oil

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My Thoughts on Current Markets-238

3 Feb 2025 2 minute read 0 comments Perfectionist25

The ounce of gold exceeded its peak on Friday. It also closed above its old peak. Here, 2790s are important in the following process, especially because it is the old peak. As long as it does not fall below this level, we can say that we are likely t...

Weekly Outlook

19 Jan 2025 4 minute read 0 comments Perfectionist25

Better-than-expected core inflation in the US is fueling optimism. The indexes performed at their best since the week Trump was elected. There are important developments in geopolitics. Oil made a strong start to the year. Trump 2.0 starts on Monday....

The Inverse Relationship Between Oil and BTC

9 Jan 2025 1 minute read 0 comments ThomaseONeil

This should be common sense and I hope I don't piss off anyone around here. BTC has a greater volume then it did 15 years ago so I'm only interested in the last 5 years of BTC. Now I started thinking and I know that's dangerous since I like to put ou...

My Thoughts on Current Markets-226

31 Dec 2024 3 minute read 0 comments Perfectionist25

Despite the markets being closed due to Christmas, pricing in EUR/USD continues to follow a weak trend due to selling pressure. Technically, if the 1.0427 supply zone remains below, the possibility of the price pulling back to 1.0345 levels may incre...

My Thoughts on Current Markets-224

23 Dec 2024 6 minute read 0 comments Perfectionist25

DXY entered the dangerous zone again last week due to the fear of the US government shutting down. VIX suddenly rose from 15 levels to 23-25, and US 10-year interest rates rose to serious levels. Naturally, the entire market suddenly fell under the l...

My Thoughts on Current Markets-223

19 Dec 2024 3 minute read 0 comments Perfectionist25

Following the fluctuating course in the European Central Bank inflation data, the EUR/USD parity, which accelerated its decline with the FED interest rate decision, continues to hold above the 1.0345 demand zone. I expect pricing to show a short-term...

My Thoughts on Current Markets-222

18 Dec 2024 9 minute read 0 comments Perfectionist25

There was a tight area between 99 and 106 in DXY. Since we got rid of the downtrend, the upward price dynamics above the moving average have been maintained. Trump trade continues here. Therefore, as long as DXY stays above 105, it seems that Trump t...

Weekly Bulletin

15 Dec 2024 5 minute read 0 comments Perfectionist25

As the 61-year Baath regime in Syria comes to an end, Bashar al-Assad and his family have sought asylum in Russia and left the country. The Russian Foreign Ministry announced that Assad has resigned and left the country. The opposition forces led by...

My Thoughts on Current Markets-218

9 Dec 2024 3 minute read 0 comments Perfectionist25

We tested the 108 level in Dxy last week (dangerous area). We got rejected from here for now. The decline continued to the 106.50 level during the week, then it is getting a downward reaction again. We can come back up to the 107.15 level here. I thi...

Weekly Outlook

8 Dec 2024 4 minute read 0 comments Perfectionist25

We are leaving behind a week in which uncertainties have been lifted. In Syria, opposition forces are advancing towards Homs after Aleppo and Hama. Homs is a very important supply city for the regime. It is also of critical importance as it is 160 ki...