Crude oil futures are trading sharply higher as tensions in the Middle East continue to escalate and concerns grow about the security of global oil supplies. Yesterday, U.S. forces said they destroyed five Iranian oil tankers after Iran launched missile attacks against a U.S. warship. Iran responded by targeting a U.S. base in Jordan and […]

The EUR/USD pair declined for six days, but the bears’ advance has now come to an end. For six full days, the U.S. dollar has been unable to convince traders of the merits of further purchases. Imbalance 21 has not been invalidated, while Imbalance 20 triggered a price reaction. The only factor that somewhat weakened

The price of Nvidia is stretching toward its all-time high despite a down day for the broader US stock indices. Shares are currently up $2.70, or 1.12%, at $231.00. The intraday high reached $234.76, putting the stock less than $2 from its record high of $236.54. Technically, the combination of the nearby all-time high and

Information war over oil: why reports diverge while US markets rally The escalation between the United States and Iran has turned the Strait of Hormuz into a “Schrodinger’s strait.” Maritime traffic has collapsed, pushing Brent crude above $95/barrel, yet the White House is broadcasting a sharply different narrative. US President Donald Trump insists that the