Share: WTI draws support from concerns about tightening global supply, though the upside remains capped. Investors seem worried that rising interest rates will hamper economic activity and dent fuel demand. Receding fears over potential supply disruptions due to the Israel-Gaza conflict acts as a headwind. West Texas Intermediary (WTI) Crude Oil prices struggle
In the fast-paced world of financial markets, traders are constantly seeking tools and strategies to gain an edge and make informed decisions. One such tool that has been gaining popularity in recent times is the Jebatfx Breakout Trendline MT4 Indicator. In this article, we will explore how this indicator works and how traders can effectively
CRUDE OIL, WTI, NATURAL GAS, NG – Outlook: Crude oil has retreated from stiff resistance area. Natural gas appears to be holding gains following the recent bullish break. What is the outlook for crude oil and natural gas and what are the key levels to watch? If you’re puzzled by trading losses, why not take
USDIndex on Wednesday [11/10] fell -0.04% and recorded a 2-week low, while declining bond yields on Wednesday weakened the dollar as the yield on 10-year T-notes also fell to a 2-week low. In addition, the strength of stocks limited liquidity demand for the dollar. The dollar’s decline was limited after the US PPI in September
China’s run of low consumer inflation continues. And PPI continues to deflate y/y. The m/m PPI was +0.4%, rising oil a factor pushing it higher. Of more interest will be the trade data due some time around 0300 GMT (11pm US Eastern time). The release time is flexible. This article was written by Eamonn Sheridan
Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro plunges most since early October on US CPI data In response, retail traders boosted upside EUR/USD bets Prices also rejected the key falling trendline from July Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro plunged over 0.8 percent against the US
GOLD PRICE OUTLOOK Gold prices turn lower following hotter-than-expected U.S. CPI data Sticky inflationary pressures boost Treasury yields and the U.S. dollar, creating a challenging environment for precious metals This article looks at XAU/USD’s key technical levels worth keeping an eye on over the coming trading sessions Trade Smarter – Sign up for the DailyFX
This blog is used to explain the detailed steps to use the Smart Market Structure program and its scanner. I’ll use an example to illustrate the detailed steps to make it easy to understand: Step 1. Go to the scanner. and look at attached file named “smart-market-structure-opportunity-scanner-1.png”. Step 1.a Look for the row with the
© Reuters. FILE PHOTO: An employee holds Russian 1000-rouble banknotes next to a currency counting machine in a bank office in Moscow, Russia, in this illustration picture taken October 9, 2023. REUTERS/Maxim Shemetov/Illustration By Elena Fabrichnaya, Alexander Marrow and Darya Korsunskaya MOSCOW (Reuters) – Russia’s central bank on Thursday endorsed President Vladimir Putin’s decision to
Share: The Canadian Dollar is slumping against the US Dollar as markets scatter after a US CPI data beat. An uptick in US consumer prices is sending US Treasury yields higher as investors fear further Fed rate hikes. The Canadian Dollar finds little support in the inflation rush into safer assets. The Canadian
