There seem to be two tracks around Iran. The US military is preparing to attack more intensely Diplomats are laying the groundwork for a deal Ultimately Trump will be the one to decide which way it will go but I think the hesitation is because the US doesn’t know how it might get out of a conflict, particularly if…
United States Baker Hughes US Oil Rig Count: 438 vs previous 439
What Are Weekend Markets? Weekend markets are broker-generated synthetic CFDs designed to simulate real asset prices (e.g., crude oil, NASDAQ 100, gold, forex pairs) during hours when official exchanges are closed. These are often labeled as: “Weekend Dow” “Weekend Crude Oil CFD” “After-hours NASDAQ CFD” “24/7 market trading” These products are not traded on any regulated exchange, and prices…
Silver (XAG/USD) drops for a third straight day, tracking profit-taking as geopolitical risk premium eases. US President Donald Trump signals two-week window before deciding on possible US intervention in Iran–Israel crisis. The price hovers near $36.00, supported by the 100-period moving average on the 4-hour chart, intraday low is at $35.51. Silver (XAG/USD) remains under pressure for a third…
USDCHF technicals The USDCHF spent the week grinding higher, carving out a Monday-to-Thursday range of 0.8055 → 0.8213. Buyers ran into determined sellers just a few pips beneath the 38.2 % retracement of the April–May decline, halting momentum and forcing a modest pullback to the 0.8150 to 0.8160 area. A second technical fulcrum sits just below current level at…
WTI crude pulls back after topping $75.54 on Thursday, pressured by easing geopolitical risk. Geneva talks between Iran and EU diplomats signal diplomatic momentum, cooling Strait of Hormuz fears. Trump delays decision on direct US involvement, shifting market focus back to supply fundamentals. West Texas Intermediate (WTI) Crude Oil is trading lower on Friday, slipping to around $73.80 per…
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The Dow Jones treaded water on Friday following a late-week holiday closure. Major equity indexes are awaiting key US economic data next week. Fed rate cut expectations are creeping back to the forefront. The Dow Jones Industrial Average (DJIA) held steady on Friday, sticking to chart territory just above the 42,000 major price handle. US equities are increasingly pivoting…
USDJPY technicals The USDJPY just notched fresh intraday—and multi-week—highs, pushing firmly into the yellow swing zone that capped rallies in early May (145.92-146.25). Price is now only a handful of pips from the 61.8 % retracement of the May slide at 146.148, a level that often acts as a “last line” for corrective moves. Importantly, every pullback over the…
GBP/JPY up 0.43%, on track for weekly gain over 0.40% amid resilient buyer momentum. Pair nears June 17 high at 196.83; close above 197.00 could open path to 198.00. RSI remains bullish; downside risks emerge below 195.29 Tenkan-sen support. The GBP/JPY recovers and rallies for the second straight day, is up 0.43%, trades at 196.59, shy of reclaiming the…
