Wednesday, October 5, 2016

Crude Oil Prices Mark Longest Winning Streak in Two Months

Crude Oil Prices Mark Longest Winning Streak in Two Months

Crude Oil Prices Mark Longest Winning Streak in Two Months

Posted: 05 Oct 2016 07:12 PM PDT

Crude oil prices rose for a sixth consecutive day, marking the longest winning streak in two months. A consolidative lull may be ahead as markets look on to US jobs data.

British Pound May Have Bottomed vs. Japanese Yen

Posted: 05 Oct 2016 04:56 PM PDT

The British Pound seems to have confirmed early signs of bottoming against the Japanese Yen and final profit has been booked on a short trade from 135.56.

Crude Prices Rise as US Inventories Fall for Fifth Week

Posted: 05 Oct 2016 03:54 PM PDT

Crude oil prices fell about 0.3 percent today as the EIA reported a fifth week of stockpile reductions. Crude inventories fell 2.3 million barrels.

IMF Sees Short Term Risks Abated, Medium Term Risks Remain Strong

Posted: 05 Oct 2016 01:34 PM PDT

The October update to the IMF’s global financial stability report noted a decrease in short-term risks from April, however it also warned of persistent medium term risks.

GBP/JPY Faces Biggest Test of Month Long Downtrend

Posted: 05 Oct 2016 11:21 AM PDT

An objective break of the weekly opening range shifts the near-term focus higher. Here are the updated targets & invalidation levels that matter.

China’s Market News: USD/CNH Approaches 6.70 Amid No Yuan Fix

Posted: 05 Oct 2016 10:10 AM PDT

The offshore Yuan pair is near the key psychological level once again while Chinese onshore markets are closed for a national holiday.

Crude Oil Price Forecast: Inventory Data Takes Oil Toward $50

Posted: 05 Oct 2016 09:40 AM PDT

WTI Crude Oil Fundamentals Are Beginning to Align with a Bullish Technical Head & Shoulder’s Pattern That Could See Oil Continue to Rise.

USD/JPY Breaks to New Monthly Highs

Posted: 05 Oct 2016 09:40 AM PDT

The USD/JPY trades to new highs, as the pair advances for the 7th session.

Silver Prices Melt into Confluence of Support, but Can It Hold?

Posted: 05 Oct 2016 05:11 AM PDT

Silver took a hard hit yesterday, but sits at an area of support...

US Dollar Looks to ADP, ISM for Clues Ahead of September NFPs

Posted: 05 Oct 2016 05:00 AM PDT

Both US Dollar indexes (DXY and USDOLLAR) are sitting near key resistance levels.

EUR/USD Vulnerable to Further Losses on Upbeat ISM Survey

Posted: 05 Oct 2016 03:00 AM PDT

A marked improvement in the ISM Non-Manufacturing survey may generate further losses for EUR/USD as it boosts speculation for a 2016 Fed rate-hike.

NZD/USD Technical Analysis: Kiwi Drops to 2-Month Low

Posted: 05 Oct 2016 02:38 AM PDT

The New Zealand Dollar has dropped to the lowest level in almost two months against its US counterpart after prices cleared trend support set from late May.

FTSE 100 Trades Near Record High, Pattern Projection

Posted: 05 Oct 2016 01:48 AM PDT

The UK index rips out of bullish formation, record highs nearly achieved, more potential left...

Pound Drops on Hard Brexit Fears, US Dollar May Rise on Fed Bets

Posted: 05 Oct 2016 12:37 AM PDT

The British Pound fell amid fears that the UK may sacrifice EU single market access after Brexit. The US Dollar may rise as Fed rate hike bets continue to swell.

Gold Prices May Continue to Sink After Largest Drop in 15 Months

Posted: 04 Oct 2016 11:53 PM PDT

Gold prices may continue to drop after suffering the largest loss in 15 months as Federal Reserve interest rate hike speculation continues to heat up.

Fed, ECB and BoJ Monetary Policy: The Market’s Bermuda Triangle

Posted: 04 Oct 2016 10:34 PM PDT

The world’s three most influential central banks find their current policy bearings in flux, and their journey will redirect the FX market and potentially even the global financial market.
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)