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.”
July 10 2021 🕓 3 min
XPD/USD statistical and technical analysis
The current price of XPD/USD - Palladium Spot US Dollar is 2 809.3 (July 09, 2021). The market price of this commodity has fallen dynamically in the last month. However, it is trading again at pre-decline levels. Let us therefore now turn to statistical and technical analyzes.
July 8 2021 🕓 2 min
Technical analysis of gold: What to expect in upcoming days and weeks?
In todays analysis we will be looking more closely at gold. We will not only look at the daily chart, but also at long term trend. However, to satisfy the needs of all traders, I will also look at the short term timeframes and will provide technical analysis for upcoming few days.
July 3 2021 🕓 3 min
Crude Oil (WTI) statistical and technical analysis
The current price of Crude Oil (WTI) is 75.16 (July 02, 2021). This commodity is currently testing the medium-term highs created in 2018. Rising inflation could further affect future price of oil. Let’s now look at statistical and technical analyzes.
June 26 2021 🕓 3 min
XAU/USD statistical and technical analysis
The current price of XAU/USD - Gold Spot US Dollar is 1 780 (June 25, 2021). This commodity is currently being traded in an important area after a decline caused mainly by the strengthening of the US dollar. It may play a major role for this commodity in the near future. Let’s now look at statistical and technical analyzes.
June 24 2021 🕓 3 min
Commodity analysis
Today I have prepared a commodity analysis. We will look specifically at gold and silver.
June 19 2021 🕓 3 min
XCU/USD statistical and technical analysis
The current price of XCU/USD - Copper Spot US Dollar is 4.1220 (June 18, 2021). This commodity is currently under correction and, after a dynamic decline, is approaching an important zone. Therefore, we will now look at statistical and technical analyzes.
June 16 2021 🕓 4 min
The price of lumber is starting to return to normal
Currently, a year later in May, it reached a record appreciation of up to 1700 USD. However, it is currently facing a relatively sharp drop of about 40% since its peak in May. The price thus begins to stabilize.
June 13 2021 🕓 3 min
XAG/USD statistical and technical analysis
The current price of XAG/USD - Silver Spot US Dollar is 27.890 (June 11, 2021). This commodity has been traded mostly sideways for the past month. The price has been in a slightly positive development since our last analysis. Let us therefore look again at statistical and technical analyzes.
June 5 2021 🕓 3 min
XPT/USD statistical and technical analysis
The current price of XPT/USD – Platinum Spot US Dollar is 1 162.00 (Jun 04, 2021). This commodity is mostly traded sideways this year. Dynamic movement could indicate further developments. Let us therefore look now at statistical and technical analyzes.
May 29 2021 🕓 3 min
XPD/USD statistical and technical analysis
The current price of XPD/USD - Palladium Spot US Dollar is 2 825.5 (May 28, 2021). This commodity has risen above all-time highs in the last month. We also wrote about a possible resistance of 3 000 that holds and the price has corrected down. Let’s now look at statistical and technical analyzes.
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.