Tag - wti - west texas intermediate

Oil prices climb up
Oil prices climb up

Oil prices are steadily growing as crude stockpiles have been declining for six weeks.

August 26: USD steady
August 26: USD steady

The session goes relatively quiet, with the USD going mostly steady - time to re-group. The oil price crossed $43, gold is approaching tactical support levels.

August 20: consolidation
August 20: consolidation

The consolidation that started on Wednesday is continuing so most currency pairs with the USD are going flat.

August 18: weak USD
August 18: weak USD

The USD is weak against most riskier assets today; gold is at $2,000, WTI oil at $42.5. Watch the video for more levels.

August 6: GBP surged after BOE report
August 6: GBP surged after BOE report

The market sentiment is indeed risk-on today! Gold has approached to the key resistance at $2 050 and the S&P 500 is eyeing all-time high at 3 390.

July 27: gold at the all-time highs
July 27: gold at the all-time highs

The worsening Sino-American relations and the still-there virus in the US finally pushed gold to its all-time highs and got the USD under heavy pressure across the board.

Oil: long recovery ahead
Oil: long recovery ahead

According to analysts from Citigroup, crude oil prices will never reach $100 a barrel again. They claimed that the idea to reach such a high level “has far more fantasy than reality at its heart”. It’s a really severe statement. What are the reasons?

Weekly Market Outlook: July 20 - 24
Weekly Market Outlook: July 20 - 24

The USD keeps reigning in the Forex as the US infections are far from being managed while the EUR is pushed by hopes of the recovery fund; oil is revolving around $40 and gold is trying to claim higher grounds above $1 800!

July 20: the strong euro
July 20: the strong euro

Hopes for the EU recovery fund to be accepted and put to action soon are pushing the EUR higher across the board.

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