Oil breaks higher as OPEC+ meeting commences
Market Brief The Caixin China General Manufacturing PMI continued its growth in May rising to 52.0 from 51.9 in April. ...
Tag: crude oil
Crude Oil Technical Analysis – Divergence watch
The price of West Texas Intermediate oil is attempting to snap a three-day losing streak after United States President Biden ...
USDCAD Technical Analysis – Sentiment extreme worsens
The US dollar is approaching a three-year low against the Canadian dollar as the boom in commodities, particularly oil helps ...
Asian Market Technical Analysis – 06/05/2021
Asian bourses traded sideways as the region battled to shrug off the tech-led declines in the US and amid holiday-thinned ...
Retail traders near max pain with USDCAD longs
Morning Brief Last night’s FOMC meeting minutes went through as expected with little change in policy or wording of the ...
USDCAD Technical Analysis – Broadening wedge breakout in progress
The US dollar has been on a one-way price journey against the Canadian dollar currency since last week’s Bank of ...
WTI Oil Technical Analysis – Fundamentals and sentiment divergence
The price of West Texas Intermediate oil is trading back under slight pressure following a rejection from the $64.00 level, ...
Asian equity markets slumped as negative mood rolled over from US
Asian equity markets mostly slumped as the negative mood rolled over from the US. The major indices extended on declines ...
US dollar index moving heavily in the red
Morning Brief: 20/04/2021 The US dollar is crumbling in early Tuesday trade as yesterday’s sell-off in the greenback starts to ...
Aussie corrects despite stellar monthly jobs data
Morning Brief: 15/04/2021 The Australian dollar popped and then dropped against the US dollar this morning, despite a stellar monthly ...
