CHECK AND UPDTE. The underlying instrument for USOIL is the light sweet Crude Oil Futures contract which is traded on the CME . West Texas Intermediate (WTI), also known as Texas light sweet, is a grade of crude oil used as a benchmark in oil pricing. Historically, WTI has traded closely to Brent and the OPEC basket, but it currently is discounted against Brent...
Over all gold view is now bullish until the redzone after may make LL from there, Payroll employment rises by 531,000 in October; unemployment rate edges down to 4.6% Total nonfarm payroll employment rose by 531,000 in October, and the unemployment rate edged down to 4.6 percent. Job gains occurred in leisure and hospitality, in professional and business services,...
The pound is testing a key support level ahead of monetary policy decisions this week by the Federal Reserve and the Bank of England. The so-called fear-greed indicator shows bears control price action by the most in two months, threatening a bullish trend channel that’s been in place since July. Announcements by the central banks could be the catalysts for the...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Most commonly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. Improve your technical analysis of live gold prices...
The USD/JPY forecast sees the pair move into a corrective phase after registering strong upwards movement. Forex day traders were probably expecting a temporary decline was expected and natural. If you are looking for day trading brokers, check out our guide. In the short term, the rate reached a strong support level, so it could start increasing again. Still,...
The Nasdaq-100 is a stock market index made up of 102 equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock market. It is a modified capitalization-weighted index.
The Nasdaq-100 is a stock market index made up of 102 equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock market. It is a modified capitalization-weighted index.
Gold faced rejection at strong resistance around $1743, which is the confluence of the pivot point one-day S1 and Fibonacci 38.2% one-month. If the abovementioned hurdle is cleared, then gold bulls will look to test the previous day low of $1745. Further up, gold buyers will need a lot of conviction to take out a bunch of key resistance levels stacked up around...
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world. Follow real-time EUR/USD rates and improve your technical analysis with the interactive chart. Discover the factors that can...