Share: Crude oil prices continue the losses after news on the US-Venezuela Oil deal. US could sign a pact with the Venezuelan government involving easing sanctions on its oil industry. Traders appear to be adopting a wait-and-see approach; seeking … [Continue reading]
US equities catch a ride up on Monday, S&P 500 taps $4,380
Share: US stock indexes caught some lift on Monday, rising on improving risk appetite. US earnings season is underway, and investors are looking for solid expectation beats. Stock traders are looking for an extended rebound in stock prices. The … [Continue reading]
GBP/JPY testing up into 182.50 in Monday relief bid for Pound Sterling
Share: The GBP/JPY is catching a Monday bid, rebounding from last week's dip. It's a heavy week on the economic calendar for the Pound Sterling, with wages, inflation, and Retail Sales inbound. Dovish comments from BoE officials are capping … [Continue reading]
The longer the Israeli-Hamas conflict goes on, the greater the potential for Oil market disruptions – NBF
Share: Economists at the National Bank of Canada analyze the geopolitical and market risks of a prolonged Israeli-Hamas conflict. Brewing tensions could further strain an already tight Oil market The longer the conflict goes on, the greater the … [Continue reading]
European Monetary Union Trade Balance n.s.a. rose from previous €6.5B to €6.7B in August
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Japan Capacity Utilization increased to 0.5% in August from previous -2.2%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Gold Price Forecast: XAU/USD hovers around $1,925 amid the geopolitical tensions, Chinese stimulus hope
Share: Gold price trades near $1,925 amid the mixed sentiment. The geopolitical tensions between Israel and Palestine boost the demand for XAU/USD. The upbeat US inflation report has prompted investors to price in a possible rate rise … [Continue reading]
Tellor price peeks 70%, breaks out of leash as longs reevaluate their TRB take profits
Share: Tellor price is up 30% in the last 24 hours, 35% high after breaking out from a bearish chart pattern. TRB could extend 10% to clear the immediate resistance at $66.95. The bullish outlook would be invalidated once the altcoin records a … [Continue reading]
ROSE longs could enter once Oasis Network price flips $0.0546 into support
Share: Oasis network price remains range-bound, confronting resistance due to the midline of a bearish technical formation at $0.0405. ROSE could fall to the floor price of $0.0337, 15% below current levels as momentum remains rather weak. … [Continue reading]
Pepe Coin run will not happen until PEPE breaks and holds above approximately $0….8045
Share: Pepe Coin price remains around 85% from its all-time high of $0.0000045000 recorded on May 5. PEPE must rise and hold above the $0.0000008045 mean threshold to bring the next possible run in sight. Upon doing so, the Fibonacci retracement … [Continue reading]