Oil Trade Update: Over $5/barrel Profit
Crude Oil began this week sharply lower after last week’s dramatic move due to OPEC+ drama which ended right before the opening bell of this week.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
Information is not investment advice
Gold: Fear is Growing
What is happening? On Monday, July 19th, gold traded lower as the rising numbers of coronavirus cases drove investors to move their savings into safe-haven assets such as the US dollar and Treasuries…
US Dollar: It Is Time To Hedge
What is happening? During June 2021, the US dollar index has gained 2…
OPEC+ Drama is Over, What About Oil?
Crude Oil dropped sharply last week right from our selling zone mentioned in our weekly video between 75.50 and 76.60, Brent Crude declined to 72.20’s nearing our 72.14 target mentioned in our weekly video as well.
US100 & S&P500: Trading Ideas
S&P500 Daily chart S&P500 has shown its weakness during the last two weeks and the historical data says the correction is not over yet…
Johnson & Johnson ahead of Earnings on July 21
JNJ will uncover its financial results for the second quarter on July 21. Read the analysis of JNJ!
Trade ideas for July 19-23
We will remember the past week for the surge in the US inflation and the soothing comments of the Federal Reserve’s Chair Jerome Powell…
EUR/USD: US data and fear of the Delta variant to push the pair lower
Ichimoku Kinko Hyo USD/JPY: The pair is trading above the cloud…
Commodity currencies slump to fresh lows on the day as the dollar catches a bid
Ichimoku Kinko Hyo AUD/JPY: The pair is trading below the cloud…
Gold appreciates and looks again at $2000 in a long run
Fibonacci Levels XAU/USD: Gold facing a further consolidation above 38…
Higher inflation numbers helps US dollar
Ichimoku Kinko Hyo AUD/JPY: The pair is trading below the cloud…
USD/CAD Short Trade
USDCAD began the week slightly higher reaching as high as 1.2510 but failed to sustain these gains.