Oil is generally a very speculative topic.
I've burned my hands on it a few times and I shouldn't be surprised if i should do it again.
Typically, oil can be very heavily influenced by news, like today.
Oil prices were heavily influenced by OPEC statements today, although the dollar regained strength on economic news. But that left the price of oil cold.
This is just an idea, but an interesting idea!
In any case, the pressure has eased considerably from the last high in prices. In any case, we can expect further recovery steps.
So it seems as if the Fed's tactics are working
If we are dealing with a recovery here, it does not mean that we have to maintain this level.
If OPEC continues to produce less,...
Interest rate pressure or fear of inflation?
To be honest I find it very difficult to say in which direction it will go. Fundamentally, we are again at an apex. In short, the points to consider are:
- Inflationary pressure (this decreases due to interest rates)
- High demand for crude oil
- falling gas prices
- Renewed China lockdowns and thus renewed problems...
It is always particularly important to look at the ETFs to get a certain overview of several individual values. In this case, I wanted to take a look earlier at the China ETF as there are several notoriety stocks incorporated there.
As you can see charttechnically, we are at a junction. This fork is influenced by a few fundamental factors in my opinion. Including...
Just a quick reminder on the monthly chart where we are right now.
However, I would also like to emphasize at this point that this is purely an idea. You can speculate, but you don't have to. In the next idea, I'll address why I think the euro could fall even further.
Is it possible that we will have a new gold cycle ahead of us? I'm not ruling that out that much. Anyone who has been following my analyzes for a while knows that I am a supporter of the yellow metal.
Despite the sharp rise in interest rates and the strengthening of the dollar, gold and silver are holding up fairly well.
It could very well be because the key...
Anyone who knows my previous analyzes knows that I like to think about charts in the evening. This precious metal struck me as all the more interesting, and I look at it less often.
When I tried it several times, I actually noticed this interesting pattern. This doesn't have to be so untrue, if the USD is going to be weakened for a long time, why shouldn't we be...
If the bullish pattern holds true, investing in the euro against the Japanese yen could still be worthwhile.
But there could be a lot more behind it:
- The strength of the currency pair could also be an indicator of rising inflation
- However, as the dollar is on the rise, it could simultaneously cause a loss of power in the currency pair, breaking the current...