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Crude Oil Prices Fall as US-Iran Nuclear Talks, Stockpiles Eyed

Posted by By 19/05/2021Posted inForex
Crude oil prices fell for a second day as markets weighed progress in US-Iran nuclear talks. US crude inventories climbed less than expected amount last week, buoying the outlook for…
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Gold Prices Test Key Chart Resistance on Weaker Dollar, FOMC Minutes Eyed

Posted by By 19/05/2021Posted inForex
Gold prices are challenging a key resistance level at $1,875 and may be facing some selling pressure. A weaker US Dollar and rising inflation expectations are lending support to bullion…
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Dow Jones, S&P 500 Forecast: Are Retail Traders Buying the Dip? 2020 Trendlines Eyed

Posted by By 19/05/2021Posted inForex
The Dow Jones and S&P 500 remain vulnerable to rising net-long retail trader positioning bets. Will dominant uptrends from last year’s bottom hold? Eyes are on support.
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Bitcoin, Litecoin Aim Higher After Cryptos Get Musked Over Weekend

Posted by By 19/05/2021Posted inForex
Bitcoin and Litecoin are moving higher after Tesla CEO Elon Musk's Twitter dealings injected volatility into the crypto market.
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S&P 500 Index Retreats as Energy Stocks Fall, Nikkei 225 and ASX 200 May Follow

Posted by By 19/05/2021Posted inForex
The S&P 500 index retreated for a second day as investors mulled inflationary pressures ahead of the release of April’s FOMC minutes. Crude oil fell on US-Iran nuclear talks. APAC…
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AUD/USD Rises with Iron Ore as Westpac Consumer Confidence Looms

Posted by By 18/05/2021Posted inForex
The Australian Dollar is gaining against the US Dollar as rising iron ore helps boost the Aussie Dollar. Westpac Consumer Confidence is in focus.
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Gold Price Forecast: XAU/USD Bid on Weak Dollar, Softer Yields

Posted by By 18/05/2021Posted inForex
Gold price action (XAU/USD) added to its string of gains on Tuesday. US Dollar weakness and lower real yields have helped propel the precious metal higher, but can gold bulls…
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USD/CAD Analysis: Loonie Strength Continues Ahead of Key Inflation Data Release

Posted by By 18/05/2021Posted inForex
USD/CAD has been on a tear of late, with “post-taper” Loonie strength propelling the pair to lows not seen since 2015.
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Dow Jones Price Forecast: Broader Uptrend Remains Intact Despite Volatility

Posted by By 18/05/2021Posted inForex
Although recent losses have worked to damage risk appetite and shorter-term trendlines, the broader uptrend enjoyed by the Dow Jones remains fully intact. Unless price breaks the trendline, the Dow...
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Oil Price Forecast: Crude Oil Rally at Risk as WTI Stalls at Resistance

Posted by By 18/05/2021Posted inForex
Oil prices surged more than 17% off the March low with the rally probing resistance for a third consecutive week. The levels that matter on the WTI technical chart.
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