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FX.co ★ Analytics #CL | Crude Light Sweet Oil, Current Month Price

Forex forecast 06/05/2026: EUR/USD, USD/JPY, GBP/USD, SP500, Oil and Bitcoin

We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of financial information as well as online forecasts...
iconRelevance until2026-05-07
Analytical expert: Sebastian Seliga
2026-05-06

Market taps safety cushion

Good news from the Middle East allowed the S&P 500 to return to record highs. The White House said there had been no breach of the ceasefire and that Operation...
iconRelevance until2026-05-11
Analytical expert: Marek Petkovich
2026-05-06

Diplomatic Pause in the Strait of Hormuz: Oil Quotes Retreat from Highs

Against the backdrop of an unexpected announcement by Donald Trump suspending the naval mission in the Strait of Hormuz, oil prices declined sharply, with WTI crude returning to the $100...
iconRelevance until2026-05-07
Analytical expert: Miroslaw Bawulski
2026-05-06

The Dollar is Not Looking for a Fight

The deadlock in US-Iran relations has forced Americans to seek a way out and launch the Freedom Project. However, attempts by tankers to pass through the Strait of Hormuz without...
iconRelevance until2026-05-10
Analytical expert: Marek Petkovich
2026-05-05

Gold keeps hope alive

Rising oil prices driven by an escalation in the Middle East pushed gold lower, but the metal reacts less to Brent than to the prospect that the Fed might...
iconRelevance until2026-05-10
Analytical expert: Marek Petkovich
2026-05-05

Oil (WTI): calm before storm in Strait of Hormuz

Oil (WTI): rising tensions are testing the fragile ceasefire, and inflation risks are becoming increasingly apparent. As long as the strait remains the new equation, oil prices will remain highly...
iconRelevance until2026-05-08
Analytical expert: Jurij Tolin
2026-05-05

Market sits on pile of money

Investors are euphoric about S&P 500 company earnings and are turning a blind eye to the Brent and WTI rally as well as the recession risks that come with...
iconRelevance until2026-05-10
Analytical expert: Marek Petkovich
2026-05-05

Forex forecast 05/05/2026: EUR/USD, USD/JPY, GBP/USD, SP500, Oil and Bitcoin

We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of financial information as well as online forecasts...
iconRelevance until2026-05-06
Analytical expert: Sebastian Seliga
2026-05-05

Oil Prices Continue Strong Growth

After yesterday's sharp uptick, oil prices slightly decreased during Asian trading today; however, traders continue to monitor tensions in the Middle East following new clashes between the US and Iran...
iconRelevance until2026-05-06
Analytical expert: Miroslaw Bawulski
2026-05-05

Technical Analysis of #CL Intraday Price Movement. Tuesday, May 05, 2026

CRUDE OIL If we see both EMAs still forming a Golden Cross intersection, then today Crude Oil has the potential to test its nearest resistance level. Key Levels 1. Resistance...
iconRelevance until2026-05-06
Analytical expert: Arief Makmur
2026-05-05