Reaction to US ISM Services Shows Markets Remain at the Middle of the Road
We are seeing large moves on any decent economic report, which indicates that markets are not certain about a hard or a soft global recessio Full Article
WTI Oil Bouncing Late Last Year But Can It Sustain Bullish Momentum?
Crude Oil has formed a bullish reversing pattern but it is facing the 50 daily SMA as resistance Full Article
Markets Worries/Risks Shift From Rate Hikes to Global Recession
Risk sentiment improved in the last two months as central banks started slowing with rate hikes, but the global economy might fall into rece Full Article
Low Black Friday Turnout Points Lower in Crude Oil As Consumers Suffer
Crude Oil broke below the 100 weekly SMA last week which has opened the door for further declines in the weeks ahead Full Article
Is the Bullish Retrace in Crude Oil Reaching the Limit Soon?
Crude Oil has made some massive gains in a week, but it is approaching the 50 daily SMA and the global economy is weakening, so we're lookin Full Article
Oil Making Some Gains on Russian Proposal to OPEC to Cut Output
Crude Oil was gaining on Russian proposal to OPEC to cut the Oil output, but the retrace higher might already be over Full Article
Crude Oil Returns Below $80 After A Failed Attempt, Showing Selling Pressure
Crude Oil has fallen below $77 as recession fears overwhelm the markets and further declines are expected Full Article
EUR/USD Back at Parity As Expectations of Europe Falling Into A Recession Increase
EUR/USD has pierced the parity level again and it seems like this time the break below will be sustainable on Eurozone recession fears Full Article
Will Europe Avoid Recession As Services Get Revised Higher?
Eurozone services for July were revised higher today after the really weak numbers we saw in the first reading Full Article
Selling Crude Oil on Weaker Global/Chinese Economic Data
We booked profit selling crude Oil, as it continues lower s the world heads into a recession Full Article
Is Crude Oil Bullish Or Bearish In Bigger Charts Now?
Crude Oil has been bullish for the last three days after being bearish for a month, after being bullish for two years. Where does it stand n Full Article
Will Inflation Abate for Central Banks to Start Cutting Rates Next Year?
Central banks are on a rate hike frenzy but the global economy is heading into recession which might force them to reverse the policy in 202 Full Article
Bearish Signs in Crude Oil Again, As US WTI Dives Below $96
Crude Oil has been rejected by smaller MAs on the H1 chart, falling below $98 again, indicating strong selling pressure Full Article
Copper And Commodities Dive, As Recession Fears Take Over
Commodities such as Copper and Oil have been hit hard in recent days, as the risk sentiment turns negative again Full Article
Will the EU Fall in Recession As Business Climate And Consumer Sentiment Worsen?
The EU seems to be heading into recession as services slow down considerably as a result of surging prices Full Article