Generative Data Intelligence

Tag: WTI

Reality has started to sink in for richly valued US long-duration and growth equities – MarketPulse

Rising geopolitical risk premium may override the historical positive seasonality in the S&P 500 for the months of October and November. The US 10-year...

Monero (XMR) price forms a symmetrical triangle pattern

Monero price moved sideways in the past few days as the recent rally faded. The coin...

Geopolitical risk premium on the rise may trigger another round of risk-off movement in equities – MarketPulse

In the recent past three months, the 40% rally seen in the WTI crude oil has a significant direct correlation with the US...

USD/CAD: Canada’s payroll report outperforms the US – MarketPulse

Canada’s economy added 63,800 jobs, in September more than tripled expectations Canadian wages rose 5.3% vs 5.1% eyed and a 5.2% prior BOC rate hike...

WTI Oil Technical: Bullish exhaustion sighted below US$93.80 per barrel key resistance – MarketPulse

Recent 4 weeks of bullish movement in WTI crude oil has flashed out bullish exhaustion conditions. At the risk of shaping a bearish counter-trend/mean...

Nasdaq 100 Technical: Slipped back below 50-day moving average as Fed FOMC looms – MarketPulse

Bullish tone dissipated last Friday, 15 September ex-post Arm’s IPO spectacularly first-day positive performance as the Nasdaq 100 had a weekly close below...

USD/CAD eyes key resistance at 1.3700, pares losses on OPEC driven oil price surge – MarketPulse

Loonie pares losses alongside oil price surge Oil rises on OPEC+ action, but may remain a choppy trade on global growth concerns and rising...

WTI Oil Technical: Risk of countertrend setback after rallying a year-to-date high – MarketPulse

Erased prior two weeks of consecutive losing streaks to trade a current year-to-date closing high of US$86.31 per barrel printed on last Friday,...

Brent Crude – Oil edges cautiously higher after mixed Chinese PMIs – MarketPulse

Strong run continues Chinese data doesn’t hinder the rally Momentum may be key as price approaches August highs Oil prices are nudging higher again today, technically...

WTI Oil Technical: Potential bullish reversal to resume medium-term uptrend – MarketPulse

The recent decline of -6.8% from its 10 August 2023 high has not damaged the medium-term uptrend phase of WTI oil. Today’s price actions...

Week Ahead – Powell’s Jackson Hole Speech will be Must-See TV – MarketPulse

US The main event for next week will be the Kansas City Fed’s Jackson Hole Symposium.  Fed Chair Powell’s speech will reiterate that more...

Dollar dip might be temporary if US outlook remains robust – MarketPulse

Walmart CEO is more optimistic about spending patterns  than he did 3 months ago Dollar’s five-day rally halted as yen and yuan rebound Fed could...

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