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Oil Struggles To Break Out; Prices Expected To Trade In A Narrow Range Ahead Of OPEC Meeting

Oil Struggles To Break Out; Prices Expected To Trade In A Narrow Range Ahead Of OPEC Meeting

 Image Source: Pixabay   Oil prices gained on Tuesday, but traded in a narrow range ahead of the OPEC+ meeting on Thursday. OPEC+ may have to extend voluntary production cuts till the end of March next year, Commerzbank said. Investors will monitor key economic data from the US for further cues on Fed’s interest rate cut […]
FX Daily: BRICS Currencies Under Pressure

FX Daily: BRICS Currencies Under Pressure

Image Source: Unsplash  FX markets continue to see a strong dollar even though this week should really be about US data and prospects for Fed easing. The currencies of three of the five BRICS founding members are under pressure. This is not entirely down to the threats of President-elect Trump, but also reflects home-grown problems. US JOLTS […]
Elliott Wave Technical Analysis – Euro/U.S. Dollar

Elliott Wave Technical Analysis – Euro/U.S. Dollar

Euro/U.S. Dollar (EURUSD) Day ChartEURUSD Elliott Wave Technical Analysis Function: Bearish Trend Mode: Impulsive Structure: Orange Wave 3 Position: Navy Blue Wave 3 Direction Next Higher Degrees: Orange Wave 4 DetailsThe EURUSD daily chart demonstrates an Elliott Wave analysis, identifying a bearish trend in progress. The current wave structure is categorized as orange wave 3, forming part of a broader impulsive […]
Metal Markets Report For Monday, Dec 2

Metal Markets Report For Monday, Dec 2

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:10:43More By This Author:SPDR ETF Report For Monday, Dec 2Financial Markets Report For Monday, Dec 2Metal Markets Report For Wednesday, Nov 27
XAG/USD Remains Capped Below $31.00, Further Consolidation Cannot Be Ruled Out

XAG/USD Remains Capped Below $31.00, Further Consolidation Cannot Be Ruled Out

Image Source: Pixabay Silver price climbs to around $30.90 in Tuesday’s early European session, up 1.24% on the day.  Silver crosses above the 100-day EMA, but further consolidation cannot be ruled out with the neutral RSI indicator.  The first upside barrier is located at $31.68; the initial support level is seen at $30.50. The Silver price (XAG/USD) gains […]
Drunk On Ripple

Drunk On Ripple

Image by WorldSpectrum from PixabayAs if you needed any more evidence of market insanity, take a moment to look at Ripple (XRP-X), the cryptocurrency that, like Doge (DOGE-X), was created just as a joke, but has become a financial giant. It has gone up about 400% in just the past month based on………….nothing. Nothing except popularity. It’s sort of like how some famous people are famous because […]
Gold Fluctuates Amid Dollar Strength: What’s Next For Prices?

Gold Fluctuates Amid Dollar Strength: What’s Next For Prices?

Image Source: Pixabay Gold prices were steady on Tuesday even as the market awaited the release of key US economic data. The ADP employment report and non-farm payrolls data later this week will lend cues to gold prices. Experts believe gold prices will be volatile in the lead up to the US Fed policy meeting later […]
Trump expected to name new SEC chair “as soon as tomorrow”

Trump expected to name new SEC chair “as soon as tomorrow”

Key Takeaways Paul Atkins is the leading candidate for the new SEC Chair position with a 70% probability. Current SEC Chair, Gary Gensler, has focused on increased crypto oversight. Share this article President-elect Donald Trump’s transition team is weighing in on a number of SEC Chair candidates and may reveal their choice “as soon as […]
Gold & Gold Stocks Will Surge When Stock Market Cracks

Gold & Gold Stocks Will Surge When Stock Market Cracks

Image Source: UnsplashPrecious Metals are setup to move higher and diverge from the stock market when it endures its next bear market.History shows how this transpires at or near the beginning of secular bull markets.Video Length: 00:11:50More By This Author:Gold & Silver Volatility Is Declining Game Changing Catalyst For Gold Approaching Gold is Most Uncorrelated Asset, […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Tuesday, Dec 3

Gold Trading Strategy, XAUUSD Analysis & Forecast – Tuesday, Dec 3

Image Source: DepositPhotosToday you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:03:15More By This Author:GBPUSD Analysis & GBPUSD Price Prediction Forecast […]