Crude Oil Trading Strategies and Tips
Crude oil is the most valuable market on Earth, and a key commodity for today's economy. But how can traders build strategy to trade crude oil?
USD/ZAR Forecast: Friday’s Omicron Overshoot Sees Rand Open Higher
The “South African” dubbed Omicron variant, saw the rand nosedive last week as USD/ZAR hit 2021 highs, while travel bans may see the ZAR continue its descent.
Dow, Nasdaq 100 and FTSE Open Higher, Covid Variant Fears Remain the Dominant Market Force
Despite losses overnight in Asia, Europe is opening on the front foot with decent gains across the board.
Gold Prices Struggle Even as Markets Convulse Amid Omicron Fears
Gold prices struggled even as financial markets convulsed amid worries about the potential impact of a new, “of-concern” Omicron variant of Covid-19.
Euro Gains Under Threat as US Dollar Recovers From Omicron News. Where to for EUR/USD?
The Euro was weaker against the US Dollar today as the market digested the implications of Omicron and what it means for Fed tightening. Can EUR/USD recover?
Crude Oil Price Volatility Explodes on Omicron News Ahead of OPEC+. Where to For WTI?
Crude oil recovered some lost ground as the fallout from a new strain of coronavirus might force a re-think on releasing reserves or restricting production. Can WTI rally?
Dow Jones Falls Most in 13 Months as US Stocks Weigh Omicron. Now What?
The Dow Jones Industrial Average suffered the largest one-day loss in over a year as US stocks reacted to news of a worrying new “Omicron” variant of Covid-19. Where to…
Oil – US Crude IG Client Sentiment: Our data shows traders are now at their most net-long Oil – US Crude since Aug 23 when Oil – US Crude traded near 6,315.10.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil - US Crude-bearish contrarian trading bias.
AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Sep 28, 2021 when AUD/JPY traded near 80.77.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/JPY-bearish contrarian trading bias.
Australian Dollar Threatens Key Level as APAC Traders Eye Omicron News
The risk-sensitive Australian Dollar faces a tough session ahead, with APAC traders set to digest fresh news about the new 'Omicron' Covid-19 variant out of South Africa. AUD/USD is flirting…