Weekly Market Outlook: January 6-10
The new year has started with the escalation of tensions between the United States and Iran…
Tag - brent
Brent: Future is Still Sunny
What happened? Brent returned to the rising channel on Wednesday by gaining 4% during the trading session…
Oil is back to pre-pandemic levels!
The global recovery increased the demand for crude oil and dragged the price to the pre-crisis levels.
Stocks are in the longest rally since August
Apple will soon offer a platform for buying and selling cryptocurrency. S&P 500 surged to the record high above $3 900, crude oil continues rallying up. A lot of news came out! Jump in!
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.
USD and S&P 500 will Choose the Direction
This week is full of important news, starting with PMIs in the key economies, with Jackson Hole Symposium as a cherry on the top.
Trade Ideas on September 6-10
Bitcoin At the end of the past week, Bitcoin broke through the big resistance level of $50 400 and reached $51 500 after the worse-than-expected US labor data…
USD came under selling pressure
The US dollar’s weakness offered a boost to emerging-market currencies and oil.
OPEC may increase oil supply at meeting on March 4
OPEC will hold a meeting on March 4, where it should announce its decision on further oil output.
BofA: oil may reach $100 a barrel next year
Optimistic forecasts on oil prices, nuclear talks with Iran, and upcoming OPEC+ meeting. How to trade oil these days?
Will oil rally continue?
Oil has surged to March highs amid optimistic vaccine news and the peaceful presidential transition. Read to know forecasts!
Wall St banks forecast oil at $100
Financial giants such as JPMorgan and Goldman Sachs anticipate crude oil to skyrocket as high as $100 as the global economy rebounds.
