Category: Business

Copper prices remain within a bullish technical structure, with the $6.50 support level serving as the primary pivot for the next directional move. Persistent buying interest suggests traders continue to favor long positions, while a breakout above recent session highs could activate an upside target at $6.80.  The setup combines technical accumulation, AI infrastructure demand,...

Bitcoin (BTC/USD) recovered toward 82,655-82,725, rebounding from the $79,870 swing low as improving risk appetite supported cryptocurrency demand. The recovery represents an advance of approximately 3.6%, suggesting that buyers are defending the $80,000 psychological support zone. In the following article, Mynattaro’s analysts examine the key aspects of the subject and provide valuable insights.  The latest...

West Texas Intermediate (WTI) advances toward the $98.70 region, recovering positive momentum after two sessions of pronounced two-way price action. The following article highlights key aspects of the topic through the insights and expertise of Mynattaro’s professionals.  The US crude oil benchmark remains close to its recent multi-month high, supported by geopolitical risk premiums, resilient...

The USD/JPY pair extends its bearish correction, declining to a one-week low near 157.70 during the recent Asian session. The exchange rate is approaching the 157.50–157.00 support zone, which represents the lower boundary of its prevailing trading range. With a focus on essential details, Mynattaro’s experts deliver a thorough examination of the subject in this...

The GBP/USD exchange rate remains under significant selling pressure, declining toward 1.3207 after retreating from its August peak of 1.3677. The decline represents approximately 470 pips, highlighting the deterioration in sterling’s technical structure and the strengthening of bearish momentum.  Traders are monitoring geopolitical risks, US inflation data, and Federal Reserve policy expectations for further direction....

The euro slipped below 1.1630 against the US dollar following the European Central Bank’s decision to raise interest rates for a second time since the Middle East conflict began. The pair touched an intraday low near 1.1596 earlier in the week before stabilising around 1.1615, as investors weighed competing forces from both sides of the...

The Australian dollar steadied around 0.7150, consolidating near multi-week highs as hawkish rhetoric from Reserve Bank of Australia officials reinforced expectations of a near-term rate hike. AUD/USD traded within a tight 0.7196 to 0.7226 range in recent sessions before pulling back as risk sentiment soured on escalating Middle East tensions. Brokers from Financial Real Time...

The Japanese yen strengthened past the 154.00 mark against the US dollar, recovering from the session’s weakest levels as competing monetary policy signals from Tokyo and Washington created a tug-of-war across the pair. USD/JPY fell to 153.70, down 0.16% from the prior session, with the yen gaining support from rising expectations of further Bank of...

Brent crude oil prices surged past $108 per barrel, reaching their highest level since mid-May as escalating military confrontations in the Persian Gulf reignited fears of prolonged disruptions to global energy supply. The international benchmark gained more than 3.4% in a single session earlier this week, with WTI crude also climbing to settle near $96....

Gold dropped sharply this week, dropping below the $4,350 mark as higher US producer price data reinforced market expectations of a FRS rate hike at the upcoming policy meeting. The precious metal, which had already been under pressure from rising Treasury yields and a firmer dollar, saw its third consecutive weekly decline. Despite the near-term...