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WTI Rangebound as Demand Concerns Resurface. $80 a Barrel Incoming?
OIL PRICE FORECAST:Oil Slips on Demand Fears as US Exports and Imports are on a Steady Decline.Middle East Tensions Ease but Geopolitical Risk Remains and Will Keep Markets on Edge Moving Forward.IG Client Sentiment Shows Traders are 76%…
The US Dollar Resumes Growth – Analytics & Forecasts – 26 October 2023
Towards the end of the week, the American currency managed to resume medium-term growth. Reversal combinations among commodity currencies were broken, and the pound, yen and euro went to test new lows. The sharp strengthening of…
XAG/USD hovers around $22.80, grapples with 50-DMA in lackluster trade
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Silver price seesaw from daily high of $23.69 to low of $22.88, closing at $22.81.
Key resistance…
GBP/USD Bounded by Fibonacci Support & Trendline Resistance
GBP/USD OUTLOOK:GBP/USD has been trending lower over the past three months or soAfter recent price action, cable appears compressed between trendline resistance and Fibonacci supportThis article presents important technical levels worth…
CONFIG SETS FOR TRENDBEAST – Trading Systems – 26 October 2023
Config Sets for TRENDBEAST v0.79 (MT4/MT5) These Config Set Files are based on optimization conducted on the symbol with the following settings parameteres: TimeFrame: H1 Data Model: Every Tick Based on real Ticks (NOT OHLC,…
Japanese Yen cannot keep up with Greenback as pair rises to 150.42
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Japanese Yen declines against the US Dollar due to broad risk aversion on Israel-Palestine tensions.…
ECB Leaves Interest Rates Unchanged, EUR/USD Slips Lower
EUR/USD Forecast - Prices, Charts, and AnalysisECB leaves rates unchanged as expected.EUR/USD heading towards 1.0500.
Recommended by Nick Cawley
How to Trade EUR/USD
The ECB left all three of its key interest…
Natural Gas prices ready to jump once Israel starts its ground invasion as plans are ready
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Natural Gas prices jump to $3.44 with tension building after a small incursion into Gaza by Israel…
US Q3 GDP Smashes Estimates as the DXY and Gold Adopt a Cautious Approach
US GDP Q3 ’23 (PRELIM) KEY POINTS:READ MORE: S&P500, NAS100 Weighed Down by Tech Earnings and Rising Yields. 4000 Level Up Next?Elevate your trading skills and gain a competitive edge. Get your hands on the US Dollar Q4 outlook today…
Daily Forex News and Watchlist: EUR/AUD
EUR/AUD got rejected near its previous highs!
How low can the pair go before the bulls charge back?
Before moving on, ICYMI, yesterday’s watchlist looked at CAD/CHF’s range ahead of BOC’s policy decision. Be sure to check out if it’s!--sse-->…