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Oil Struggles to Reverse Course as US Production Hits Record Levels
Brent Crude Oil News and AnalysisOil unable to arrest the decline despite imminent SPR purchasesSaudi Arabia issues support for additional supply cuts and a slow withdrawal of the policy to keep prices stabilizedThe analysis in this…
Daily Forex News and Watchlist: EUR/USD
Trend warriors gather ’round!
If you’re looking for a way to trade the U.S. dollar ahead of today’s U.S. data releases, then you’ll want to take a closer look at EUR/USD’s downtrend!Before moving on, ICYMI, yesterday’s watchlist looked!--/sse-->!--sse-->…
GBP/USD sellers could take action if 1.2600 support fails [Video]
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GBP/USD bulls hit a wall, support nearby
GBPUSD flatlined around the familiar 1.2720 resistance…
Dow Holds Gains while Nasdaq 100 Slips Lower and Hang Seng Slumps to One-Year Low
Article by IG Chief Market Analyst Chris BeauchampDow Jones, Nasdaq, Hang Seng - Analysis and ChartsDow consolidates after surgeLast week saw the index surge to its highest level since January 2022.A 12% gain in the space of a month…
Further weakness in the pipeline
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Considering advanced prints from CME Group for natural gas futures markets, open interest maintained…
RBA Holds Rates, Aussie Dollar Slips
AUD/USD ANALYSIS & TALKING POINTSRBA holds off on rate hike with 4.35% the possible peak.US ISM services PMI under the spotlight later today.AUD/USD bears testing 200-day MA.Elevate your trading skills and gain a competitive edge. Get…
EUR/USD trying to hold above 1.0800, sees limited recovery after Monday backslide
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The EUR/USD is down half a percent on Monday after an early decline.
1.0800 is the level for bears…
Gold Clobbered after Fakeout; EUR/USD, Nasdaq 100 Hit by Rebound in US Yields
FORECAST – GOLD, EUR/USD, NASDAQ 100Gold prices retreat after failing to sustain Monday’s brief bullish breakoutThe Nasdaq 100 also loses ground, dragged lower by the rebound in U.S. Treasury yieldsEUR/USD slides but finds support around…
Momentum Reversal Detector MT4 Indicator
In the fast-paced world of trading, timing is everything. Traders are constantly seeking tools and indicators that can help them predict market reversals and seize profitable opportunities. One such tool that has gained significant…
Aussie struggles to develop a bounce against Kiwi, stuck near 1.0730
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The AUD/NZD has been bolted to chart territory north of 1.0700 in the near-term.
The Aussie's…