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This market trades a new story every day

Fundamental Oil Analysis Commodities finished lower across the board and Oil closed 168 basis points on Friday. For oilreports that Chinese demand for oil has fallen the most since the 2020 Wuhan lockdown overturned any notion of a weekend…

US Open: Stocks rise, Twitter soars

US stocks are up slightly with Russian developments taking center stage, as well as Twitter on news that Elon Musk is now the social media platform's largest shareholder. US Futures Contracts Dow futures +0.15% to 34855 S&P futures…

Forex Roundup: Mixed Rupee Signals

The Indian Rupee (INR) remained volatile last week. Rupee futures traded on the National Stock Exchange closed on a mixed note. The rupiah weakened against the US dollar (USD) and the euro (EUR). However, it strengthened well against…

Oil Report: WTI Prices Soar

WTI prices have risen significantly over the past few sessions, capturing new multi-year highs. The current week has been extremely favorable for oil prices and the accompanying volatility seems to be getting traders and market…

Pound yawns after UK GDP as expected

The pound is slightly lower on Friday, having taken investors on a rollercoaster ride a day earlier. GBP/USD was up more than 100 points on Thursday after the US inflation report, but the pound gave up almost all of those gains later in…

Forex Forecast: Pairs in Brief

Get Forex forecasts using fundamental, sentiment and technical position analysis for major pairs for the week of January 7, 2021 here.The difference between success and failure in Forex trading will most likely depend primarily on which…

A strong setback cannot be ruled out

It is likely that the pair will resume the downtrend this week.Bearish viewSet a sell stop at 36,000 and a take profit at 33,000.Add a stop-loss at 38,000.Lead time: 1-2 days.Bullish viewSet a buy-stop at 39,000 and a take-profit at…

Shiba Inu Coin Rally in 2022?

Dogecoin was the main meme coin for many years, until the Shiba Inu token started to enter the mainstream, after gathering a large base of support, forming the Shiba community, which is one of strongest crypto communities. Shiba Inu is one…

EUR/USD Forex Signal: Bearish

The FOMC gave new strength to the US dollar.My Wednesday EUR/USD signal last week was not triggered as there was not enough bearish price action when price first hit the identified resistance level at $1.1352 .EUR/USD Signals TodayRisk…

Stocks tumble over Omicron fears

Stocks and other risky assets fall sharply at the start of the week's trading, with markets troubled by the rapid spread of the omicron and the apparent death of Biden's Senate infrastructure bill.The omicron variant of the coronavirus…

Fading concerns – Forex action

Stock markets surge as Omicron's nervousness eases Another day another directional move in the markets regardless of the latest omicron stock. Following yesterday's news cues from South Africa that the new variant of Covid-19 may be…

Forex Forecast: Pairs at a Glance

Get Forex forecasts using fundamental, sentiment and technical position analysis for major pairs for the week of December 6, 2021 here. The difference between success and failure in Forex trading will most likely depend primarily on which…