Key Facts US natural gas at Henry Hub has remained near $3.00/MMBtu despite the Persian Gulf crisis pushing Brent and WTI crude sharply higher, according to broker Elev8. Elev8 cites a late-April low around $2.50/MMBtu;…
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Cosmos cryptocurrency can be expected to rise to the next resistance level 2.200 (top of the previous minor correction ii from the middle of May). Cosmos reversed from support zone Likely to rise to resistance…
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Another week has passed, yet the Strait of Hormuz remains closed. As mentioned in previous Thoughts, Iranian storage facilities are getting full. The country is therefore increasingly forced to rely on old tankers as floating…
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ZCASH cryptocurrency can be expected to rise to the next resistance level 636.00 (top of the previous minor impulse wave 3 from the start of May). ZCASH reversed from round support level 500.00 Likely to…
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Geopolitical tensions drive oil higher, worsening global inflation and hawkish interest expectations, while narrow AI tech rallies trigger equity exhaustion. The US-Iran Deadlock and the Resulting Global Energy Shock The geopolitical chess match between Washington…
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This preview of weekly data examines USOIL and XAUUSD, with economic data expected later this week as the primary market drivers of the near-term outlook. Highlights of the week: RBA and FOMC minutes, British unemployment…
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Surging US yields bolster the dollar, while Middle East oil shocks trigger inflation fears, plunging gold and weakening European currencies. Resilient US Economy and Surging Treasury Yields Propel the US Dollar The greenback is surging…
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Ethereum cryptocurrency be expected to rise to the next resistance level 2400.00, which has been reversing the price from April. Ethereum reversed from support zone Likely to rise to resistance level 2400.00 Ethereum cryptocurrency…
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The S&P 500 Index is trading at an all-time high and approaching the next major milestone: 7,500 points. At the end of March, when the same index was below 6,500 points, there were few optimists…
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BNB be expected to test the resistance level 688.00 – the breakout of which can lead to further gains toward the next resistance level 720.00 BNB approaching key resistance level 688.00 Likely to rise to…