US Energy Secretary Wright is saying that the US will add 40M barrels after the Iran conflict is over. Here’s the full picture: Current level: As of the week ending May 29, 2026, the SPR recorded a release of 8 million barrels, bringing the total down to 357.1 million barrels — the lowest level since January 2024. Trump came…
AUD/USD depreciates after registering minor gains in the previous day, trading around 0.7120 during the Asian hours. The technical analysis of the daily chart shows the pair consolidating sideways within a rectangle pattern, as neither bulls nor bears gain control. The AUD/USD pair is holding a slight bearish tone however as it sits beneath both the nine-day and 50-day…
Putin is back saying: it will be official for United States use Russia’s LNG technologies in Alaska On benefits for Russia from war in Iran: market stability is important. Oil supply decline rattles markets, we are there in OPEC plus to balance the market. We are grateful to Saudi Arabia for cooperation on global oil market The price of…
AUD/USD depreciates after registering minor gains in the previous day, trading around 0.7120 during the Asian hours. The technical analysis of the daily chart shows the pair consolidating sideways within a rectangle pattern, as neither bulls nor bears gain control. The AUD/USD pair is holding a slight bearish tone however as it sits beneath both the nine-day and 50-day…
CNN is reporting: Iran says negotiations with the U.S. have stalled, with senior adviser Mohsen Rezaei claiming President Trump must act to break the impasse. Iran is demanding the release of $24 billion in frozen assets as part of any agreement: $12 billion upon signing an interim deal. Another $12 billion at a later stage. Iran views the asset…
AUD/USD depreciates after registering minor gains in the previous day, trading around 0.7120 during the Asian hours. The technical analysis of the daily chart shows the pair consolidating sideways within a rectangle pattern, as neither bulls nor bears gain control. The AUD/USD pair is holding a slight bearish tone however as it sits beneath both the nine-day and 50-day…
A look at why silver came under heavy pressure, how stronger US data reshaped the rate outlook, and what traders will be watching as XAG/USD tries to find its footing.
Bitcoin fell below the $60,000 level for the first time since early February, extending to a low of $59,743 and reaching its weakest level since October 2024. The break lower increased bearish momentum, but buyers stepped in near the lows, helping to push the price back above the $60,000 threshold. Bitcoin is currently trading around $60,834. The rebound is…
AUD/USD depreciates after registering minor gains in the previous day, trading around 0.7120 during the Asian hours. The technical analysis of the daily chart shows the pair consolidating sideways within a rectangle pattern, as neither bulls nor bears gain control. The AUD/USD pair is holding a slight bearish tone however as it sits beneath both the nine-day and 50-day…
2026.06.05 2026.06.05 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 05.06.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: A bearish impulse wave is forming. Consider short positions with a Take Profit at 56,635.30. XRPUSD: The second half of…
