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Markets
Global Market Weekly Recap: October 14 – 18, 2024
Typical market correlations appear to have been out of sync throughout the week, with asset classes driven more by individual catalysts than broad market themes. However, some risk-off reactions were seen due to the lackluster reaction…
Safe Haven Demand to Drive Gold Prices Higher in the Next 6-12 Months
Safe haven demand driving gold prices higher over the next 6-12 months as central bank purchases add momentum, UBS analysts predict.
Oil Prices Steady but Set for Steep Weekly Losses on Demand Fears
Oil prices are steady on Friday but set for steep weekly losses due to demand fears, despite positive U.S. inventory data.
4 Instances When It’s Okay To NOT Take Trades
To trade or not to trade? Trading from home and having more time to watch charts and market headlines does not necessarily mean that you have to take on more settings.For most traders, even seasoned professionals, this is easier said!--/sse-->!--sse-->…
Chart Art: Bitcoin (BTC/USD) Is Near A Long-term Resistance Area!
Bitcoin has had a good month of October so far, rising from lows of $60,400 to current levels near $67,650.
Can the OG cryptocurrency rely on “Uptober” to consistently push BTC/USD above the key technical resistance zone?
We take a…
Daily Broad Market Recap – October 17, 2024
A busy trading calendar meant that major assets were exposed to asset-specific catalysts and new market themes!
What headlines caught investors' attention and how did your favorite asset trade?
Let's analyze the major market movements…
ECB Cuts Rates in October, Signals Openness to Further Adjustments
In a unanimous decision and as markets expected, ECB members cut key interest rates by 25 basis points as of October 23:the Deposit rate It is now down to 3.25%
the Prime refinancing rate I will retreat to 3.40%
the Marginal lending!--/sse-->!--sse-->…
Daily Broad Market Recap – October 16, 2024
Major currencies and asset classes appear to be taking their cues from their individual catalysts, with UK inflation data and the “Trump trade” taking center stage.
Crude Oil saw its usual downward trajectory, although the energy!--sse-->…
Chart Art: EUR/AUD To Extend Its Months-long Downtrend?
After a strong start to the month, the EUR/AUD pair has lost its upward momentum and looks set to extend a long-term downtrend.
Will the EUR/AUD see losses in the upcoming trading sessions?
Check out what's happening on the 4-hour time…
Chart Art: Is WTI Crude Oil (USOIL) Ready To Bounce From $70?
WTI crude oil is taking a break from its weekly losses by being in a key technical support area.
Is the black crack ready for an upward swing?
We take a closer look at the USOIL 4-hour time frame:WTI (USOIL) 4 hours Chart by!--/sse-->!--sse-->…