Gold, Silver Analysis Gold eases after last week’s advance – quieter week on the economic calendar FOMC minutes and reports of a new phase in the Israel-Hamas war present potential catalysts Silver encounters a challenge at channel resistance The analysis in this article makes use of chart patterns and key support and resistance levels. For
Oil (Brent Crude) News and Analysis The weekend premium was deflated on Monday as markets look to the Fed Oil heads lower after respecting resistance at $89 a barrel EU data underscores growth slowdown in major economies The analysis in this article makes use of chart patterns and key support and resistance levels. For more
It’s safe to say that the Federal Reserve isn’t hiking in September. The market probability is just 7% and there has been no pushback from anyone meaningful about changing that ahead of the Sept 20 meeting. But there are two top-tier economic data releases next week and perhaps two big surprises would change the Fed’s
Euro, EUR/USD, RSI Divergence, Rising Support – Technical Update: EUR/USD near-term downtrend pauses on rising support Positive RSI divergence on 4-hour shows fading momentum What are key levels to watch as the new week gets going? Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro weakened against the US Dollar last week. That
Atlanta Fed GDPNow growth est for Q3 starts at 3.5% The Atlanta Fed GDPNow model which forecasts growth for the quarter from published data has started its Q3 estimate at 3.5%. In their own words: The initial GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2023 is
