The price of oil has continued to surge higher at the start of this week driven by the ongoing conflict in the Middle East. The price of Brent has hit a fresh high overnight of USD119.50/barrel before dropping back below USD110/barrel. At the worst point it had extended its advance to almost two thirds since

AUD/USD failed to stay in a positive zone and declined below 0.7000. NZD/USD is also moving lower and might extend losses below 0.5850. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar started a fresh decline from well above 0.7100 against the US Dollar. There is a bearish trend line forming with resistance

Created on March 09, 2026 The Swiss Franc has risen against the Japanese yen on Friday, as traders will look at this as a major signal. CHF/JPY The Swiss Franc has rallied significantly against the Japanese Yen during the trading session on Friday to threaten the idea of a major breakout yet again. This is

Another shocking Monday for the energy market. Last week’s start was remembered for a bullish gap of more than 10% (which was later followed by a pullback), but today’s market open proved even more volatile (as reflected by the ATR indicator). After a bullish gap of roughly 11%, the price continued to climb, reaching a

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Daily Pivots: (S1) 0.7781; (P) 0.7810; (R1) 0.7838; More…. Intraday bias in USD/CHF remains neutral for the moment. On the downside, break of 0.7671 support will revive near term bearishness and bring retest of 0.7603 low. Decisive break there will resume larger down trend. On the upside, though, break of 0.7877 will bring stronger rally

Gold began the week on the defensive while Dollar strengthened broadly across currency markets, as the Middle East conflict has entered its second week with no meaningful signs of de-escalation. The metal is now showing signs of fragility near 5,000 psychological level, which is significant due to positioning in the options market. A break below

Full-scale war over Iran in the Middle East has pushed energies to multi-year highs and helped strengthen safe havens such as the US Dollar and Gold. I wrote on the 1st March that the best trades for the week would be: Long of Gold following a daily (New York) close above $5,418.55. This did not

As the FX and CFDs sector began to operate in the new reality of war in the Middle East (some interesting data on that from Capital.com below), with industry hubs Dubai and Cyprus very much involved, there was still lots of news to report this past week. Who entered as the new CEO of Copenhagen

Daily Pivots: (S1) 1.1590; (P) 1.1622; (R1) 1.1670; More…. EUR/USD is staying in consolidations above 1.1529 temporary low and intraday bias stays neutral. On the downside, below 1.1529 will resume the fall from 1.2081. Sustained break of 1.1576 structural support would confirm rejection by 1.2 key psychological level. That should also confirm medium term topping

EUR/AUD edged lower to 1.6421 last week but recovered. Initial bias remains neutral this week first. On the downside, sustained break of 138.2% projection of 1.8554 to 1.7245 from 1.8160 at 1.6351 will extend larger down trend to 161.8% projection at 1.6042 next. However, considering bullish convergence condition in 4H MACD, firm break of 1.6691

EUR/GBP’s extended decline last week suggests that rebound from 0.8611 has already completed at 0.8788. Initial bias stays on the downside this week for retesting 0.8611 first. Firm break there will resume the whole fall from 0.8863. Next target is 100% projection of 0.8863 to 0.8611 from 0.8788 at 0.8536. On the upside, above 0.8711

Despite the intra-week dip, AUD/USD is still holding in range of 0.6896/7146. Initial bias remains neutral this week first. While more consolidations would be seen, outlook stays bullish with 0.6896 support intact. On the upside, break of 0.7146 will resume larger up trend to 0.7206 fibonacci level. However, firm break of 0.6896 will indicate that

Global markets closed the week under the growing shadow of a rapidly escalating energy crisis. What began as a geopolitical confrontation in the Middle East has now evolved into a far broader macro shock, forcing investors to reassess everything from inflation risks and monetary policy to equity valuations and currency dynamics. At the center of

EUR/JPY dipped notably last week but stayed in range of 180.78/184.75. Initial bias remains neutral this week first. On the downside, firm break of 180.78 support will indicate that fall from 186.86 is already correcting whole up rise from 154.77. Deeper fall should then be seen to 38.2% retracement of 154.77 to 186.86 at 174.60.

GBP/USD fell to 1.3252 last week but recovered since then. Initial bias remains neutral this week first. Risk will stay on the downside as long as 1.3574 resistance holds, in case of stronger rebound. On the downside, below 1.3252 will extend the fall from 1.3867 to 1.3008 structural support. Decisive break there will carry larger

EUR/USD dived to as low as 1.1529 last week but recovered after breaching 1.1576 support briefly. Initial bias remains neutral first and further decline is in favor as long as 1.1740 support turned resistance holds. On the downside, below 1.1529 will target 38.2% retracement of 1.0176 to 1.2081 at 1.1353 next. In the bigger picture,

GBP/JPY gyrated in tight range below 212.10 temporary top last week. Initial bias remains neutral this week first. Overall, price actions from 214.98 are seen as a corrective pattern that could extend further. On the upside, break of 212.10 will resume the rebound from 207.20 to retest 214.98 high. On the downside, though, break of

Daily Pivots: (S1) 1.1564; (P) 1.1605; (R1) 1.1652; More…. Intraday bias in EUR/USD remains neutral as consolidations continue above 1.1529 temporary low. On the downside, below 1.1529 will resume the fall from 1.2081. Sustained break of 1.1576 structural support would confirm rejection by 1.2 key psychological level. That should also confirm medium term topping on