OPEC will hold another meeting on December 5-6. This article examines the possible outcomes of this meeting in the context of one of the primary influence factors.
Tag - brent
This week Brent has reached the highest levels since the end of September. It looks like oil has bottomed. Yesterday the price met resistance at 61.80 (100-day MA).
What’s next for oil? In this article, we try to analyze various fundamental factors to answer this question.
Oil prices jumped on supply concerns, while Chinese data hit the market's risk sentiment. Learn how to trade the major pairs!
Brent oil has been trading sideways in the 62.00/58.00 area since the beginning of August.
Brent oil closed last week below the 100-week MA at 61.86 for the first time since 2018
There are a lot of important releases which will affect the Forex market this week.
The upcoming days are going to contain lots of important economic events. Let’s go through them together in order to prepare for profitable trading.
Currencies move in small ranges, but more volatility lies ahead as it's a week of central bank meetings…
Check the levels for EUR/USD, USD/ZAR and oil
EUR, gold and oil are on the arena
It will be difficult for bulls to keep pushing the price to the upside.