In this article, we will discuss oil, gold, EUR/USD, Bitcoin movements during the past week and try to find short- and long-term trading opportunities…
Tag - oil
The USD felt better after the US producer inflation surpassed forecasts and American unemployment claims fell for the third week. Gold has a chance to test higher levels, while oil is struggling with the negative news from China.
What will happen? On Thursday, August 12, during the day members of the Organization of Petroleum Exporting Countries (OPEC) and Joint Ministerial Monitoring Committee (JMMC) will discuss a range of issues regarding energy markets and, most importantly,…
The USD remains strong, S&P 500 subsided from the record highs, gold is under pressure after the flash crash on Monday, Moderna stock jumped, BTC is enjoying positive news.
The week is going to be interesting for traders! Eurozone’s ZEW Economic Sentiment, US Inflation Rate, and OPEC+ meeting will shake the markets.
What events to follow and how to trade during the week of July 2-6?
EUR/USD retraced to 1.1870 after breaking out this level. It should be just a natural sell-off ahead of the further rally up.
Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is trading below the Kumo…
What happened? Brent returned to the rising channel on Wednesday by gaining 4% during the trading session…
The overall market sentiment is risk-on. The S&P 500 index (US 500) is getting close to the all-time high. Oil is recovering quickly from its recent losses.
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.
Oil has dropped to the lows unseen since late May, while gold has reversed up from a dip under $1,800.