USOIL raised from 66USD to 86.24 USD last Friday, but I forecast that Curde OIl will continue to raise more. As you see the below chart, the blue bar points out the main bottom of the USOIL , it already perfectly pointed out the prev two big bottoms of US OIL at 2016 and 2020 .
Bollinger bands are a volatility indicator, used by traders to identify areas of support and resistance and areas in which an asset might be experiencing increased or decreased volatility. Bollinger bands are calculated from three lines drawn onto a price chart. The first is the simple moving average (SMA) of an asset’s price over a
EUR/USD: No to Rate Hike, Yes to Dollar Appreciation! ● Market participants continue to scrutinize the macroeconomic backdrop in the United States, attempting to discern (or speculate) whether the Federal Reserve will proceed with further increases to the federal funds rate. Following disappointing consumer confidence reports, weak ADP labour market data, and a slowdown in
The September dot plot is always the most-interesting one of the year because it’s the closest thing to forward guidance that the FOMC offers. Officials are required to place a year-end dot but there are only two meetings left so it basically says what they expect to happen in the next two meetings. Now that’s
UPD1 Trade Panel Friendly MT4 UPD1 Trade Panel Friendly MT5 (not done yet, no comments) Contents: Panel view (description of buttons) Information window description Visual Settings Panel Position – panel location Left Down Horizontal Left UP Horizontal Left UP Vertical Right UP Vertical Color Theme Auto – tracks the tone of the background color to
Did you know that price action trading strategies are one of the most commonly used methods in today’s financial market? Whether you are a short-term or long-term trader, analysing the price of a security is perhaps one of the simplest, yet also the most powerful, ways to gain an edge in the market. After all,
The markets were quiet on the last day of August, awaiting the key jobs report today. Treasuries and the US Dollar were firmer, but off their best levels, while Wall Street closed mixed. Ongoing expectations that the FOMC can pause, or is done with rate hikes continued to support along with the lingering impact from
News is here: People’s Bank of China to cut FX RRR from 6% to 4% from September 15 More in that post but the effect, in brief, is a supportive move for the yuan. CNH, AUD, NZD and yen all caught a bid. This article was written by Eamonn Sheridan at www.forexlive.com. لینک منبع :
“September is the worst month of the year for Equities, period; median return for 500 since 1928 is -1.56% “. This was the warning from the Goldman Sachs research department a few days ago after a difficult month for stock indices. To be fair, the sentiment has improved quite a lot since this note was
The $1.2 billion United States Oil Fund (USO) is the biggest US oil ETF. Its rebooting its pre-pandemic investment strategy that drew the scrutiny of regulators and helped roil markets in 2020. In September it’ll begin to back to allocating the majority of its holdings to the nearest oil futures contract, rather than spread exposure
