The recent rise in commodity prices, including gold, silver and crude oil, points to better growth expectations in 2020. Despite downside risks amid geopolitical and macroeconomic factors remaining elevated, a weaker dollar could support the end-of-year theme. Timestamps XAUUSD 1H 01:40 XAGUSD 1H 03:20 WTI 1H 05:10 Stavros Tousios Head of Investment...
In today’s market insights, I talk about what drives the #Oil higher and how have #Gold traders taken the positive US data and #Brexit headlines! Watch me analyse crude oil and the precious metal using as regular ElliottWaves! Timestamps XAUUSD 1H 01:25 WTI 1H 03:35 Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market...
In today’s market insights I talk about the massive Trump sell-off seen in the markets following his comments that a phase 1 trade deal could be now dragged later than the 2020 election. Gold and Oil were affected by the pessimistic rhetoric as participants received the delay announcement! The yellow metal appreciated while Crude oil jaw-dropped days ahead of...
In today’s market insights I talk about how the latest trade war and API developments affected the prices of gold and oil. Gold appreciated while trade optimism increased! That was owed to poor US data, however! But I do expect the upside to be limited! Crude, although supported by positive trade ware narratives, ended the session muted as bullish flows were...
In today’s #marketinsightsvideo recording, I talk about markets’ rate cut expectations and how this month’s #FOMC is likely to affect the prices of #gold. I also look into #crude #oil as well, as it seems to be affected by #API more than it does from geopolitics, including the latest hopes on trade wars. With #EIA coming up it makes a good commodity to add on...
In today’s #marketinsights video recording I analyse #Crude #Oil and #Gold! Despite #wti should be under pressure on the last #API build, #Brexit, #US-Sino and oil field attacks by ISIS held the commodity upbeat! Meanwhile, in UK politics the "meaningful" vote took a U-turn to what I like to call "meaningless" vote as parliamentarians did indeed approve #BoJo's...
In today's #marketinsights video recording I analyse #XAUUSD and #WTI Oil! Gold Lower on: - Brexit optimism despite running out of time - Banks reporting good Q3 results, and equities rising - US-Sino on a stalemate, allowing new-coming flows to take over Crude Oil Lower on: - IMF downgrading growth again, again - Dismissed excitement surrounding limited trade...
My opinion only - don't use as investment advice
In today's #marketinsights video recording I analyse #XAUUSDand #WTI #Gold higher on: - 10-year low ISM Manufacturing - North Korea missile firing - Impeachment inquiry pressures - US-Sino trade-war hard stance - Borris Johnson's rejected leaked plans #Crudeoil slide affected by: - US-Sino rhetoric - SA production restoration & Yemen ceasefire - Iran bypassing...
TVC:USOIL Trade Idea Looking to set longs on a pull-back to support ($56.00) for a more sustained up move towards 2019 highs. Descending triangle has broken higher Double bottom formation has formed Price action above Ichimoku cloud Middle East tension on back of attacks on Saudi oil facilities - Iran being blamed Expecting further build of tension and...
This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they...
This is intended more as educational material on a strategy for using renko charts. To begin with, I'll be using USOil in the examples but will include other markets as I continue through the series. The material is not intended to prescribe or recommend actual trades as the decision to place trades is the responsibility of each individual who trades as they...
Oil is likely headed higher over the coming months, but there are many challenges that lie ahead. In this update I breakdown the chart using Elliott Wave and Fibonacci as well as discuss some important global macro factors as well.
all mentioned in chart kindly have a look and stay with trend
hel all check my view and if any disconnect lamme know
Back into Balance
One Way, two legged moves on Crude appear to have finished here @ $73