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Tag: WTI

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WTI Oil Technical: Sideways within a potential minor bottoming configuration – MarketPulse

Ongoing hostilities in the Middle East region and the Red Sea shipping route have put a potential “floor” in oil prices due to...

WTI Oil Technical: Momentum-term downside momentum has eased – MarketPulse

Two key positive technical analysis elements have emerged at the US$67.55/66.35 major support zone. The current medium-term downtrend phase from September 2023 may have...

WTI Oil Technical: Momentum-term downside momentum has eased – MarketPulse

Two key positive technical analysis elements have emerged at the US$67.55/66.35 major support zone. The current medium-term downtrend phase from September 2023 may have...

WTI Oil Technical: Medium-term downside momentum has eased – MarketPulse

Two key positive technical analysis elements have emerged at the US$67.55/66.35 major support zone. The current medium-term downtrend phase from September 2023 may have...

Gold Technical: Medium-term uptrend remains intact but risk of minor pull-back – MarketPulse

Today’s early Asian session’s swift rally to a fresh all-time high is likely to be driven by a thin liquidity trading environment rather...

WTI Oil Technical: Positive elements intact ex-post OPEC+ – MarketPulse

Earlier rally in WTI crude oil fizzled out ex-post OPEC+ meeting due to uncertainty over 2024 oil supply cut commitments from members. The strongest...

WTI Oil Technical: Recent plunge seems to have found a floor ahead of OPEC+ – MarketPulse

The 7-week decline of -23% in WTI crude oil has started to stabilize in the last two days. The recent rebound of +8% from...

Podcast – Dollar weakness may persist, RBA minutes and OPEC+ meeting looms – MarketPulse

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss the persistent US dollar bearish trend in the near to medium-term especially...

WTI Crude – Will oil prices encourage Russia and Saudi Arabia to extend cuts? – MarketPulse

Growth concerns weigh on demand expectations OPEC+ meeting later this month eyed for further cuts WTI hits lowest level since July Oil prices have been trending...

Data Highlights Bitcoin’s Potential Path To $40K Amid Global Economic Turbulence – CryptoInfoNet

Bitcoin (BTC) has been trading within a narrow 4.5% range over the past two weeks, indicating a level of consolidation around the $34,700 mark. Despite...

ICE Reports October Activity: 15% Surge in Total ADV

Intercontinental Exchange, Inc. (NYSE: ICE), a data, technology, and market infrastructure firm, revealed trading statistics for October 2023. ICE's October trading performance showcases growth across...

USD/CAD: BOC’s hawkish hold provides little relief for loonie – MarketPulse

Bank of Canada holds rates steady at 5.00% for a second straight meeting; keeps door open for future hikes Canadian dollar initially falls to...

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