Crude
Oil and gold
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20 SEP clock 13:31

Mid-Week Technical Outlook: precious metals & commodities

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.
Gold Silver Brent Crude NatGas SMA MACD Federal Reserve
Crude oil
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17 AUG clock 12:10

Crude hovers above critical support

Crude oil prices broke through the $83 resistance level which held for 184 trading days to close at $84.25 on 9th August 2023, and since then have declined back towards the $79 support level at the time of writing.
Crude Oil SMA Technical Analysis China
Oil barrels
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03 MAY clock 13:31

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 Oil Crude Gold SMA MACD
oil, brent, crude, wti, OPEC, hand, spill
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31 MAR clock 13:31

Two important events for oil markets today

  Oil markets will be closely monitoring these events on this final day of March:
Oil Brent Crude OPEC+ US President Joe Biden strategic reserves Russia-Ukraine war Ukraine crisis inflation
Key Events This Week: Markets eye multi-decade high US inflation and the Fed’s next move
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07 FEB clock 05:51

Key Events This Week: Markets eye multi-decade high US inflation and the Fed’s next move

With inflation increasing in the US, markets are eyeing multi-decade high levels in the coming months, while awaiting the next move/s from the Federal Reserve.
inflation CPI central bank Fed rate hike FOMC Federal Reserve ECB European Central Bank hawkish surprise US Dollar DXY Dollar index Brent Oil Crude