OPEC technical panel heard a concerning bearish outlook for the oil market

An OPEC technical panel (Economic Commission Board (ECB)) was given a presentation by an invited financial market group. The Onyx Capital Group owns trading arm, Onyx Commodities, which, so it says, is the world’s biggest market maker by volume across oil swaps. Reuters reports that the presentation painted a bearish outlook for the oil market:… ادامه خواندن OPEC technical panel heard a concerning bearish outlook for the oil market

XAG/USD dip amid rising US yields, the 200-DMA eyed

XAG/USD Technical Levels From a daily chart standpoint, the XAG/USD is neutral to upward biased, though, for the last three days, buyers had failed to crack the two-month high reached on November 17 at $24.14. Once that level is surrendered, the next stop would be the August 30 high at $25.00, followed by the July… ادامه خواندن XAG/USD dip amid rising US yields, the 200-DMA eyed

Don’t Forget These 2 Truths About Forex Trading

I understand very well that taking a chill pill amid emotional highs and lows is hard to do. But perhaps taking note of these “truths” will help you cope with the uncertainties that you encounter in the market. Think about it. If you acknowledge the fact that just about anything can happen, how can you… ادامه خواندن Don’t Forget These 2 Truths About Forex Trading

EUR/USD and EUR/GBP Leaking Lower Ahead of Thanksgiving Break

EUR/USD Forecast – Prices, Charts, and Analysis FOMC minutes give little away, leaving the US dollar rudderless. UK Autumn Statement may give Sterling a boost. Download our Complimentary Guide to Trading EUR/USD Recommended by Nick Cawley How to Trade EUR/USD The Federal Reserve is very unlikely to cut interest rates anytime soon and may hike… ادامه خواندن EUR/USD and EUR/GBP Leaking Lower Ahead of Thanksgiving Break

Binance Will Exit the US Paying over $7.1 Billion in Settlements

Meanwhile, the array of settlements did not include the chargers brought by the US securities regulator against Binance and Zhao. This means the Securities and Exchange Commission (SEC) will continue to fight the exchange and its former CEO in court unless a separate settlement is reached. In a blog post, Binance officially stated: “While Binance… ادامه خواندن Binance Will Exit the US Paying over $7.1 Billion in Settlements

GBP Ascends: Weak Dollar and Taxation: Overview for November 21, 2023 – R Blog

The GBP/USD pair is experiencing a swift rise, propelled by both internal and external factors. The British pound sterling, in tandem with the US dollar, is actively gaining ground, with the current GBP/USD exchange rate standing at 1.2532. On one hand, the GBP is finding support in a weakened US dollar, quickly recovering its position.… ادامه خواندن GBP Ascends: Weak Dollar and Taxation: Overview for November 21, 2023 – R Blog

What is the Stochastic Oscillator? – Analytics & Forecasts – 21 November 2023

What is the Stochastic Oscillator? The Stochastic Oscillator is an indicator that compares the most recent closing price of a security to the highest and lowest prices during a specified period of time. It gives readings that move (oscillate) between zero and 100 to provide an indication of the security’s momentum.   The stochastic readings… ادامه خواندن What is the Stochastic Oscillator? – Analytics & Forecasts – 21 November 2023