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Canadian Dollar to Look Past Saudi Arabia Oil Cuts as WTI Fills a 4% Gap Within a Day
Canadian Dollar, USD/CAD, OPEC Cuts? Technical Analysis – Asia-Pacific Briefing:Canadian Dollar weakens despite Saudi Arabia oil production cutsFailure of broader OPEC+ coordination meant WTI filled the gapSlowing global growth may keep…
Review of trades of the Owl Smart Levels strategy for the week from May 29 to June 2, 2023 –…
Today I present you an overview of trades made using the Owl strategy - smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from May 29 to June 2, 2023. For convenience and timely receipt of signals I…
Euro struggles to defend corrective bounce off 1.0700
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EUR/USD fades the week-start rebound amid sluggish oscillators.
Failure to cross the key upside…
Saudi’s Insist on Production Cuts at Extended OPEC Meeting
Crude Oil (Brent, WTI) News and AnalysisSaudis advocate further oil production cuts but fail to win overwhelming supportOil technical levels to note after a gap higher at the openIG client sentiment hints at a bearish continuation despite…
Instructions for using Professional Manager Trader – Trading Systems – 5 June 2023
This is a step-by-step instruction for using Professional Manager Trader. Professional Manager Trader MT4 : https://www.mql5.com/en/market/product/99156 Professional Manager Trader MT5 :…
Event Guide: BOC Monetary Policy Statement June 2023
Will the Bank of Canada keep rates on hold for the third time in a row?
Here’s an event guide for their upcoming BOC policy decision.
Event in Focus:
Bank of Canada (BOC) Monetary Policy Statement
When Will it Be Released:
June 7, 2023…
XAU/USD rebounds at the 100-day SMA following US economic data
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Gold bears got rejected at the 100-day SMA at $1,940.
US Service PMIs from ISM and S&P Global…
S&P 500 at 9-Months Highs as Bulls Assert Dominance but Downside Risks Build
S&P 500 FORECAST:S&P 500 rises at the start of the week, reaching its best levels since August 2022Technicals remain positive, but caution is warrantedThe index’s proximity to a key resistance area and its overbought condition may…
What is the Stochastic Oscillator? – Analytics & Forecasts – 6 June 2023
What is the Stochastic Oscillator? The Stochastic Oscillator is an indicator that compares the most recent closing price of a security to the highest and lowest prices during a specified period of time. It gives readings that…
XAU/USD attempts recovery from $1,940 ahead of US Services PMI
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Gold price is making efforts for recovery from $1,940.00 as the focus shifts to US Services PMI.…