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Tag: WTI

ICE Reports Strong Performance for September 2023

Intercontinental Exchange, Inc. (ICE) has released its trading volume and revenue statistics for September 2023. These figures reflect ICE's strong performance in various sectors, particularly in energy...

CME Group’s Strong September 2023

CME Group has released its market statistics for September and the third quarter of 2023. These statistics indicate a strong performance for the company during this...

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...

Nasdaq 100 Technical: Slipped back below 50-day moving average as Fed FOMC looms – MarketPulse

Bullish tone dissipated last Friday, 15 September ex-post Arm’s IPO spectacularly first-day positive performance as the Nasdaq 100 had a weekly close below...

USD/CAD eyes key resistance at 1.3700, pares losses on OPEC driven oil price surge – MarketPulse

Loonie pares losses alongside oil price surge Oil rises on OPEC+ action, but may remain a choppy trade on global growth concerns and rising...

Brent Crude – Oil edges cautiously higher after mixed Chinese PMIs – MarketPulse

Strong run continues Chinese data doesn’t hinder the rally Momentum may be key as price approaches August highs Oil prices are nudging higher again today, technically...

Week Ahead – Powell’s Jackson Hole Speech will be Must-See TV – MarketPulse

US The main event for next week will be the Kansas City Fed’s Jackson Hole Symposium.  Fed Chair Powell’s speech will reiterate that more...

Dollar dip might be temporary if US outlook remains robust – MarketPulse

Walmart CEO is more optimistic about spending patterns  than he did 3 months ago Dollar’s five-day rally halted as yen and yuan rebound Fed could...

WTI Oil Technical: Time for a potential short-term pullback – MarketPulse

Recent bullish breakout from “Descending Wedge” has led to a 10% rally to reach a medium-term resistance zone of US$83.80/84.90. Technical elements are now...

Loonie rallies as wages accelerate and oil price rally continues – MarketPulse

Canada lost 6,400 jobs in July as the unemployment rate rose for a third straight month Canadian wage pressures jump to 5.0%, which might...

King Dollar returns and takes down Commodities and their Currencies – MarketPulse

USD surges as 10-year Treasury rises 4.4bps to 4.067%, highest level since November Oil unable to rally after US crude stockpiles dropped by a...

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