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Technical Analysis
WTI Crude Oil (USOIL)
The price of crude oil in the United States is showing signs of a possible 4-hour reversal pattern! In case you missed it, traders have been positioning themselves for this week's possible market movers by selling crude oil since the beginning of the week.
Economic News
Market Overview May 22
Ahead of crucial European inflation data this week, the euro strengthened in European trade on Monday against a basket of key competitors, resuming advances against the dollar and nearly reaching two-week highs.
Video Analysis
Forex Technical Analysis - EUR/JPY | Caterpillar | 16.05.2024
EUR/JPY review and forecast
Economic News
Market Overview May 15
Resuming gains after a break on Friday, the dollar dropped versus a basket of key rivals in European trade on Monday, drawing closer to two-week lows as US 10-year Treasury yields slowed down.
Technical Analysis
GBP/USD Technical Analysis
Since early March, Cable (GBP/USD) has been making lower highs and lower lows in response to a rejection from the 1.2900 region. However, the USD has lost ground to "riskier" bets like GBP due to the US economy's weaker-than-expected growth statistics and the Fed's renewed interest rate decrease rumours.
Video Analysis
Forex Technical Analysis - XAU/USD | 15.05.2024
XAU/USD review and forecast
Video Analysis
Forex Technical Analysis - BTC/USD | Amazon | 14.05.2024
BTC/USD review and forecast
Economic News
Market Overview May 8
Investors are now awaiting new data from other significant tech companies, including Apple this week, following the publication of financial reports by Tesla, Alphabet, and Microsoft last week.
Video Analysis
Forex Technical Analysis - XAG/USD | 08.05.2024
XAG/USD review and forecast