Monthly Archives: June 2025
Oil Prices Rise as Trade War Risk Returns, OPEC+ Maintains Output Hike
Written on June 3, 2025 at 7:23 am, by
Key Takeaways: *Crude oil prices surged as U.S.-China trade tensions intensified, lifting the market’s geopolitical risk premium. *OPEC+ confirmed a July supply increase of 411,000 barrels per day, signaling confidence in demand resilience. Crude oil prices extended gains at the start of the week, buoyed by escalating U.S.-China trade tensions that stoked geopolitical risk acrossContinue Reading
Descending Triangle Pattern Explained: A Comprehensive Guide for Traders
Written on June 3, 2025 at 7:21 am, by seoagencyteam
Chart patterns are a big part of how technical traders read the markets. They show how prices have moved in the past, and give clues about what might happen next. One pattern that often signals selling pressure is the descending triangle. It’s a pattern that comes up again and again on charts, especially in downtrends.Continue Reading
Euro Strengthens to One-Month High Ahead of Key ECB Decision
Written on June 3, 2025 at 7:21 am, by
Key Takeaways: *The euro gains to its one-month high against its peers on the back of solid economic indicators. *Today, the market will focus on the eurozone CPI to gauge the strength of the euro. The euro has extended its gains against major currencies, climbing to its highest level in a month as markets positionContinue Reading
