Tag Archives: Share Trading
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Crude Oil Price Forecast: EIA Inventory Backs Bull Market Narrative
Crude oil inventories in North America fell three times as much as analysts expected at the same time that OPEC’s third largest producer is being cut out of the global market due to US tariffs all of which is leading to price advances.
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GBP/JPY Tests Chart Support as Price Narrows Deeper into Digestion
GBP/JPY is back to testing trend-line support, and this area is confluent with a Fibonacci level. But if prices can’t hold, we may be looking at a re-test of the 2018 lows and perhaps even more.
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Gold May Falls Farther As Sentiment Sours
The combination of current sentiment and recent changes gives us a stronger Spot Gold-bearish contrarian trading bias.
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XAU/USD Technical Outlook: Gold Prices Meltdown into Q2 Close
Gold has plummeted more than 8.3% off the yearly highs with prices probing fresh 2018 lows. These are the updated targets & invalidation levels that matter for XAU/USD.
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Japanese Yen Technical Analysis: USDJPY Uptrend Threatened
The Japanese Yen has been struggling against the US Dollar for months, but that dominant uptrend looks under more pressure than ever