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Brent Crude Oil Set for Second Weekly Advance as Tensions Ramp Up
Brent Crude Oil News and AnalysisFighting continues on multiple fronts as diplomatic efforts do little to calm tensionsBrent crude oil edges higher ahead of the weekendIG client sentiment hints at continued bullish momentum as traders…
Manual for the indicator “Elliott Wave Helper” – Other – 20 October 2023
The main task of the panel is to simplify and speed up the making of wave and technical analysis. The panel is presented in two versions - for the fourth and fifth versions of the MetaTrader trading terminal. Before you start…
Daily Forex News and Watchlist: EUR/CAD
EUR/CAD may have found support from a short-term area of interest.
Is the pair ready to extend its intraweek uptrend?
Before moving on, ICYMI, yesterday’s watchlist checked out AUD/USD’s support zone ahead of mid-tier U.S. data releases…
Door open to further weakness
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Considering advanced prints from CME Group for natural gas futures markets, open interest extended its…
Investors Seek Out Golds Safety
GOLD OUTLOOK & ANALYSISDeclining real yields and souring risk sentiment supports gold.Fed speakers to come later today as markets mull over Powell speech.Can overbought XAU/USD push higher?Elevate your trading skills and gain a…
Extra advance on the table
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CME Group’s flash data for crude oil futures markets noted traders added around 1.5K contracts to…
GBP/USD, AUD/USD, EUR/USD Price Action
US Dollar, DXY, Euro, British Pound, Australian Dollar - Outlook:Too soon to say if USD has topped.EUR/USD and GBP/USD appear to be in search of a bottom; AUD/USD drifts lower.What is the outlook and key levels to watch in EUR/USD,…
CAD/CHF’s Potential Range Support Bounce
CAD/CHF is about to hit a major support zone!
Can the pair bounce despite its uber-bearish downswing?
The daily chart may provide some clues:
CAD/CHF Daily Forex Chart by TradingView
As you can see, back in late September CAD/CHF got…
Plunges to new YTD low as the downtrend continues
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NZD/USD is on a downtrend, with a series of lower highs and lower lows and hit a YTD low of 0.5815.…
Japanese Yen Scoping 150 Plus as US Dollar Consolidates. Higher USD/JPY?
Japanese Yen, USD/JPY, US Dollar, JGB, Treasury Yields, BoJ, - Talking PointsThe Japanese Yen is looking at potential new lows against USDJGB yields have moved higher, but Treasury yields have done more liftingThe BoJ meets later this…