US Dollar Index (DXY) Pushes 101.00 as Inflation, Interest Rates Boost Treasury Yields
The US dollar strengthened to kick off the trading week, climbing above 101.00 for the first time in a month. The buck has regained momentum…
Posts Tagged: Oil
OKX to Introduce Oil Perpetual Futures in Partnership with ICE
OKX, a renowned crypto exchange, is collaborating with Intercontinental Exchange (ICE), the New York Stock Exchange’s (NYSE) owner. The partnership aims to unveil perpetual futures…
Binance Futures Introduces Oil, Gas Perpetuals for Traders
Binance Futures, the popular crypto exchange Binance’s crypto derivatives trading platform, is expanding its offerings. In this respect, Binance Futures has announced the launch of…
WTI Crude Oil Price Analysis for May 7, 2025
WTI crude oil has been staging a recovery in recent days, currently trading at $59.58 after bouncing from the late April lows near $56.00 per barrel. Price has formed what appears to be a potential double bottom pattern.
WTI Crude Oil Price Analysis for March 10, 2025
WTI crude oil is trending lower on its short-term time frames, with price just bouncing off the top of its descending channel and setting its sights on nearby support zones.
Oil Slumps 2% After Trump Signals Output Boost, Houthis Say No Longer Attacking US Ships
Crude oil futures tanked on Tuesday, adding to their string of losses. The latest 2% slump was fueled by President Donald Trump’s actions to bolster…
EUR/CAD Ascending Channel Correction Levels
EURCAD has formed higher lows connected by an ascending channel on its hourly time frame, with price testing the support zone marked by the Fibonacci retracement tool.
EUR/CAD Range Breakout and Pullback
EURCAD recently busted through its range resistance around the 1.4550 minor psychological mark before zooming up to a high of 1.4650. Price has since retreated…