Trade Of The Week: Oil surges on Middle East tensions
Brent initially soared more than 5%, recovering a chunk of last week's hefty losses on fears that Hama’s surprise attack on Israel may deepen tensions across the Middle East.
Global equities were mixed on Wednesday as investors braced for the outcome of the Federal Reserve rate decision. Our focus falls on precious metals and commodities with the tool of choice technical analysis.
Mid-Week Technical Outlook: Oil Hammered Ahead Of Fed
Oil markets have been plunged into a bloodbath over the past 24 hours. The global commodity shed almost 3% this morning, extending a 5% drop on Tuesday after disappointing US economic data fuelled fears of a recession.
Brent initially soared more than 5%, recovering a chunk of last week's hefty losses on fears that Hama’s surprise attack on Israel may deepen tensio...
Global equities were mixed on Wednesday as investors braced for the outcome of the Federal Reserve rate decision. Our focus falls on precious metals a...
Gold
Silver
Brent
Crude
NatGas
SMA
MACD
Federal Reserve
Oil markets have been plunged into a bloodbath over the past 24 hours. The global commodity shed almost 3% this morning, extending a 5% drop on Tuesda...