Uncategorized

Crude Oil, WTI, Bearish Engulfing – Technical Update:Crude oil prices turned lower over the past 24 hoursBearish Engulfing candlestick pattern now in focusWatch rising trendline, RSI divergence on 4-hour Recommended by…

USD/JPY TECHNICAL ANALYSISUSD/JPY took a quick plunge early last week, but found solid footing just above technical support at 146.00. This resilience led to a swift recovery in subsequent trading sessions, with the pair steadily trekking…

S&P 500 has been consolidating tightly for the past few weeks. Is there something ahead to wake traders up, and will it be enough to break the triangle pattern? S&P E-mini Futures (SPX500): 4-hour S&P 500 Emini Chart by…

Share: Gold price hit a two-week high at $1937.35 before retreating to $1931.77, down 0.06%. US 10-year…

GBP PRICE, CHARTS AND ANALYSIS:Read More: FOMC Preview: Hawkish Pause to Reignite the Dollar Index (DXY) Rally?GBP has struggled of late and has attempted a recovery in the early part of this week. UK inflation data is due tomorrow and…

The BOE decision is right around the corner! Will they stick to their recent pause rhetoric or will recent signs of sticky high inflation bring back hawkish vibes?Here’s what the U.K. central bank might have up its sleeve and how pound…

Share: USD/MXN down 0.37%, trading at 17.0685, as the Mexican Peso recovers some of its losses. Investors…

Number of traders net-short has decreased by 17.36% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIWall StreetBEARISH51.31%48.69%27.10% Daily29.45% Weekly-15.41% Daily-17.36% Weekly2.12%…

EUR/USD FORECAST:EUR/USD trades largely directionless on Tuesday, moving between small gains and losses ahead of the Fed's announcementThe FOMC is set to unveil its September policy decision on Wednesday. No interest rate changes are…

Share: Silver price stabilizes confidently above $23.00 as the focus shifts to Fed policy. The Fed is…