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AUD/USD currency pair

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2 M

Crude Oil has reversed down since the middle of April and moving averages are acting as resistance at the top, confirming the bearish trend Full Article

5 M
Will the downtrend resume again for Oil?

Crude Oil closed a bullish week as Saudis hiked prices, despite a huge buildup in the US EIA inventories Full Article

7 M
Crude Oil continues to make lower highs

Crude Oil is heading for the 100 SMA which is keeping the trend bearish since June last year and the next test is coming up Full Article

7 M
EIA inventories showed another decline for last week

Crude Oil has been making some decent gains since early last week as global economy improves, but buyers are facing major resistance above Full Article

8 M

China's manufacturing and services are bouncing in expansion as the grand reopening goes underway, which will help improve risk sentiment Full Article

8 M
EIA inventories showed another decline for last week

Crude Oil has been losing $4 in each of the last two days and yesterday's API private inventories showed a bigger-than-expected buildup Full Article

9 M
Oil fell to the lowest level since December 2021

Crude Oil has formed a bullish reversing pattern but it is facing the 50 daily SMA as resistance Full Article

9 M
Gold and Silver are losing the momentum

Gold continues to show strong buying pressure and yesterday we saw a jump above $1,833 after news of China reopening Full Article

9 M
The Chinese dragon is coming back

The pressure has been bullish on EUR/USD today as sentiment remains slightly positive on China reopening Full Article

9 M
When will the RBA start cutting rates?

AUD/USD was rejected by the 200 daily SMA last week and it is facing the 100 SMA now, with the Australian economy slowing down Full Article

9 M
The stronger USD is also weighing on Oil

There have been rumours of the petrodollar being dumped when the covid pandemic started, now China is asking for Oil to be settled in yuan Full Article

10 M
WTI Oil still remains bearish despite the jump higher

Oil has jumped $1.5 off the lows as the comments on a reopening in China are improving the sentiment in financial markets Full Article

10 M

Yesterday crude Oil fell to $73.60 after opening with a bearish gap, but it reversed back up pretty fast Full Article

10 M
Cash flows escalating the moves

Yesterday we saw some large moves in both sides, as risk sentiment reversed, although month-end flows have had an impact as well Full Article

10 M
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