FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today
Oil: America supports Brent and WTI rally
When the conflict between Saudi Arabia and the United Arab Emirates arose, the Joe Biden administration called on these countries for peace, because if OPEC+ did not continue to increase...
Trading Signal for Crude Oil, #CL, for July 27 - 28, 2021: Sell Below $71.66
West Texas Intermediate (WTI) also known as Crude Light (#CL) has been trading these days below the 200 EMA. The crude is in a consolidation phase due to the fact...
Forex forecast 07/27/2021 on Gold, Oil and Bitcoin from Sebastian Seliga
Let's take a look at the technical picture of Gold, Oil and Bitcoin at the daily time frame chart...
US stock market review for 27.07. US stocks reach new highs ahead of Fed's meeting
The US stock market exhibited strength again at the opening of the week. Many stocks are trading at the highs of the year. Small losses incurred after the opening were...
Markets review for 26.07. Traders anticipating Fed's meeting
The US stock market closed the last trading week in the black. The Dow Jones gained 0.7%, while NASDAQ and S&P500 grew by 1%. On Monday morning, China's stock market...
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Oil demand continues to outstrip supply
Oil demand continues to exceed supply. As a result, Brent posted a sharp growth last Friday, ending the very volatile week. Supply was reported to remain limited throughout the year...
Trading Signal for Crude, Oil #CL, for July 23 - 26, 2021: Sell Below 71.88
Crude Oil, #CL, is trading below the EMA of 200 and below the 6/8 of murray. Both levels act as strong resistance. If this level is broken, the price could...
Trading Signal for Crude Oil, #CL, for July 22 - 23, 2021: Sell below 71.88
The 21 SMA on the 4-hour charts could give Crude Oil some strength and keep the price above 68.50. So, every time when there is a technical bounce towards this...
Oil prices dropping like rock
Eventually, the stellar rally in the oil market has been disrupted by a few events. Major oil exports participating in the OPEC+ deal have unexpectedly reached a compromise. Besides, global...