Bearish Chart Setup in Crude Oil, As China Covid Restrictions Send WTI Below $100
Crude Oil falls below $100 again as the sentiment turns bearish on China's covid restrictions, global recession and Iran's Oilfield expansio Full Article
Will the Sentiment Improve As China Comes Out of Contraction?
Manufacturing and services are finally out of contraction in China Full Article
CPI Inflation Steady in East Asia, Despite PPI Increasing
Producer PPI inflation is surging in China and Japan like in Europe, but consumer CPI inflation remain stable Full Article
Forex Signals Brief for May 17: Cryptos Turn Lower Again, Risk Currencies Still Remain Bullish
Yesterday the risk sentiment was mixed as stock markets remained unchanged, risk currencies continued to climb while cryptos retreated lower Full Article
Selling NZD/USD After the Slight Improvement in Market Sentiment
NZD/USD has been really bearish during the last month, so we decided to take another shot selling this pair after the retrace higher Full Article
Risk Assets Slightly Bullish, Despite the Crash in China
China is going from bad to worse as coronavirus restrictions continue, yet the risk sentiment is slightly on today Full Article
CPI Consumer Inflation Stays Low in China, While Producer Inflation Cools Off From the Highs
CPI consumer inflation is slowly increasing in China but it remains quite low compared to the rest of the world Full Article
Commodities Will Have A Tough Time as China Falls Deeper in Contraction
Commodities are taking a dive, as China falls into contraction due to covid lockdowns Full Article
Gold Decline Stalls at the 200 Daily SMA – Will We See A Bounce?
There are many factors affecting Gold prices right now, although sellers have been in charge until today Full Article
Crude Oil Repeats Pattern of Lower Highs, As WTI Heads for $100 Again
US WTI crude oil is facing the $100 again today, after the reversal on Friday after it failed to make higher highs Full Article
Oil Break Below $100 Again, As Commodities Dive on Chinese Lockdown
US WTI crude oil opened with a bearish gap below the 50 daily SMA last night and continues to slide lower as China lockdown continue Full Article
Oil Remains Bullish, As China’s GDP Picks Up Again
Crude oil trading above $107 as the Chinese GDP figures for Q1 beat expectations Full Article
Oil Confined Between MAs, As China Falls in Contraction
Crude oil seems confused from all the headlines and is consolidating around $100/barrel Full Article
Waiting to Buy the Retreat in Crude Oil, as Goldman Sachs Warns of Shortages
Crude Oil presenting interesting buy opportunities during pullback at MAs Full Article
Selling Silver XAU as Omicron Fears Abate, Chinese Economy Holds
Silver has formed a bearish reversing pattern and the Chinese GDP report is supporting a reversal lower Full Article
