Tag - oil

Facebook skyrocketed on Monday, and oil prices fell on risk-off sentiment

The main events of the week are Non-Farm Payrolls (NFP) on Friday and the OPEC meeting on Thursday. Watch the video to get the fresh outlook for currencies, stocks, & commodities for the June 28- July 02 trading week!

US500 (S&P 500) had the best week since February as concerns that the Federal Reserve will raise rates eased. The most impressive gains were shown by Nike and Virgin Galactic. Brent oil is trading near $75.

The Bank of England held a meeting yesterday. The statement was more dovish than expected: there were no policy changes and no new hints about future rate hikes. After that, GBP/USD dropped to 1.3900.

The Bitcoin “death cross” has occurred: the 50-day moving average has crossed the 200-day moving average upside down, giving a bearish signal. The S&P 500 rallied the most in five weeks!

The day of the Federal Reserve has finally come! What are the technical levels ahead of the meeting? What scenarios are there? Watch the video to get trade ideas for EUR/USD, GBP/USD, USD/JPY, gold, and oil!

Discover the outlook for the USD, gold, and oil for June 14-18 . Learn about the upcoming meeting of the Federal Reserve and other things that influence the market!

While traders wait for the US inflation figures due on Thursday, EUR/USD, GBP/USD, USD/JPY, and XAU/USD are ruled by support and resistance levels…

OPEC+ nations decided to stick to gradual production increases and gave a positive outlook for oil demand. Brent rose to the highest levels since 2019 on Tuesday.

Oil, the RBA, and the USD on the first day of summer

The world’s largest oil exporters, OPEC+ nations, will meet on Tuesday. The meeting is expected to start at 15:30 GMT+3.  

This week we expect the OPEC+ to move the oil prices, while the focus of majors' traders will be on the NFP