• About us
  • Contact
  • Privacy policy
  • Terms of Use
Sunday, March 7, 2021
  • Login
No Result
View All Result
NEWSLETTER
FX Access
  • Home
  • Education
    • Preschool
    • Kindergarten
    • Elementary
    • Middle School
    • Summer School
    • High School
    • Undergraduate – Freshman
    • Undergraduate – Sophomore
    • Undergraduate – Junior
    • Undergraduate – Senior
    • Graduation
  • Best Brokers Worldwide
  • Brokers News
    Renowned Market Analyst Jameel Ahmad Joins NAGA as Director of Investment Strategy

    Renowned Market Analyst Jameel Ahmad Joins NAGA as Director of Investment Strategy

    Capital.com – Bringing Smart Trading to the Masses

    Capital.com – Bringing Smart Trading to the Masses

    Gulf Brokers Has Launched Its NewestTrading App

    Gulf Brokers Has Launched Its NewestTrading App

    SimpleFX is the First Forex Broker to Offer Chainlink

    SimpleFX is the First Forex Broker to Offer Chainlink

    SquaredFinancial Strengthens Client’s Fund Security

    SquaredFinancial Strengthens Client’s Fund Security

    Pound’s Slide Continues

    Pound’s Slide Continues

    Oil Rally Halts as Oil Stockpiles Increase

    Oil Rally Halts as Oil Stockpiles Increase

    Inflation Pressure Increases in China

    Inflation Pressure Increases in China

    Euro Gains Ground ahead of ECB

    Euro Gains Ground ahead of ECB

  • Commodities
    Palladium: Completely Reverse The Rumors for a Bubble Burst

    Palladium: Completely Reverse The Rumors for a Bubble Burst

    Energy Recap: OPEC Leaves Traders Guessing, Setting Up Volatile Move on Friday

    Energy Recap: OPEC Leaves Traders Guessing, Setting Up Volatile Move on Friday

    WTI Crude Spikes into Close Following Bullish Bloomberg Report on OPEC Production Cut Expectations

    WTI Crude Spikes into Close Following Bullish Bloomberg Report on OPEC Production Cut Expectations

    US Open – Waking From a Stimulus Induced Dream – Oil, Gold and BTC in Focus

    US Open – Waking From a Stimulus Induced Dream – Oil, Gold and BTC in Focus

    Shell Impairments Support Bearish Market

    Shell Impairments Support Bearish Market

  • Forex
    𝐄𝐮𝐫𝐨 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐖𝐞𝐞𝐤 𝐀𝐡𝐞𝐚𝐝 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐏𝐨𝐨𝐫, 𝐄𝐔𝐑/𝐆𝐁𝐏 𝐓𝐮𝐦𝐛𝐥𝐢𝐧𝐠

    𝐄𝐮𝐫𝐨 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐖𝐞𝐞𝐤 𝐀𝐡𝐞𝐚𝐝 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐏𝐨𝐨𝐫, 𝐄𝐔𝐑/𝐆𝐁𝐏 𝐓𝐮𝐦𝐛𝐥𝐢𝐧𝐠

    𝐄𝐮𝐫𝐨 𝐏𝐫𝐢𝐜𝐞 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐭𝐨 𝐄𝐱𝐭𝐞𝐧𝐝 𝐑𝐞𝐛𝐨𝐮𝐧𝐝 𝐀𝐡𝐞𝐚𝐝 𝐨𝐟 𝐐𝟒 𝐆𝐃𝐏 𝐏𝐫𝐢𝐧𝐭

    𝐄𝐮𝐫𝐨 𝐏𝐫𝐢𝐜𝐞 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐭𝐨 𝐄𝐱𝐭𝐞𝐧𝐝 𝐑𝐞𝐛𝐨𝐮𝐧𝐝 𝐀𝐡𝐞𝐚𝐝 𝐨𝐟 𝐐𝟒 𝐆𝐃𝐏 𝐏𝐫𝐢𝐧𝐭

    𝐉𝐚𝐩𝐚𝐧𝐞𝐬𝐞 𝐘𝐞𝐧 𝐋𝐚𝐭𝐞𝐬𝐭: 𝐔𝐒𝐃/𝐉𝐏𝐘 𝐏𝐥𝐚𝐲𝐬 𝐑𝐚𝐧𝐠𝐞, 𝐔𝐒/𝐂𝐡𝐢𝐧𝐚 𝐓𝐞𝐧𝐬𝐢𝐨𝐧𝐬 𝐑𝐞𝐬𝐮𝐫𝐟𝐚𝐜𝐢𝐧𝐠 𝐟𝐨𝐫 𝐀𝐔𝐃/𝐉𝐏𝐘

    𝐉𝐚𝐩𝐚𝐧𝐞𝐬𝐞 𝐘𝐞𝐧 𝐋𝐚𝐭𝐞𝐬𝐭: 𝐔𝐒𝐃/𝐉𝐏𝐘 𝐏𝐥𝐚𝐲𝐬 𝐑𝐚𝐧𝐠𝐞, 𝐔𝐒/𝐂𝐡𝐢𝐧𝐚 𝐓𝐞𝐧𝐬𝐢𝐨𝐧𝐬 𝐑𝐞𝐬𝐮𝐫𝐟𝐚𝐜𝐢𝐧𝐠 𝐟𝐨𝐫 𝐀𝐔𝐃/𝐉𝐏𝐘

    𝐁𝐫𝐢𝐭𝐢𝐬𝐡 𝐏𝐨𝐮𝐧𝐝 𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐆𝐁𝐏/𝐔𝐒𝐃, 𝐆𝐁𝐏/𝐉𝐏𝐘, 𝐄𝐔𝐑/𝐆𝐁𝐏

    𝐁𝐫𝐢𝐭𝐢𝐬𝐡 𝐏𝐨𝐮𝐧𝐝 𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐆𝐁𝐏/𝐔𝐒𝐃, 𝐆𝐁𝐏/𝐉𝐏𝐘, 𝐄𝐔𝐑/𝐆𝐁𝐏

    𝐄𝐮𝐫𝐨 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐁𝐥𝐞𝐚𝐤 𝐚𝐬 𝐓𝐫𝐚𝐝𝐞𝐫𝐬 𝐑𝐮𝐬𝐡 𝐟𝐨𝐫 𝐔𝐒 𝐃𝐨𝐥𝐥𝐚𝐫𝐬

    𝐂𝐚𝐧𝐚𝐝𝐢𝐚𝐧 𝐃𝐨𝐥𝐥𝐚𝐫 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: 𝐈𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧 𝐃𝐚𝐭𝐚 𝐭𝐨 𝐃𝐢𝐜𝐭𝐚𝐭𝐞 𝐔𝐒𝐃/𝐂𝐀𝐃, 𝐂𝐀𝐃/𝐉𝐏𝐘

    𝐂𝐚𝐧𝐚𝐝𝐢𝐚𝐧 𝐃𝐨𝐥𝐥𝐚𝐫 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: 𝐈𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧 𝐃𝐚𝐭𝐚 𝐭𝐨 𝐃𝐢𝐜𝐭𝐚𝐭𝐞 𝐔𝐒𝐃/𝐂𝐀𝐃, 𝐂𝐀𝐃/𝐉𝐏𝐘

  • Cryptocurrencies
    The Crypto Daily – Movers and Shakers – September 21st, 2020

    The Crypto Daily – Movers and Shakers – September 21st, 2020

    The Crypto Daily – Movers and Shakers – September 19th, 2020

    The Crypto Daily – Movers and Shakers – September 20th, 2020

    The Crypto Daily – Movers and Shakers – September 19th, 2020

    The Crypto Daily – Movers and Shakers – September 19th, 2020

    The Crypto Daily – Movers and Shakers – August 22nd, 2020

    The Crypto Daily – Movers and Shakers – August 22nd, 2020

    The Crypto Daily – Movers and Shakers – August 6th, 2020

    The Crypto Daily – Movers and Shakers – August 6th, 2020

  • Economic
    𝐄𝐔𝐑/𝐔𝐒𝐃 𝐓𝐎 𝐒𝐋𝐔𝐌𝐏 𝐈𝐅 𝐓𝐑𝐔𝐌𝐏 𝐒𝐓𝐀𝐘𝐒 𝐈𝐍 𝐇𝐎𝐒𝐏𝐈𝐓𝐀𝐋

    𝐄𝐔𝐑/𝐔𝐒𝐃 𝐓𝐎 𝐒𝐋𝐔𝐌𝐏 𝐈𝐅 𝐓𝐑𝐔𝐌𝐏 𝐒𝐓𝐀𝐘𝐒 𝐈𝐍 𝐇𝐎𝐒𝐏𝐈𝐓𝐀𝐋

    𝐔𝐒𝐃/𝐂𝐀𝐃 𝐒𝐋𝐈𝐃𝐄𝐒 𝐓𝐎 𝐓𝐖𝐎-𝐖𝐄𝐄𝐊 𝐋𝐎𝐖𝐒 𝐀𝐌𝐈𝐃 𝐒𝐎𝐅𝐓𝐄𝐑 𝐔𝐒𝐃, 𝐑𝐀𝐋𝐋𝐘𝐈𝐍𝐆 𝐎𝐈𝐋 𝐏𝐑𝐈𝐂𝐄𝐒

    𝐔𝐒𝐃/𝐂𝐀𝐃 𝐒𝐋𝐈𝐃𝐄𝐒 𝐓𝐎 𝐓𝐖𝐎-𝐖𝐄𝐄𝐊 𝐋𝐎𝐖𝐒 𝐀𝐌𝐈𝐃 𝐒𝐎𝐅𝐓𝐄𝐑 𝐔𝐒𝐃, 𝐑𝐀𝐋𝐋𝐘𝐈𝐍𝐆 𝐎𝐈𝐋 𝐏𝐑𝐈𝐂𝐄𝐒

    US Stock Market Overview – Stock Drop Led Down by Real Estate; Materials Buck the Trend

    US Stock Market Overview – Stock Drop Led Down by Real Estate; Materials Buck the Trend

    US Stocks Sink as Tech Stocks Extend Recent Decline

    US Stocks Sink as Tech Stocks Extend Recent Decline

    U.S. Stocks Mixed After Yesterday’s Sell-Off In Tech Shares

    U.S. Stocks Mixed After Yesterday’s Sell-Off In Tech Shares

    Biden Widens the Gap as Swing State Fence Sitters Take a Stand

    Biden Widens the Gap as Swing State Fence Sitters Take a Stand

  • Home
  • Education
    • Preschool
    • Kindergarten
    • Elementary
    • Middle School
    • Summer School
    • High School
    • Undergraduate – Freshman
    • Undergraduate – Sophomore
    • Undergraduate – Junior
    • Undergraduate – Senior
    • Graduation
  • Best Brokers Worldwide
  • Brokers News
    Renowned Market Analyst Jameel Ahmad Joins NAGA as Director of Investment Strategy

    Renowned Market Analyst Jameel Ahmad Joins NAGA as Director of Investment Strategy

    Capital.com – Bringing Smart Trading to the Masses

    Capital.com – Bringing Smart Trading to the Masses

    Gulf Brokers Has Launched Its NewestTrading App

    Gulf Brokers Has Launched Its NewestTrading App

    SimpleFX is the First Forex Broker to Offer Chainlink

    SimpleFX is the First Forex Broker to Offer Chainlink

    SquaredFinancial Strengthens Client’s Fund Security

    SquaredFinancial Strengthens Client’s Fund Security

    Pound’s Slide Continues

    Pound’s Slide Continues

    Oil Rally Halts as Oil Stockpiles Increase

    Oil Rally Halts as Oil Stockpiles Increase

    Inflation Pressure Increases in China

    Inflation Pressure Increases in China

    Euro Gains Ground ahead of ECB

    Euro Gains Ground ahead of ECB

  • Commodities
    Palladium: Completely Reverse The Rumors for a Bubble Burst

    Palladium: Completely Reverse The Rumors for a Bubble Burst

    Energy Recap: OPEC Leaves Traders Guessing, Setting Up Volatile Move on Friday

    Energy Recap: OPEC Leaves Traders Guessing, Setting Up Volatile Move on Friday

    WTI Crude Spikes into Close Following Bullish Bloomberg Report on OPEC Production Cut Expectations

    WTI Crude Spikes into Close Following Bullish Bloomberg Report on OPEC Production Cut Expectations

    US Open – Waking From a Stimulus Induced Dream – Oil, Gold and BTC in Focus

    US Open – Waking From a Stimulus Induced Dream – Oil, Gold and BTC in Focus

    Shell Impairments Support Bearish Market

    Shell Impairments Support Bearish Market

  • Forex
    𝐄𝐮𝐫𝐨 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐖𝐞𝐞𝐤 𝐀𝐡𝐞𝐚𝐝 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐏𝐨𝐨𝐫, 𝐄𝐔𝐑/𝐆𝐁𝐏 𝐓𝐮𝐦𝐛𝐥𝐢𝐧𝐠

    𝐄𝐮𝐫𝐨 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐖𝐞𝐞𝐤 𝐀𝐡𝐞𝐚𝐝 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐏𝐨𝐨𝐫, 𝐄𝐔𝐑/𝐆𝐁𝐏 𝐓𝐮𝐦𝐛𝐥𝐢𝐧𝐠

    𝐄𝐮𝐫𝐨 𝐏𝐫𝐢𝐜𝐞 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐭𝐨 𝐄𝐱𝐭𝐞𝐧𝐝 𝐑𝐞𝐛𝐨𝐮𝐧𝐝 𝐀𝐡𝐞𝐚𝐝 𝐨𝐟 𝐐𝟒 𝐆𝐃𝐏 𝐏𝐫𝐢𝐧𝐭

    𝐄𝐮𝐫𝐨 𝐏𝐫𝐢𝐜𝐞 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐭𝐨 𝐄𝐱𝐭𝐞𝐧𝐝 𝐑𝐞𝐛𝐨𝐮𝐧𝐝 𝐀𝐡𝐞𝐚𝐝 𝐨𝐟 𝐐𝟒 𝐆𝐃𝐏 𝐏𝐫𝐢𝐧𝐭

    𝐉𝐚𝐩𝐚𝐧𝐞𝐬𝐞 𝐘𝐞𝐧 𝐋𝐚𝐭𝐞𝐬𝐭: 𝐔𝐒𝐃/𝐉𝐏𝐘 𝐏𝐥𝐚𝐲𝐬 𝐑𝐚𝐧𝐠𝐞, 𝐔𝐒/𝐂𝐡𝐢𝐧𝐚 𝐓𝐞𝐧𝐬𝐢𝐨𝐧𝐬 𝐑𝐞𝐬𝐮𝐫𝐟𝐚𝐜𝐢𝐧𝐠 𝐟𝐨𝐫 𝐀𝐔𝐃/𝐉𝐏𝐘

    𝐉𝐚𝐩𝐚𝐧𝐞𝐬𝐞 𝐘𝐞𝐧 𝐋𝐚𝐭𝐞𝐬𝐭: 𝐔𝐒𝐃/𝐉𝐏𝐘 𝐏𝐥𝐚𝐲𝐬 𝐑𝐚𝐧𝐠𝐞, 𝐔𝐒/𝐂𝐡𝐢𝐧𝐚 𝐓𝐞𝐧𝐬𝐢𝐨𝐧𝐬 𝐑𝐞𝐬𝐮𝐫𝐟𝐚𝐜𝐢𝐧𝐠 𝐟𝐨𝐫 𝐀𝐔𝐃/𝐉𝐏𝐘

    𝐁𝐫𝐢𝐭𝐢𝐬𝐡 𝐏𝐨𝐮𝐧𝐝 𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐆𝐁𝐏/𝐔𝐒𝐃, 𝐆𝐁𝐏/𝐉𝐏𝐘, 𝐄𝐔𝐑/𝐆𝐁𝐏

    𝐁𝐫𝐢𝐭𝐢𝐬𝐡 𝐏𝐨𝐮𝐧𝐝 𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: 𝐆𝐁𝐏/𝐔𝐒𝐃, 𝐆𝐁𝐏/𝐉𝐏𝐘, 𝐄𝐔𝐑/𝐆𝐁𝐏

    𝐄𝐮𝐫𝐨 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: 𝐄𝐔𝐑/𝐔𝐒𝐃 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐁𝐥𝐞𝐚𝐤 𝐚𝐬 𝐓𝐫𝐚𝐝𝐞𝐫𝐬 𝐑𝐮𝐬𝐡 𝐟𝐨𝐫 𝐔𝐒 𝐃𝐨𝐥𝐥𝐚𝐫𝐬

    𝐂𝐚𝐧𝐚𝐝𝐢𝐚𝐧 𝐃𝐨𝐥𝐥𝐚𝐫 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: 𝐈𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧 𝐃𝐚𝐭𝐚 𝐭𝐨 𝐃𝐢𝐜𝐭𝐚𝐭𝐞 𝐔𝐒𝐃/𝐂𝐀𝐃, 𝐂𝐀𝐃/𝐉𝐏𝐘

    𝐂𝐚𝐧𝐚𝐝𝐢𝐚𝐧 𝐃𝐨𝐥𝐥𝐚𝐫 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: 𝐈𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧 𝐃𝐚𝐭𝐚 𝐭𝐨 𝐃𝐢𝐜𝐭𝐚𝐭𝐞 𝐔𝐒𝐃/𝐂𝐀𝐃, 𝐂𝐀𝐃/𝐉𝐏𝐘

  • Cryptocurrencies
    The Crypto Daily – Movers and Shakers – September 21st, 2020

    The Crypto Daily – Movers and Shakers – September 21st, 2020

    The Crypto Daily – Movers and Shakers – September 19th, 2020

    The Crypto Daily – Movers and Shakers – September 20th, 2020

    The Crypto Daily – Movers and Shakers – September 19th, 2020

    The Crypto Daily – Movers and Shakers – September 19th, 2020

    The Crypto Daily – Movers and Shakers – August 22nd, 2020

    The Crypto Daily – Movers and Shakers – August 22nd, 2020

    The Crypto Daily – Movers and Shakers – August 6th, 2020

    The Crypto Daily – Movers and Shakers – August 6th, 2020

  • Economic
    𝐄𝐔𝐑/𝐔𝐒𝐃 𝐓𝐎 𝐒𝐋𝐔𝐌𝐏 𝐈𝐅 𝐓𝐑𝐔𝐌𝐏 𝐒𝐓𝐀𝐘𝐒 𝐈𝐍 𝐇𝐎𝐒𝐏𝐈𝐓𝐀𝐋

    𝐄𝐔𝐑/𝐔𝐒𝐃 𝐓𝐎 𝐒𝐋𝐔𝐌𝐏 𝐈𝐅 𝐓𝐑𝐔𝐌𝐏 𝐒𝐓𝐀𝐘𝐒 𝐈𝐍 𝐇𝐎𝐒𝐏𝐈𝐓𝐀𝐋

    𝐔𝐒𝐃/𝐂𝐀𝐃 𝐒𝐋𝐈𝐃𝐄𝐒 𝐓𝐎 𝐓𝐖𝐎-𝐖𝐄𝐄𝐊 𝐋𝐎𝐖𝐒 𝐀𝐌𝐈𝐃 𝐒𝐎𝐅𝐓𝐄𝐑 𝐔𝐒𝐃, 𝐑𝐀𝐋𝐋𝐘𝐈𝐍𝐆 𝐎𝐈𝐋 𝐏𝐑𝐈𝐂𝐄𝐒

    𝐔𝐒𝐃/𝐂𝐀𝐃 𝐒𝐋𝐈𝐃𝐄𝐒 𝐓𝐎 𝐓𝐖𝐎-𝐖𝐄𝐄𝐊 𝐋𝐎𝐖𝐒 𝐀𝐌𝐈𝐃 𝐒𝐎𝐅𝐓𝐄𝐑 𝐔𝐒𝐃, 𝐑𝐀𝐋𝐋𝐘𝐈𝐍𝐆 𝐎𝐈𝐋 𝐏𝐑𝐈𝐂𝐄𝐒

    US Stock Market Overview – Stock Drop Led Down by Real Estate; Materials Buck the Trend

    US Stock Market Overview – Stock Drop Led Down by Real Estate; Materials Buck the Trend

    US Stocks Sink as Tech Stocks Extend Recent Decline

    US Stocks Sink as Tech Stocks Extend Recent Decline

    U.S. Stocks Mixed After Yesterday’s Sell-Off In Tech Shares

    U.S. Stocks Mixed After Yesterday’s Sell-Off In Tech Shares

    Biden Widens the Gap as Swing State Fence Sitters Take a Stand

    Biden Widens the Gap as Swing State Fence Sitters Take a Stand

No Result
View All Result
FX Access
No Result
View All Result
Home Education

𝐂𝐑𝐔𝐃𝐄 𝐎𝐈𝐋 𝐏𝐑𝐈𝐂𝐄𝐒 𝐌𝐀𝐘 𝐑𝐈𝐒𝐄 𝐎𝐍 𝐔𝐒 𝐒𝐓𝐈𝐌𝐔𝐋𝐔𝐒 𝐇𝐎𝐏𝐄𝐒

November 11, 2020
in Education
𝐂𝐑𝐔𝐃𝐄 𝐎𝐈𝐋 𝐏𝐑𝐈𝐂𝐄𝐒 𝐌𝐀𝐘 𝐑𝐈𝐒𝐄 𝐎𝐍 𝐔𝐒 𝐒𝐓𝐈𝐌𝐔𝐋𝐔𝐒 𝐇𝐎𝐏𝐄𝐒
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

CRUDE OIL & GOLD TALKING POINTS:

  • Crude oil prices edge up on US fiscal stimulus hopes, upbeat data flow
  • Soundbites from Washington DC, US PMI surveys now in the spotlight
  • Gold prices down as US Dollar gains alongside Treasury bond yields
Advertisement

Crude oil prices managed to retrace some lost ground Thursday after the prior day’s selloff, the largest one-day loss in over a week, as an improvement in market-wide risk appetite helped buoy sentiment-geared assets. Tellingly, the WTI benchmark tracked higher alongside bellwether S&P 500 futures.

Markets seemed to be cheered by the appearance of a positive turn in US fiscal stimulus negotiations after House Speaker Nancy Pelosi said a deal is “just about there”. Data flow was also supportive: existing home sales surged to a 14-year high while jobless claims registered lower than expected.

Gold prices fell as the chipper mood buoyed Treasury bond yields, tarnishing the appeal of non-interest-bearing alternatives. Interestingly, the US Dollar managed to shed the anti-risk trading profile defining recent price action and rose in tandem, hinting the day’s new-flow may have curbed Fed easing bets.

CRUDE OIL, GOLD PRICES EYE US FISCAL STIMULUS AND PMI DATA

Soundbites shaping fiscal stimulus expectations are likely to remain in focus through the end of the trading week. Flash US PMI surveys headline the data docket, with forecasts pointing to a slight pickup in the overall pace of economic activity growth in October compared with the prior month.

A brighter view of the near-term business cycle might keep crude oil prices supported in the near term. A lasting rally seems unlikely however as weak demand continues to weigh. In fact, an EIA implied demand gauge published this week slumped toward Covid outbreak lows registered in April.

Gold may continue to suffer if yesterday’s trade dynamics remain in play, with hopes for a strengthening recovery boosting yields alongside the Greenback. However, disappointing data flow or souring stimulus prospects in the face of opposition in the Republican-controlled Senate might buoy the yellow metal.

CRUDE OIL TECHNICAL ANALYSIS

Crude oil prices are hovering just below range resistance in the 42.40-43.88 area. A downswing from here sees initial support in the 34.64-36.15 zone, with a break below that likely exposing the 27.40-30.73 region next. Alternatively, a daily close above resistance may open the door for a test of the $50/bbl figure.

 

Recommended

The Crypto Daily – Movers and Shakers – August 6th, 2020

The Crypto Daily – Movers and Shakers – August 6th, 2020

6 months ago
What is a Pip in Forex?

What is a Pip in Forex?

5 months ago

Popular News

  • Bloomberg Dollar Spot Index

    Bloomberg Dollar Spot Index

    0 shares
    Share 0 Tweet 0
  • Scaling In And Out Of Positions

    0 shares
    Share 0 Tweet 0
  • What is a Pip in Forex?

    0 shares
    Share 0 Tweet 0
  • Hawkish and Dovish Central Banks

    0 shares
    Share 0 Tweet 0
  • Which Kind Of Returns Do You Expect To Make From Forex Trading?

    0 shares
    Share 0 Tweet 0

About Us

We created an unparalleled environment for online trading that enables us to provide access to a wide and highly diversified range of trading instruments from 6 different asset classes.

Category

  • Brokers News
  • Commodities
  • Cryptocurrencies
  • Economic
  • Education
  • Elementary
  • Forex
  • Freshman
  • Graduation
  • High School
  • Junior
  • Kindergarten
  • Middle School
  • Preschool
  • Senior
  • Sophomore
  • Summer school

Contact Us

Email: contact@fxaccess.com
Phone: +6012-345 6789

  • About us
  • Contact
  • Privacy policy
  • Terms of Use

© 2020 FX Access

No Result
View All Result
  • Home
  • Education
    • Preschool
    • Kindergarten
    • Elementary
    • Middle School
    • Summer School
    • High School
    • Undergraduate – Freshman
    • Undergraduate – Sophomore
    • Undergraduate – Junior
    • Undergraduate – Senior
    • Graduation
  • Best Brokers Worldwide
  • Brokers News
  • Commodities
  • Forex
  • Cryptocurrencies
  • Economic

© 2020 FX Access

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In