March 21 2023 🕓 3 min
Gold respects $2,000 resistance for now – can it smash through?
Gold could pause its rally as investors now anticipate the Fed’s monetary policy meeting, which can go either way.
Tag: technical analysis
March 20 2023 🕓 3 min
GBP/USD is on the rise – will the new macrodata elevate it even more?
Sterling is edging higher in the battle against the US dollar. New data from Fed and BoE may tip the scales towards the pound.
March 17 2023 🕓 3 min
Oil set for the most significant weekly decline in multiple months
A very bearish week for oil is set to end with further losses on Friday. Where can the black gold be heading after the weekend?
March 17 2023 🕓 3 min
Bitcoin aims for $30,000 – uptrend still in play
The recent downfall in the banking sector helped Bitcoin thrive, sending it to its highest level since June 2022.
March 16 2023 🕓 3 min
Natural gas is rebounding slowly after a few days of losses
Natural gas may yet have the last word as it starts rebounding. Will newly increased US production status keep prices low?
March 14 2023 🕓 3 min
Oil falls amid rising yields – US inflation is out
It looks like oil could return to the $70s as a large technical formation might signal further losses.
March 10 2023 🕓 3 min
Oil spikes after hot US jobs data
Volatile oil trading was observed after this week’s headline US macro data.
March 9 2023 🕓 2 min
Gold is aiming for direction fueled by jobs data
Traders are fighting for direction as gold awaits crucial jobs data. NFP will shed some light to the future of hiikes.
March 8 2023 🕓 2 min
Silver might be in a good spot – if you look at the bright side
Powell's testimony may bring some good market opportunities. Silver might be one of them.
March 7 2023 🕓 3 min
Natural gas massacred amid warmer forecasts
Natural gas plunged sharply as weather forecasts undermined the recent bullish case.