Brent and Crude Oil Technicals
Brent and Crude Oil Technicals Source link
Brent and Crude Oil Technicals Source link
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After completing wave ((1)) of wave V, IndusInd Bank is correcting in wave ((2)), which could set the stage for the next strong bullish impulse toward higher levels. The long-term chart of IndusInd Bank indicates a strong bullish structure from an Elliott Wave perspective. The stock appears to have completed a powerful five-wave impulse within…
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…
📈 Technology Sector: A Forward Momentum The tech sector is surging today with an overall positive momentum. Leading the charge, Micron Technology (MU) has seen an impressive rise of 4.77%, while Nvidia (NVDA) increased by 0.56%. This upswing in the semiconductor space reflects growing investor confidence and optimism surrounding technological advancements. 🚀 Communication Services: Riding…
Market focus remains on oil as the week kicked off with prices surging to USD120 per barrel. They declined quickly again but remain elevated around USD100. The IEA’s announcement of a record release of 400 million barrels from strategic oil reserves did little to calm markets, probably because the decision was anticipated and it lacks…
In this video, we’ll explore the key economic events and market trends, shaping the financial landscape. Get ready for insights into financial markets to help you navigate the week ahead. Let’s dive in! In this episode of Market Insights, Gary Thomson looks at the key themes traders may monitor in the coming days. Recent developments…
TD Securities, led by Robert Both and colleagues, expects the Bank of Canada to leave the policy rate at 2.25% in March. The statement is projected to stay cautious, balancing softer Canadian growth and moderating core inflation against upside inflation risks from higher Oil prices linked to the Iranian conflict. Guidance is seen keeping all…
Why is Gold Falling Despite Safe Haven Flows? – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
On Thursday, the American market was gripped by panic amid a sharp spike in Brent crude above $100 per barrel. By the end of the trading session, the Dow Jones Index (US30) declined by 1.56%. The S&P500 Index (US500) fell by 1.52%. The Nasdaq Technology Index (US100) dropped by 1.78%. The trigger was the harsh…