Unless U.S. President Trump extends his ultimatum to Iran once again, the conflict with Iran is likely to escalate further in the coming hours and days. Iran does not appear willing to comply with the U.S. demand to open the Strait of Hormuz. According to the latest news, the Iranian government has even responded by
AUD/USD has moved higher, breaking above the 0.6970 and 0.7000 levels, while NZD/USD is also advancing and may target further gains beyond 0.5850. Key Points The Australian dollar has strengthened steadily against the US dollar, reclaiming the 0.7000 level. AUD/USD broke above an ascending channel resistance near 0.6960 on the hourly chart. NZD/USD is holding
Given the strength of the resistance level 105.00, overbought daily Stochastic and the strongly bearish sentiment across on the crude oil markets on the USA-Iran peace talks , WTI crude oil can be expected to fall to the next support level 83.50 (low of the previous correction 2). WTI crude oil broke daily Triangle
US-Iran ceasefire boosts gold and stocks as falling oil prices weaken the dollar and ease global inflation-driven interest rate fears. Geopolitical De-escalation and the Resurgence of Risk The sudden announcement of a two-week ceasefire between the United States and Iran has fundamentally rewritten the market narrative, sparking a powerful “risk-on” rally across global exchanges. By
China is intensifying its push toward a fully digitized financial system after urging banks to integrate blockchain technology into lending and tax data infrastructure. The directive, issued by the State Administration of Taxation and financial regulators in China, shows a deeper interest in transforming how credit is assessed and distributed across the Chinese economy. Authorities
European currencies have moved into consolidation after a brief recovery, as traders remain cautious amid an uncertain geopolitical backdrop. Price action reflects a balance between a softer US dollar and limited momentum for further gains in the euro and pound, keeping both pairs range-bound. Developments around Iran remain the main driver. Although global markets have
Given the clear daily uptrend, WTI crude oil can be expected to rise to the next resistance level 110.00 (which reversed the previous sharp upward impulse wave (1) , as can be seen from the daily WTI crude oil chart below). WTI crude oil broke round resistance level 100.00 Likely to rise to resistance
Markets face extreme volatility driven by crucial US jobs data, escalating Iran-US tensions spiking oil, and diverging global central bank policies. The High-Stakes US Employment Rebound The global financial community is currently holding its breath for the release of the March Nonfarm Payrolls (NFP) report, a data point that carries immense weight following February’s alarming
Gold prices recently approached the $4,800 mark before entering a corrective phase, while WTI crude oil continues to build upward momentum, with potential to push towards the $110 level. Key Points to Watch Gold advanced strongly towards $4,800 before facing a pullback against the US dollar. A notable bullish trend line is emerging, offering support
Given the strength of the support level 65000.00, Bitcoin cryptocurrency can be expected to rise to the next resistance level 75000.00 (top of wave a from last month coinciding with the daily down channel from October). Bitcoin recently reversed from support area Likely to rise to resistance level 75000.00 Bitcoin cryptocurrency recently reversed from