Key Takeaways: Gold retreats: Spot gold fell 0.9% to $4,786.02 an ounce, pressured by a rebounding U.S. dollar and a sudden surge in global oil prices. Geopolitical escalation: Safe-haven optimism faded after Iran re-closed the Strait of Hormuz and the U.S. captured an Iranian vessel attempting to skirt the ongoing …
Read More »Oil Surges as U.S. Seizes Iranian Cargo Ship and Tehran Slams the Strait of Hormuz Shut
Key Takeaways: Crude Spikes: Brent crude jumped as much as 7% to $97.50 a barrel following rapid geopolitical escalations before settling near $95. Hormuz Re-Closed: Tehran shut down the Strait of Hormuz less than 24 hours after a brief weekend reopening, firing on vessels attempting to cross. Blockade Confrontation: President …
Read More »Dow Opens in the Red: Geopolitical Tensions Weigh on Markets 20/4/2026
Mixed trading dominated the Dow Jones Industrial Average on Wall Street, as it began the week with a downward price gap. Technical Outlook – 4-Hour Timeframe: The Relative Strength Index (RSI) is showing negative signals, reflecting weak positive momentum. Simultaneously, the simple moving averages are attempting to exert downward pressure …
Read More »Loonie Fights Back: CAD Attempts to Pare Losses 20/4/2026
The USD/CAD pair is currently trending slightly upward, holding above the 1.3675 support level. Technical Outlook – 4-Hour Timeframe: The simple moving averages on the shorter timeframes are attempting to push the price higher, while the Relative Strength Index (RSI) is trying to gain positive momentum, which could lead to …
Read More »GBP/USD Alert: The Uptrend Has Snapped 20/4/2026
Negative trading saw the pound move against the US dollar after a positive session that saw it reach a high around the psychological barrier of 1.3600. Technical Outlook – 4-Hour Timeframe: The simple moving averages are forming a resistance level, putting downward pressure on the price due to a bearish …
Read More »Stuck in Neutral: Oil’s Struggle for Direction 20/4/2026
Mixed trading continues to dominate US crude oil futures prices, lacking a clear direction and influenced by ongoing geopolitical tensions. Technical Outlook – 4-Hour Timeframe: Immediate trading is clearly upward after reaching $79.00. The Relative Strength Index (RSI) reached oversold territory, prompting a quick price rebound. However, the price remains …
Read More »Gold at a Crossroads: Profit-Taking or Trend Continuation? 20/4/2026
Gold prices (XAU/USD) achieved strong gains at the end of last week’s trading, in line with previous positive expectations. These expectations indicated that breaking the resistance level of 4800 could push prices towards 4870, which was indeed achieved with a high of 4891. Technical Outlook – 4-Hour Timeframe: In the …
Read More »The Euro’s Moment of Truth: Break or Rebound? 20/4/2026
The EUR/USD pair reached the target mentioned in the previous technical report at 1.1850, hitting a high of 1.1849 before encountering selling pressure. Technical Outlook – 4-Hour Timeframe: In the short term, the pair entered a corrective downtrend influenced by the strength of the US dollar. The price failed to …
Read More »Gold Climbs Above $4840 as Hormuz Reopening Weighs on Oil and Dollar
Key Takeaways: Gold extends gains on easing tensions: Spot gold rose about 1.1% to trade near $4843 as improved geopolitical conditions lifted demand for safe-haven assets. Hormuz reopening calms energy markets: Iran confirmed uninterrupted commercial shipping through the Strait of Hormuz during the ceasefire, easing fears of supply disruptions. Oil …
Read More »Airbus Braces for Q1 2026 Turbulence as Supply Chain Snarls Ground Deliveries
Key Takeaways: Revenue and Profit Slide: Total Q1 revenue is projected to fall 8% year-over-year to €12.4 billion, with adjusted EBIT plummeting to €311 million. Commercial Division Struggles: Aircraft deliveries are expected to drop to 114 (down from 136), driving a 13% decline in divisional revenue. The Handover Bottleneck: A …
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