Fx-jomic

Fx-jomic

After an initial surge to levels not seen since October 2018, futures pared gains after OPEC and its allies, known as OPEC+, delayed its ministerial meeting until Friday to hold more talks on oil output policy, sources said, after the United Arab Emirates blocked a plan for immediate reduction in supply cuts.The main trend is up according to the daily swing chart....

Fx-jomic

After another mixed day for the crypto majors on Wednesday, it’s been another bearish morning for Bitcoin and the broader crypto market. At the time of writing, Bitcoin, BTC to USD, was down by 4.79% to $33,382.4. A mixed start to the day saw Bitcoin rise to an early morning high $35,069.0 before hitting reverse.Falling well short of the first major resistance...

Fx-jomic

Gold futures opened at $1954 on the first trading day in January and closed today at $1770.60, suffering a drawdown of $184. That means that gold lost 9.416% in value over the first half of 2021.Headwinds from dollar strength, a flight into the cryptocurrencies during the first quarter of 2021, higher yields in U.S. debt instruments, and a strong U.S. equities...

Fx-jomic

Reuters) -Oil prices edged higher on Thursday, supported by lower U.S. inventories, as investors waited for a decision from key producers on whether they would maintain or reduce supply cuts in the second half of the year. ose more than 10% in June while Brent added over 8%, touching their highest levels since October 2018, as more people were vaccinated against...

Fx-jomic

GBP USD continued losing ground through the first half of the European session and dropped to one-week lows, around the 1.3840-35 region in the last hour. The GBP/USD pair came under some renewed selling pressure on Tuesday and extended its recent rejection slide from the key 1.4000 psychological mark. This marked the third day of a negative move in the previous...

Fx-jomic

hello traders here is sell set up for USOIL using the TOP DOG TREND FALLOW! Oil prices eased overnight as pandemic concerns, and their effect on global growth, and overbought technical indicators, saw markets lighten long positions into this week’s OPEC+ meeting. WTI fell by 1.65% to USD 72.75 a barrel. With Asia’s pandemic nervousness increasing, oil prices...

Fx-jomic

Much of the recent action in gold which has been lackluster at best, can be attributed to the dynamic moves in U.S. equities, coupled with the lower volume which is attributable to the summer months. The lackluster performance of gold over the last five trading days cannot be attributed to market participants waiting upon the monthly U.S. jobs report which will be...

Fx-jomic

Over the weekend, the UK’s Financial Conduct Authority banned Binance, the world’s largest cryptocurrency exchange, from conducting any regulated activity in the UK. In the consumer warning, the regulator also advised people to be wary of adverts promising high returns on cryptoasset investments or cryptoasset-related products. Bitcoin initially fell on the news,...

Fx-jomic

E/U is down on a daily basis, trading near the 1.1900 figure as demand for the greenback picked up ahead of the US opening. Major pairs had spent the first half of the day consolidating within familiar levels, with the limited trading range exacerbated by the absence of macroeconomic releases. In the EU, ECB’s Robert Holzman said there’s no room to increase...

Fx-jomic

Early last week, Federal Reserve Chair Jerome Powell said in prepared testimony for a congressional hearing that the U.S. economy continues to show “sustained improvement” from the impact of the coronavirus pandemic and ongoing job market gains, but inflation has “increased notably in recent months.” Powell did not go into detail in his prepared remarks on current...

Fx-jomic

Oil prices a found support as the approval of a U.S. infrastructure bill boosted optimism over the energy demand outlook. Meanwhile rising COVID-19 cases in Asia have put a modest dampener on the outlook. Indonesia, for example, is battling record-high cases. Malaysia is set to extend a lockdown and Thailand has announced new COVID-related restrictions.The...

Fx-jomic

After laughing at Jack Dorsey’s proposition for a Bitcoin conference earlier, Elon Musk has actually agreed to a BTC conversation with the CEO of Twitter at the event.As reported earlier, Elon Musk likes to have fun with the cryptocurrency community. Perhaps that’s why he initially laughed at Jack Dorsey’s most recent Bitcoin endeavor. The CEO of Twitter announced...

Fx-jomic

On the data front, 411,000 filed for initial jobless claims in the U.S. during the previous week as the labor market is steadily rebounding from COVID-19 thanks to a reopening economy. Forecasts predicted 380,000 claims, while 418,000 claims were filed during the previous week. Investors now await the core personal consumption expenditure (PCE) price index, due...

Fx-jomic

perhaps crude oil will rise as high as $100 a barrel. Regardless, it looks like the $70 level underneath is going to be the floor the market as the 50 day EMA is crossing the 240MA , bring in even more attention and potential support to that region. All things been equal, I think this is a market that you can buy on dips and take advantage of what should be a...

Fx-jomic

hello traders here is buy set up for EUR USD using the TOP DOG TREND FALOW! A successful test of the support at 1.1842 will open the way to the test of the resistance at 12.15 In case EUR/USD manages to get above 1.1880, it will move towards at 1.1984. wait for fullback move to the support level,

Fx-jomic

hello traders here is buy set up for ETH USD using the TOPDOG TREND FALLOW! thereum extended its decline below the $1,850 support, like bitcoin. ETH even traded below the $1,800 and $1,750 support levels to move further into a bearish zone. The price tested the $1,700 level before it started a decent recovery wave. Ether climbed higher nicely above the $1,880 and...

Fx-jomic

hello traders here is buy set up for USD CAD using the TOP DOG TREND FALLOW INDICATOR!! he USD/CAD reversed course on Tuesday, moving back below a trend line break out and easing into the close of the New York trading session. Support is seen near the at 1.2242. Resistance is seen near the former breakout trend line near 1,248. which means that a short-term...

Fx-jomic

hello tarders here is buy set up for CARDANO using the top dog trend fallow! price found support at around 0.99 and its making higher highes to the nearest resistance level as we can see price is making little pullback wait for clear conformation candle above $1,28 cent