Can Brent Crude Prices Break Out of Their Range? – Orbex Forex Trading Blog

The TTM Scalper and Bollinger Bands Forex Trading Strategy combines two powerful technical indicators that traders often rely on for precise market timing and high-probability trades. The TTM Scalper, known for identifying market reversals and short-term price fluctuations, works seamlessly with Bollinger Bands, which measure market volatility and potential breakout points. Together, these tools provide…

Prior +2.6% Core CPI +2.8% vs +2.8% y/y prelim Prior +2.9% No changes to the initial estimates for the August readings. It just reaffirms the slow path of the disinflation process in recent months, keeping the ECB on their toes. The central bank has said that they will pause rate cuts in October, while gauging…

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 March 3rd. This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category and is a current snapshot of how speculators…

USD/JPY’s consolidation pattern from 146.52 extended last week and outlook is unchanged. Initial bias stays neutral this week first. In case of stronger recovery, upside should be limited by 150.92 support turned resistance. On the downside, firm break of 148.17 support will bring retest of 146.52 first. Sustained trading below 61.8% retracement of 139.57 to…