Dollar Surges Broadly on Earning Optimism, Gold Extends Decline
Dollar rises broadly in early US session as traders seem preparing for solid Q1 earnings reports in US. Stocks indices are relatively steady, though, with DOW, S&P 500 and NASDAQ up slightly in initial trading. But after all, improvement in...
Capital Markets Trading Advice with Jesse Felder | Podcast
Key points covered in this podcast – How to master value-hunting in today’s markets – The influence and power of ‘social finance’ – The position extremes to watch out for Jesse Felder is a leading provider of capital markets trading...
WTI OIL Outlook: Oil Price Eases from New 2019 High but Bulls Look for Further
WTI oil eases from new 2019 high at $66.17, as dollar rallies at the beginning of US session on Tuesday. Oil prices received strong boost from decision of the US administration to end temporary exemptions on buying Iranian oil. Signal...
GBPUSD Testing Pattern Break
The British pound is attempting to recover higher against the US dollar after finding interim technical support from the 1.2970 level. The four-hour time frame is showing that GBPUSD buyers are now testing back towards bearish breakout area of the...
Equities Trade Mixed Amid US Cues And Holiday Impact
All information provided by Trade The News (a product of Trade The News, Inc. “referred to as TTN hereafter”) is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to Buy or...
Oil Surge To Set Post-Easter Market Agenda
Market movers today After a week of thin Easter trading, focus will be on the uptrend in oil prices (more below) and on news from the ongoing US-China trade talks; for more on our expectations of what a trade deal...
Some international banks are finally seeing their China investments pay off
As China cracks open the door further to its massive financial market, a handful of foreign firms are pulling ahead of the pack. UBS, Invesco and J.P. Morgan topped Shanghai-based Z-Ben Advisors’ annual rankings released Monday for the 25 best...
Elliott Wave View: Further Strength In Oil
Short term Elliott Wave view on Oil suggests the pullback to $63 ended wave 4. Rally in wave 5 is currently in progress and subdivides as an Elliott Wave impulse structure. Up from $63, wave ((i)) ended at $64.61, wave...
Forex Markets Tread Water as Impact of Oil Rally Fades
The forex markets remain relatively quiet in Asian session today. Canadian Dollar surged briefly yesterday as lifted by rally in oil price. WTI crude oil remains firm in at 65.80, after rising on news that US is ending Iranian oil...
WTI Bursts To A 6-Month High, Bulls May Target 70.00 Next
Earlier this month, we noted that April has historically been the most bullish month for West Texas Intermediate (WTI) crude oil, with the commodity gaining an average of nearly 5% in the month over the last 15 years (and a...
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