Recent developments surrounding crude raises the risk for higher oil prices as the Relative Strength Index (RSI) flirts with overbought territory.
The US Dollar is dropping ahead of tomorrow's FOMC meeting, and this is opening the door for continued strength in EURUSD along with bullish breakout potential in...
Brexit continues to move Sterling (GBP) as UK jobs data beats expectations, while ZEW data highlights Euro-Zone growth concerns. In the commodity space, gold and ...
The US Dollar gapped open higher at the start of the week, but remains little changed from Friday’s close with the Fed meeting looming.
The Euro remained under downside pressure after the latest German and Euro-Zone ZEW data pointed to continued weakness.
The Pound has failed to push higher despite job data beating expectations. Both EURGBP and GBPUSD remain mostly unchanged as investors keep an eye out for Brexit ...
Crude oil prices may turn lower if technical signs of ebbing upside momentum find follow-through. API inventory flow data is on tap ahead.
Gold prices may be carving out a topping chart pattern. Soundbites form an OPEC+ meeting and EIA drilling data may highlight competing influences on crude oil supply.
Gold prices aimed sharply lower following bearish technical cues and US Dollar strength. Crude oil prices now await the IEA monthly report after rallying on the respective OPEC one.
The US Dollar capitalized on British Pound weakness as the Brexit saga lingered. Sentiment wobbled as fears about US-China and US-EU trade wars rose. All eyes on Bank of Japan next.
Crude oil prices touched new 2019 highs, will OPEC’s monthly report uphold the commodity’s dominant uptrend? Technical warnings hint gold prices may turn lower in the short-term.
Technical analysis warns crude oil prices may top after failing to rise on supportive fundamental news. Gold prices may rise if USD, bond yields fall on soft durable goods orders.
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