Oil volatility ahead.
$USOIL could turn volatile next week as the U.S. signals continued blockade pressure and Iran moves to close the Strait of Hormuz again.
Geopolitical risk back on the table.
Oil is back above $100.
$USOIL continues to trade with high volatility as the Strait of Hormuz crisis remains unresolved.
Geopolitics still in control.
Oil is back above $100.
$USOIL continues to trade with high volatility as the Strait of Hormuz crisis remains unresolved.
Geopolitics still in control.
Bitcoin is back at the key level. $BTC is testing the 73K resistance again.
Reports of institutional buying are coming in.
Breakout or another rejection?
Bitcoin is back at the key level. $BTC is testing the 73K resistance again.
Reports of institutional buying are coming in.
Breakout or another rejection?
Update: $USOIL The fire is cooling.
After peaking around $117 during peak tensions, oil is now trading near $92 following the 15-day ceasefire announcement.
Geopolitics pushed it up, geopolitics is now pulling it back.
$USOIL is on fire.
Escalating tensions between Iran and the U.S., along with threats to energy infrastructure, are pushing oil higher.
Price is now above $115. Geopolitics is driving the move.
$USOIL is on fire.
Escalating tensions between Iran and the U.S., along with threats to energy infrastructure, are pushing oil higher.
Price is now above $115. Geopolitics is driving the move.
$BTC reclaimed its short-term uptrend. That’s a constructive move.
But key levels still ahead:
70K (psychological)
73K (major resistance)
A break above is needed to confirm a bullish trend.
Volume remains weak and that’s a concern.
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