Is WTI Crude Oil Going to Break Below $50 Now That the 50 SMA Has Caught Up Again?
US WTI Crude has found support above the $50 area, but the 50 SMA keeps pushing it down and lowering the highs which is copressing WTI Full Article
The AUD Bounces But Lowe Awaits
The Aussie is pushing higher early in the week, after a poor close on Friday saw it fall back to the most recent lows. But for me, this migh Full Article
Baker-Hughes Reports Decrease In U.S. Rigs
Friday was a tight day for WTI, featuring a modest range and slightly positive close. For now, the pressure is off of energy bulls. Full Article
Gold Breaks This Year’s Highs and Heads for Last Year’s Highs
Gold has turned bullish again now and it has broken this year's highs Full Article
Steady Is The Course For Cryptocurrencies
Following some early-June turbulence, there is a lot to be happy about if you are holding long positions in cryptocurrencies. Full Article
Moving Average In Play For The USD/CAD
Today’s bullish breakout in the USD/CAD has been a surprise. Rates are challenging the Daily SMA at 1.3390 and are looking to press higher. Full Article
UM Sentiment Index Lags, USD Hangs Tough
The two drivers of the USD from now until Christmas will be resolution to the U.S./China trade war and FED rate cuts. Full Article
U.S. Retail Sales Mixed, Indices Fall
All in all, today’s U.S. economic metrics don’t look too bad. Nonetheless, traders are choosing to focus on the negatives. Full Article
I Don’t Think OPEC or Anyone Else Can Help Oil As the Global Economy Keeps Weakening
Crude Oil jumped higher yesterday after the attack on Iranian Oil tankers, but that didn't last. That is a strong bearish signal Full Article
Daily Briefing, June 14 – Economic Events Brief – US & Chinese Events In Focus
The economic calendar is fully loaded with top-tier economic events, from China and the U.S. It's going to be a volatile session today... Full Article
Key Technical Levels in Forex & Commodities – US CPI Ahead
On Friday, the U.S. inflation figures are likely to drive market sentiments. Check out key trading levels today... Full Article
Bitcoin Keeps on Pressing Higher: Levels
The rally in Bitcoin looks like it is set to continue after price regained and has held the all-important $8,000 level. Full Article
Heavy Volumes Hit July WTI Crude
Given the failed bullish break above $54.00 earlier in the week, the downtrend in July WTI crude oil is in full effect. Full Article
1.1250 In View For EUR/USD
The EUR/USD has been tight today, producing a range of 35 pips. Perhaps Friday’s U.S. Retail Sales will bring some action to this market. Full Article
