Tag: WTI Crude
Market Insights Podcast – Higher for longer interest rates back in vogue, US CPI, ECB and Q1 US banks earnings on the radar –...
OANDA Senior Market Analyst Kelvin Wong joins Jonny...
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WTI Oil Technical: Medium-term downside momentum has eased – MarketPulse
Two key positive technical analysis elements have emerged at the US$67.55/66.35 major support zone.
The current medium-term downtrend phase from September 2023 may have...
Gold Technical: Medium-term uptrend remains intact but risk of minor pull-back – MarketPulse
Today’s early Asian session’s swift rally to a fresh all-time high is likely to be driven by a thin liquidity trading environment rather...
WTI Oil Technical: Positive elements intact ex-post OPEC+ – MarketPulse
Earlier rally in WTI crude oil fizzled out ex-post OPEC+ meeting due to uncertainty over 2024 oil supply cut commitments from members.
The strongest...
WTI Oil Technical: Recent plunge seems to have found a floor ahead of OPEC+ – MarketPulse
The 7-week decline of -23% in WTI crude oil has started to stabilize in the last two days.
The recent rebound of +8% from...
Podcast – Dollar weakness may persist, RBA minutes and OPEC+ meeting looms – MarketPulse
OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss the persistent US dollar bearish trend in the near to medium-term especially...
WTI Crude – Will oil prices encourage Russia and Saudi Arabia to extend cuts? – MarketPulse
Growth concerns weigh on demand expectations
OPEC+ meeting later this month eyed for further cuts
WTI hits lowest level since July
Oil prices have been trending...
USD/CAD: BOC’s hawkish hold provides little relief for loonie – MarketPulse
Bank of Canada holds rates steady at 5.00% for a second straight meeting; keeps door open for future hikes
Canadian dollar initially falls to...
Reality has started to sink in for richly valued US long-duration and growth equities – MarketPulse
Rising geopolitical risk premium may override the historical positive seasonality in the S&P 500 for the months of October and November.
The US 10-year...
Geopolitical risk premium on the rise may trigger another round of risk-off movement in equities – MarketPulse
In the recent past three months, the 40% rally seen in the WTI crude oil has a significant direct correlation with the US...
USD/CAD: Canada’s payroll report outperforms the US – MarketPulse
Canada’s economy added 63,800 jobs, in September more than tripled expectations
Canadian wages rose 5.3% vs 5.1% eyed and a 5.2% prior
BOC rate hike...
WTI Oil Technical: Continuation of potential impulsive up move within a major uptrend – MarketPulse
The recent minor corrective pull-back of -4.7% from its 19 September 2023 high of US$93.05 is likely to have ended.
Bullish reversal candlestick, a...
WTI Oil Technical: Bullish exhaustion sighted below US$93.80 per barrel key resistance – MarketPulse
Recent 4 weeks of bullish movement in WTI crude oil has flashed out bullish exhaustion conditions.
At the risk of shaping a bearish counter-trend/mean...