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Since our last report, oil prices have moved sharply higher. In today’s report, we are to have a look at some key issues that tend to tantalise oil traders, primarily related to the recent geopolitical developments in the Middle East and the demand and supply factors of the US oil market. We are to

USD/CAD trades flat around 1.3670 in Wednesday’s early Asian session. A potential US-China trade deal could provide some support to the US Dollar. The BoC held the key rate steady but says a future cut is possible. The USD/CAD pair holds steady near 1.3670 during the early Asian session on Wednesday

Weekly thoughts There has been a massive, huge, epic! breakout in the price of silver. Last week, silver (XAG/USD) hit $36 per oz, its highest level in 13 years. Silver has been a top performer in 2025, now up more than 20% year to date. Although it is still lagging gold, which has powered higher by

The Japanese Yen attracts some intraday sellers amid a combination of negative factors. Calls for the BoJ to slow tapering beyond 2026 and a positive risk tone undermine the JPY.The divergent BoJ-Fed policy expectations should cap any meaningful upside for the pair. The Japanese Yen (JPY) retreated

EUR/JPY kicks off the new week on a stronger note in reaction to the latest trade optimism.The technical setup warrants some caution for bulls amid the divergent BoJ-ECB expectations.A convincing break below the 200-day SMA would shift the bias in favor of bearish traders. The EUR/JPY cross gains st

The chart of USOIL displays a mature Elliott Wave structure, suggesting that a double three corrective pattern labelled W-X-Y has likely completed at the April high. The sequence from the March peak now appears to be unfolding as a larger impulsive decline. We've likely completed waves 1, 2, and 3,

Potential for further downside movement. Share: Analysis feed

The chief driver of global markets this week has been improving US trade relations, especially with China. However, as we end the week, this is fading. On Thursday, the powerful uptrend in the Nasdaq took a breather, for the first time this week. Nvidia also fell slightly on Thursday, however, the c