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Crude Oil – 27.09.2024 – Orbex Forex Trading Blog
Crude Oil – 27.09.2024 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX;visibility:hidden”> Source link
Intel (INTC) Shares Surge Ahead of Earnings Release
Yesterday, Intel (INTC) shares jumped by 11% in a single session, climbing above $54.00 — a level last seen in early 2022. The sharp rally reflects several factors:→ the psychological impact of breaking above the $50 threshold;→ a short squeeze effect;→ prevailing bullish sentiment ahead of Intel’s earnings report, due to be released after the…
Warsh Metals Shock
Here is a quick video on the likely support levels in gold and silver following Trump’s announcement to appoint Kevin Warsh to head the Federal Reserve. Despite the cacophony of pundits’ comments concerning Warsh’s economic stance (and change of mind) about inflation and productivity, he remains a maverick able to surprise the markets and even…
High energy prices threaten UK’s status as manufacturing power, business groups say
The UK is at risk of losing its status as a major manufacturing centre after a sharp rise in energy prices that has forced about 40% of businesses to cut back investment, according to a report by the CBI and Energy UK. In a stinging message to ministers, the report said British businesses – from…
Pound Sterling Price News and Forecast: GBP/USD marked its 31-month high level of 1.3359
GBP/USD remains near 1.3350, close to its 31-month highs GBP/USD extends its winning streak for the fifth consecutive session, trading around 1.3350 during the Asian hours on Tuesday. The pair maintains its position near its 31-month high level of 1.3359, recorded on Monday. The US Dollar (USD) may depreciate due to increasing expectations for further…
Chart Art: EUR/USD Approaching Confluence at 1.1600
Is the trend still our friend on EUR/USD? The pair seems to be in correction mode and is approaching an area of interest visible on its 4-hour time frame. Check out these confluence of technical levels on the potential resistance zone. EUR/USD 4-hour Forex Chart by TradingView In the absence of official U.S. data due…
