD briefly retested EMA24 before recovering above 1.3410. The price remains above diverging bullish EMAs, suggesting an uptrend extension. Clearing 1.3450 may lift GBPUSD toward 1.3483. https://t.co/Z9iI4Rg3ML
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