IqraFx

Oil prices seem to have remained in their tight sideways motion since last week. We are to discuss the upcoming tariff deadline from the US and the state of the US oil market once more . The report is to be concluded with a technical analysis of WTI’s daily chart. Tariff deadline next week The US’s

In the summer of 2025, the Euro presents a puzzling picture for investors and economists alike. While the currency has climbed to all-time highs on a trade-weighted basis—reflecting its strength against a basket of global currencies—it continues to weaken against the U.S. Dollar. This divergence ste

GBP/JPY trades with mild gains around 199.45 in Wednesday’s early European session.The constructive outlook of the cross remains intact above the key 100-day EMA, with the bullish RSI indicator. The key resistance level emerges at 200.00; the first support level to watch is 198.11. The GBP/JPY cross

Yesterday's Mexican inflation figures offered little relief: the seasonally adjusted core rate remained roughly consistent with the previous two months, Commerzbank's FX analyst Michael Pfister notes. Sticky inflation to delay Banxico cuts "This is unlikely to have allayed concerns at the Mexican ce

BTCUSD reached a record high in levels just shy of the $112,000 mark following the closing bell on Wall Street on Wednesday. Share: Feed news

Fears about the global trade outlook have crushed risk appetite on Monday and are weighing on the NZD.Trump is sending letters today, informing trading partners of the tariffs applied to their products.The RBNZ is expected to deliver a "dovish hold" this week, which might add pressure to the Kiwi. R

The week starts with renewed pressure on oil prices as OPEC decided to ramp up its production restoration plans by announcing an additional 548,000 barrels per day—well above the 411,000-increase expected. Members also said they will do the same at their September meeting. Hence, the 2.2mbpd restric

Gold price retreats from over a one-week high touched during the Asian session.A US-Vietnam trade deal undermines demand for the safe-haven precious metal. A modest USD uptick also weighs on the commodity ahead of the US NFP report. Gold price (XAU/USD) attracts some sellers during the Asian session

Let’s take a look at Forex Trading on WTI Crude Oil, Gold XAU/USD, the DAX, the S&P500, EUR/USD, and USD/CAD. Last time we spotted a short trade on USD/CAD, and look what happened. We may see a temporary technical reversal but if we move out to the daily chart, we see continuing USD weakness. In