March 24 2023 🕓 3 min
Is copper on track for a massive rally?
Many significant investors expect copper prices to jump notably. What is this assumption currently based on?
Market Movers
March 24 2023
Nasdaq to offer crypto services in Q2
Nasdaq is about to launch crypto custody services in the second quarter of this year. Nasdaq is reportedly moving forward to get all the necessary technical setup and regulatory approvals ready.
March 24 2023
The EU stock market in red due to banks
The European stock market was brought down by the banking sector. DAX fell 2% due to ongoing fears that another bank will crash. Deutsche Bank is down 15%, while UBS along with Credit Suisse both lost around 6%. Other notable industry players like BNP Paribas and Commerzbank suffered losses as well.
March 24 2023
Bitcoin reportedly entered a supercycle
Bitcoin appears to be entering a new bullish “supercycle,” according to Bloomberg senior analyst Mike McGlone. He claims Bitcoin is the best-performing asset in 2023, increasing its price “nearly 10 times” as much as gold.
May 22 2021 🕓 3 min
Crude oil (WTI) statistical and technical analysis
The current price of Crude Oil (WTI) is 63.58 (May 21, 2021). This commodity has recently traded sideways in an important area. Rising inflation could also affect the future price of oil. Let’s now look at statistical and technical analyzes.
May 19 2021 🕓 2 min
Silver – Statistically negative returns ahead
Silver has been able to recover in recent weeks. This is due to a growing economy globally after the pandemic, a significantly strengthened manufacturing sector, and inflation expectations and inflation, which are still rising.
May 15 2021 🕓 3 min
XAU/USD statistical and technical analysis
The current price of XAU/USD - Gold Spot US Dollar is 1 842 (May 14, 2021). This commodity is currently traded in an important area. The price of gold can be affected by other fundamental factors (rising inflation) and uncertainties in global financial markets. Let us look at statistical and technical analyzes.
May 8 2021 🕓 3 min
XCU/USD statistical and technical analysis
The current price of XCU/USD - Copper Spot US Dollar is 4.7660 (May 07, 2021). This commodity broke above the all-time highs that were created after the GFC. Therefore, we will now look at statistical and technical analyzes.
May 2 2021 🕓 3 min
XAG/USD statistical and technical analysis
The current price of XAG/USD - Silver Spot US Dollar is 25.90 (April 30, 2021). This commodity has been trading sideways in recent weeks, after rebounding from an important level in early April. Let us therefore look at statistical and technical analyzes.
April 25 2021 🕓 3 min
XPT/USD statistical and technical analysis
The current price of XPT/USD – Platinum Spot US Dollar is 1 229.50 (April 23, 2021). This commodity has a good appreciation over the last year compared to other precious metals. The price development has also been much better in recent months. Let us therefore look now at statistical and technical analyzes.
April 18 2021 🕓 3 min
XPD/USD statistical and technical analysis
The current price of XPD/USD - Palladium Spot US Dollar is 2 777.5 (April 16, 2021). This commodity is currently heading for the overall highs reached before the outbreak of the COVID-19 pandemic. Price momentum is also high in recent weeks, so let’s now look at statistical and technical analyzes.
April 10 2021 🕓 3 min
Crude Oil (WTI) statistical and technical analysis
The current price of Crude Oil (WTI) is 59.32 (April 09, 2021). This commodity has recently traded sideways in an important area. We see a completely different situation in this market compared to the same time last year, when the market price fell to the lowest level ever. Let’s now look at statistical and technical analyzes.
April 3 2021 🕓 3 min
XAU/USD statistical and technical analysis
The current price of XAU/USD - Gold Spot US Dollar is 1 729 (April 02, 2021). This commodity is currently traded in an important area. There are other fundamental factors and uncertainties in global financial markets that could affect the price of gold. Let’s look at statistical and technical analyzes.
March 28 2021 🕓 3 min
XCU/USD statistical and technical analysis
The current price of XCU/USD - Copper Spot US Dollar is 4.0785 (March 26, 2021). This commodity is currently trading close to an important psychological level. Such a high price was here even after the GFC. Therefore, we will look at statistical and technical analyzes.
March 21 2021 🕓 2 min
XAG/USD statistical and technical analysis
The current price of XAG/USD - Silver Spot US Dollar is 26.245 (March 19, 2021). This commodity traded sideways in the last week, after rebounding from an important level a week ago. Therefore, we will look at statistical and technical analyzes.
March 13 2021 🕓 4 min
Gold – The bottom could be behind us
In February, we saw a significant drop in gold price on the stock exchange. The most crucial factor that caused this decline was the growth of yields on the bond market. The relationship is simple, as yields on US government bonds rise, precious metals, even the stock market, tend to weaken. On the contrary, if long-term bond yields fall again, we can expect growth in precious metals. It is not the only factor, but the key one.