Share: Hello Traders in this blog we will see how CL_F Crude Oil Futures found support from equal legs area and reacted higher within wave 2....
Share: WTI extends pullback from two-week high amid sour sentiment. Tensions surrounding unidentified objects, the hawkish Fed weigh on commodity prices. OPEC expects upbeat energy demand,...
Share: The risk-off mood ahead of US inflation is keeping Asian indices on the tenterhooks. Softer-than-anticipated China inflation numbers have impacted Chinese equities heavily. Japanese investors...
Share: Oil installations around Turkey and Syria had reported no or minor damages, which capped WTI’s drop. Fed hawkish commentary capped WTI’s rally toward $80.00. WTI...
Share: USD/CAD holds lower ground while defending the previous day’s reversal from 13-day high. US Dollar remains indecisive even as yields retreat, pays little heed to...
Share: The uncertainty over BoJ Kuroda’s successor and disappointed earnings have weighed on Nikkei225. RBI Governor has announced a hike in the repo rate by 25...
Share: Western Texas Intermediate got bolstered as the US Dollar weakens on soft US Fed Powell remarks China’s reopening and Turkey’s earthquake are one of the...
Share: Western Texas Intermediate recovers some ground even though the US Dollar remains buoyant. IEA’s director commented that China’s reopening would drive oil prices. WTI Technical...
WTI picks up bids to snap three-day downtrend at monthly low. Bearish MACD signals, previous support line challenges buyers. Upside appears doubtful below 100-DMA, descending trend...
“Oil producers may have to reconsider their output policies following a demand recovery in China, the world’s second-largest oil consumer,” International Energy Agency (IEA) Executive Director...
WTI is set to finish the week with more than 2% losses. Factors like solid US jobs data and the EU’s embargo on Russian oil-related products...
WTI dropped to the %75s and now the daily chart shows the price breaking the trendline support. WTI, however, is now correcting higher to $76.70 resistance....
Asian stocks have found a cushion as the Fed is set to trim the policy tightening pace. Chinese equities are showing strength despite the Caixin Manufacturing...
Asia-Pacific equities trade mixed, grinding lower of late as traders remain cautious ahead of top-tier data/events. Upbeat China PMI, IMF growth forecasts join Covid-linked headlines to...
Here is what you need to know on Monday, January 30: Markets are pretty quiet this morning as we have a lot to get through this...
USD/CAD keeps bouncing off 2.5-month low while snapping two-day downtrend. Shift in market sentiment exerts downside pressure on Oil price, favors US Dollar. China-linked headlines entertain...
Here is what you need to know on Friday, January 27: Intel (INTC) disappointed investors in a big way after the close last night and is...
Asian stocks are trading almost flat as investors await US PCE price index data for further guidance. Japanese stocks have failed to display a power-packed action...
USD/CAD remains pressured around 10-week low, down for the second consecutive day. US Dollar fades post-GDP rebound amid mixed details. Oil price stays firmer in hopes...
WTI braces for first weekly loss in three on breaking 50-SMA, fortnight-long trend line. U-turn from two-month-old resistance, bearish MACD signals also keeps sellers hopeful. Ascending...