Browsing Category
Markets
Chart Art: Brent Crude Oil (UKOIL) at Symmetrical Triangle Support
Are we about to see a bounce or interruption in Brent crude?
The energy commodity has been forming lower highs and higher lows recently, creating a symmetrical triangle pattern on the 4-hour chart.
You better keep this triangle support…
Daily Broad Market Recap – November 13, 2024
Market correlations appeared out of sync, as traders braced for the US CPI report and a series of FOMC member speeches weighing on Fed policy expectations and overall sentiment.
Bitcoin rose again to all-time highs, while crude oil…
Equities Are Better Supported Despite the Crypto Rally
Despite Bitcoin’s recent rally, UBS believes equities are better supported, with strong economic growth and AI driving market optimism.
Chart Art: Time for a Trend Correction on the S&P 500 (SP500) Index?
US stock markets have been on the rise lately, but are we finally seeing signs of a correction to the rally in the S&P 500?
Check out these nearby turning points!
S&P 500 Index (SP500) 4 Hours Chart by TradingView
Optimism for…
Daily Broad Market Recap – November 12, 2024
Markets showed mixed sentiment today as traders likely positioned themselves ahead of FOMC members' speeches, while Bitcoin continued its post-election rally to new highs.
Learn about the main headlines that affected price movement in…
U.K. Labor Market Update: Wages Cool But Unemployment Rose Above Expectations
The UK labor market showed mixed signs in the quarter ending September, with wage growth moderating but the unemployment rate rising more than expected.
The Office for National Statistics (ONS) reported that regular wage growth…
Wall Street CEO Ready to Run Trump’s Economy: Howard Lutnick’s Bold Move
Howard Lutnick, CEO of Cantor Fitzgerald, is preparing to take on a major role in Trump’s administration, with plans to overhaul the U.S. economy and reduce the federal deficit.
Chart Art: EUR/GBP’s Potential Pullback After A Breakout
EUR/GBP extended its November decline to break the range pattern from last week.
Will we witness a decline during the coming trading sessions? Or will the bears keep calm and continue their momentum?
We take a closer look at potential…
Daily Broad Market Recap – November 11, 2024
US and Canadian banks were closed for the holiday, but that didn't stop some asset classes like crude oil and Bitcoin from making volatile moves.
Here's what's driving the markets so far.
Titles:
On Friday after the market closes The…
4 Simple Ways to Reduce Your Trading-Related Stress
Have you ever had one of those days? Your charting software wasn't working properly, your internet connection was too slow, and you forgot to read the latest economic report from the week, so you've missed out on all the good…
