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On Monday, the precious metal gold consolidates in a narrow trading range of 1,932 – 1,959. Lack of market-moving fundamentals, an extension of U.S. China Phase 1 trade deal review, and an upcoming FOMC Meeting Minutes are keeping trading in the phase of indecision. Gold is likely to follow the technical side of the market. Check out gold’s intraday technical forecast video.
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BlackBerry Ltd. refocuses on businesses under the lead of new CEO The new Chief Executive Officer of BlackBerry Ltd has managed to disprove the skeptics expectations towards him and the company. According to the research firm Markit, the analysts negative forecasts have fallen to their lowest level in almost […]
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Bitcoin Climbs Above $92,500 as Traders Parse Fed Policy Signals Key Moments
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The Federal Reserve cut rates by 25 basis points in its third reduction this year and […]
Ethereum Price Analysis: Trend Is Following Bullish Patterns The price chart for cryptocurrency ethereum displays bullish patterns despite the recent correction.
Ethereum’s Price Chart Framed with Price Channels
Going back to 2019, ethereum price has (for the most part) been contained within parallel […]
Commodities trading outlook: crude oil and natural gas futures WTI and Brent prices were higher during midday trade in Europe today, as investors weighed an armed conflict and a growing political confrontation in Iraq, OPECs second-top oil exporter. Meanwhile, natural gas prices fell below the $4 mark, as […]
Commodity Market: Pivot Levels for Tuesday (December 13th 2016) Silver (SI) for March 2017 delivery (1 Troy Ounce)R1 – $17.236
R2 – $17.284
R3 (Range Resistance – Sell) – $17.333
R4 (Long Breakout) – $17.479
R5 (Breakout Target 1) – $17.649
R6 (Breakout Target 2) – $17.731S1 – $17.138
S2 […]