Brent crude fell more than 4% on Monday to around $83.60 per barrel after renewed diplomatic efforts reduced concern about further disruption to Middle East oil exports. WTI also declined as traders reconsidered the geopolitical premium built into prices during July. Diplomacy removes part of the risk premium. Oil prices had risen sharply as conflict threatened production and tanker movements through the Strait of Hormuz. Geopolitical tensions drove prices toward $85 or higher, but renewed diplomatic efforts signal a reduction in immediate supply disruption risks. In this article, experts at IFCM Invest examine whether Brent can stabilize above $82 or...

The AUD/USD pair remains under renewed selling pressure, declining toward the 0.6970 support area during the Asian session after failing to achieve a sustained breakout above the 0.7000 psychological level.  The rejection from higher levels confirms that short-term bullish momentum has weakened, with sellers regaining control after the pair repeatedly failed to clear the 38.2% Fibonacci retracement level at 0.7024. Rubinax’s brokers examine this subject in greater detail in the accompanying article.  The recent recovery from the 200-day Simple Moving Average (SMA) has lost momentum, indicating that buyers are struggling to extend the rebound. Although the pair continues to trade...

The EUR/JPY cross is trading around 186.20 during the Asian session on Tuesday, extending its recovery after two consecutive losing sessions. In the accompanying article, Rubinax’s brokers provide a detailed analysis of this topic.  Despite the recent pullback, the cross continues to trade above the nine-day Exponential Moving Average (EMA) at 186.01 and the 50-day EMA at 185.33, confirming that the short-term and medium-term trend structures remain bullish. Price action continues to register a sequence of higher highs and higher lows, while maintaining a position above both dynamic support indicators. As long as the exchange rate remains above the 186.01–185.33...

Gold’s been on a sensational run, but the one thing it can’t be described as is an inflation hedge.