S&P 500 recovered from support. AUD/USD fell as Australian retail sales missed the forecast. BTC/USD jumped on the Bitcoin conference that’s taking place today.
Crude Oil began this week sharply lower after last week’s dramatic move due to OPEC+ drama which ended right before the opening bell of this week.
Crude Oil dropped sharply last week right from our selling zone mentioned in our weekly video between 75.50 and 76.60, Brent Crude declined to 72.20’s nearing our 72.14 target mentioned in our weekly video as well.
OPEC+ has finally reached a deal. The world's largest oil exporters will be slowly returning crude to the market. S&P 500 may test lower levels and the USD is rising as a safe haven as the delta covid-19 string is rapidly spreading.
We will remember the past week for the surge in the US inflation and the soothing comments of the Federal Reserve’s Chair Jerome Powell…
Moderna rocketed after an announcement that the vaccine maker is going to join the S&P 500 index. The New Zealand dollar surged after the nation’s inflation surpassed the central bank’s target level, moving New Zealand closer to an interest-rate increase. NZD/USD rocketed!
What happened? It seems that Saudi Arabia and United Arab Emirates are still discussing a potential agreement over OPEC+ policy about cooling oil prices by increasing oil supply…
Traders await the US inflation data, oil's dealing with OPEC+ uncertainty, the earnings season starts in America, while New Zealand's and Canada's central banks will set policy.
The USD and the JPY are rising as safe havens. Oil is moving down amid the OPEC+ uncertainty. Apple stock is near the record high and may advance more. Watch the video to learn more!
Oil has surged as OPEC+ members failed to make a deal. EUR/USD, NZD/USD, and gold are edging higher. Watch the video to learn more!
Oil remains high after the OPEC+ failed to reach a deal. It's a bank holiday in the United States.
Moderna stock jumped by 7% on good news about the company's vaccine. The USD is strengthening versus the EUR, and gold moved down on Tuesday because of the stronger greenback. Watch the video to get trade ideas for Wednesday!
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