May 8 2023 🕓 3 min
Was there a speculative short selling on crude oil?
Crude oil keeps very volatile, from -17% to +15%. Was it a speculative short selling, or data-based price move?
Market Movers
May 12 2023
NZD weakens on all fronts
The New Zealand dollar (NZD) fell on all fronts on Friday. NZD/USD is down 1.4% and NZD/JPY dropped 1.2%, while GBP/NZD is up 1.3%.
May 12 2023
Inflation levels update
The annual inflation rate in India dropped from 5.6% in March to 4.7% in April. Brazil’s inflation fell from 4.6% to 4.1%. However, inflation in Spain accelerated from 3.3% to 4.1%, and France’s inflation jumped from 5.7% to 5.9%.
May 12 2023
Mark Cuban praises AI
The potential of AI, according to Mark Cuban, is “beyond anything I’ve ever seen,” and he compared ChatGPT to the early days of the internet. Cuban has a straightforward piece of advice for businesses: join the AI race or perish. Cuban stated, “There are two types of companies in the world: those who are great at AI and everyone else.”
February 13 2022 🕓 3 min
XAG/USD statistical and technical analysis
The price of silver broke upwards from an important medium-term zone.
February 9 2022 🕓 3 min
WTI remains at multi-year highs
Oil seems massively overbought and poised for a correction if the situation in Iran and Ukraine improves.
February 4 2022 🕓 3 min
Gold remains resilient following solid NFP print
Gold remained stubbornly resilient on Friday, despite soaring US yields and strengthening US dollar.
January 24 2022 🕓 3 min
Platinum (XPT/USD) statistical and technical analysis
Platinum bounced up dynamically last week, as did other precious metals. It is above the important zone again. The current price of XPT/USD – Platinum Spot US Dollar is 1 029 (January 21, 2021). Let us therefore now turn to statistical and technical analyzes.
January 22 2022 🕓 2 min
Silver tags 200-day average
Silver exploded higher, but it is now facing two significant resistances.
January 19 2022 🕓 3 min
Palladium (XPD/USD) statistical and technical analysis
Palladium had been volatile at the end of 2021. However, new year began with a more stable development. The price of XPD/USD - Palladium Spot US Dollar is 1 909 (January 18, 2021). Will the price bounce off an important long-term level? Let us now look at statistical and technical analyzes.
January 12 2022 🕓 2 min
Gold struggles despite highest US inflation in four decades
Gold was unimpressed by the recent US inflation data as the precious metal traded unchanged on the day during the US session.
January 6 2022 🕓 3 min
Gold loses 1,800 USD after hawkish FOMC minutes
Volatility increased sharply yesterday as the Fed appears ready to tighten monetary policy faster than previously thought.
December 29 2021 🕓 3 min
Crude Oil (WTI) statistical and technical analysis
The price of the WTI is rising again after a dynamic decline at the end of November. It is currently very close to the psychological level. The current price of Crude Oil (WTI) is 76.60 (December 28, 2021). Let us therefore look at statistical and technical analyzes.
December 29 2021 🕓 2 min
Silver declines after Tuesday’s bearish pin bar
Sentiment deteriorated notably for metals as US yields jumped higher.
December 20 2021 🕓 3 min
XAG/USD statistical and technical analysis
A more hawkish tone in the FOMC press conference motivated short-term bulls in precious metals, mainly due to rising inflation. The current price of XAG/USD - Silver Spot US Dollar is 22.35 (December 19, 2021). So, let’s move on to statistical and technical analyzes.
December 15 2021 🕓 3 min
XCU/USD statistical and technical analysis
The change in inventory by London Metal Exchange (LME) warehouses is positive for 5 consecutive days. The negative correlation of this indicator thus confirms the negative development in recent days. The current price of XCU/USD - Copper Spot US Dollar is 4.263 (December 14, 2021). Therefore, we will now look at statistical and technical analyzes.