Brent and Crude Oil Technicals

By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on January 14th. This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong…

GBP/USD – 27.09.2024 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link

2024.11.29 2024.11.29 WTI Crude Oil: Elliott Wave Analysis and Forecast for 29.11.24 – 06.12.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 72.50 with a target of 61.50 – 53.60. A sell signal: the price holds below 72.50. Stop Loss: above 73.00,…

US NFP Expected to Rebound, but Will It Convince the Market? – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link

Elliott Wave Theory states that market trends unfold in five impulsive waves and correct in three waves. Building on this foundation, EWF has developed an enhanced and more systematic approach to Elliott Wave analysis by integrating wave sequences and high-frequency trading concepts,. We discussed this topic in our article The Elliott Wave Theory and High-Frequency Trading.  This…

When dealing with financial instruments, understanding key valuation metrics is crucial. Two important terms often used in trading are notional value and market value. While both relate to the worth of an asset or a contract, they serve different purposes and can significantly impact risk assessment, position sizing, and leverage calculations. In this article, we…