Crude oil prices tumbled, may rise briefly next. S&P 500 gapped lower as global stocks fell as US Dollar gained with Fed rate hike bets. Australian Dollar may...
Hope of a Thanksgiving rally faded on Tuesday as the S&P 500, Dow, and Nasdaq approached correction territory after a substantial gap lower at the open.
A reversal off technical resistance has price targeting a major inflection zone. Here are the targets & invalidation levels that matter on the AUD/JPY charts.
Downside targets are still on the radar for USD/JPY as fresh comments from Fed officials fuel the recent series of lower highs & lows in the exchange rate.
Gold prices may continue to edge higher as deteriorating risk appetite across financial markets translates into lower Treasury bond yields.
Crude oil prices are eyeing JODI import and export data to inform oversupply fears. Gold prices may retreat on comments from New York Fed President John Williams.
Gold prices struggled for direction amid Brexit-driven turmoil as the US Dollar and bond yields diverged. Crude oil prices may drop anew in risk-off trade.
Crude oil prices paused to digest losses after the longest losing streak on record. EIA inventory flow data may revive selling pressure.
Gold prices may decline as US inflation data and hawkish comments from Fed Chair Jerome Powell boost rate hike bets and send the US Dollar upward.
Crude oil prices may rise amid a broad-based improvement in the markets’ mood amid hopes for de-escalation of the trade war between the US and China.
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