March 30 2023 🕓 4 min
WTI advances toward previous support – more upside in the cards?
If oil is able to overcome recent resistance, we may witness another move upwards for this commodity.
Tag: technical analysis
March 29 2023 🕓 3 min
Natural gas production may rise with US and Canada in charge
The US and Canada are expanding natural gas production rapidly. Will the LNG price meet their expectation?
March 28 2023 🕓 3 min
Gold jumps as stocks fall, but confidence remains weak
Gold capitalized on a weaker dollar today, maintaining a bullish trend. Are we going back to $2,000?
March 27 2023 🕓 3 min
BioNTech results have failed to raise the stock’s value
BioNTech shares are dropping despite good results. Can Omicron shots boost the sales in the near future?
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?
March 23 2023 🕓 3 min
Natural gas lifted after EIA data – is gas dead?
The fresh EIA storage data lifted the price of natural gas, however nothing ground-breaking happened. Will we see a rise ever again?
March 22 2023 🕓 3 min
Oil is recovering before Fed’s rate announcement – will it hold?
The crudes outlook definitely seems positive for now. Will the sentiment turn after Fed announces it's decision?
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.
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?