Reversal trend has formed. Looking for pullback to enter long and confirmation of strong support level. Need to hold 0.99 level in order to keep the bullish trend.
As tensions continue to escalate between the West and Russia, a new development has emerged in the ongoing struggle over oil shipments. The West has been using shipping insurance as a tool to put pressure on Russia, but this strategy has had limited success so far. Insurance is only available for shipments valued at less than $60 a barrel, and as it happens,...
Following price cap on Russian oil, Opec+ is likely to cut oil supply for the second time. Technically, CL has broken above the downtrend resistance and now in a correction wave. Getting filled at $77 will give us the ideal RRR in this trade.
Can see some higher highs on the daily we need to close above 90.5. Possible rejection of of that level and continuation to the downside.
try and be patient with this one. Geopolitical headlines will move it fast in this thin volume topping structure. await a run up near 60 and then play for downside strong fundamentals: finviz.com Greenlight Capital also discussed CONSOL Energy Inc. (NYSE:CEIX) in its Q2 2021 investor letter. The fund said: “Thermal Coal and Natural Gas ESG investing is...
Oil prices were whipsawed this week with swings of more than 6%1 after a report from the Wall Street Journal suggested that Organisation of the Petroleum Exporting Countries (OPEC+) is looking to possibly increase output by 500,000 barrels per day (bpd). The rumour could have easily been justified by President Biden’s decision to offer sovereign immunity to the...
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Don't forget From December, the EU and G7 also want to cap the price countries pay for Russian oil. They are telling importers of Russian crude oil that western insurers will not cover oil shipments if they pay more than the cap. and also we have OPEC meeting in the beginning of December
NGAS - As observed in previous heating seasons across EU, US, and Central Asia, there is a strong possibility of raising the demand for Natural Gas, instabilities in delivering, producing, and trading the blue fuel may soon lead to a not-so-cheerful holiday season in the EU and the UK. Panic is raising and if Russia decides to continue cashing on that fear, we...
The Euro has lost some ground against the US dollar after reports that Russian missiles had struck inside the Polish border killing two polish citizens. The reason for the drop in the Euro is because Poland is a NATO member and the potential results of this, yet unverified report, is a retaliation from Polish and/ or NATO forces. Poland has previously noted that...
Hello traders. Gold is continuing to create Higher Highs and preseserves Higher Lows. If you look on the left of past chart depiction, the area of 178x has been considered a former resistance like the 179x. Finally, the price last August touched 1803 level and fell vigorously. So, every possible entry at these levels could be profitable. But, the safest...
Key support level has been held, next stop 108/107. Last local resistance must be. broken next week and held above.
Here you can see that the 4 year BTC cycle lines up well against the oposite corelation against DXY. So much history in 20 years with some important major events to gander at. Why does the DXY drop when FTX files bankruptcy? So many questions about why the DXY moves the way it does. Is this the Bitcoin bottom? Not according to the 4 year cycle. We could be headed...
'''''''This is NOT a financial advice"""""" In this pair, the price can still touch 0.98 area before continue its journey on formed channel since early september. Meanwhile European countries are preparing themself for coming winter and of course Russia will use this opportunity to put some pressure on EU to get off of some sanctions. that means Euro zone is now...
Overall bullish trend although we might have one more pullback to 97.2. Big size entry tight stop loss
Believe it or not, Bitcoin on the monthly frame says that we are at the end of Bitcoin's decline, and we will go down to the bottom and then head to higher levels!
Pay attention to the market and news before trading please The situation is very embarrassing
Fundamentals: Slowing growth from Google and Microsoft continued our confirmation of a slowing macro environment. Microsoft reporting slowing growth in cloud revenue. Google even said their strongest ad flow of "search" saw a decline in revenue. Ad spend being the canary in the coal mine indicates the market is ready to continue it's collapse. META continues to...