nfp non-farm payroll june

NFP is approaching, and with it, high volatility is most probably going to occur. Technical Patterns and Fundamentals seem to be lining-up or synchronizing for a rather big move. With the ADP Non-Farm Employment Change and the Preliminary GDP falling short of their projected figures, the USD now seems to become vulnerable. Technically s...

2018-05-30 Richard Tataru Read more

Monthly: Trading within a corrective channel formation. Trend line resistance is located at 75.13. Trend line support at 53.62. Selling pressure from 72.88 has resulted in all the initial rally being overturned. The potential reversal is between the 50 and 61.8% pullback levels (of 67.06 and 769.70) Weekly:  Price action formed a bearish ...

2018-06-25 Ian Coleman Read more
OPEC agrees to production cut

Last week, Crude Oil tumbled despite the huge decline in the US Crude Oil Inventories, which posted the biggest weekly decline since September of last year. Crude Oil prices ignored these figures and continued to decline further. Brent touched $50, and WTI slid to 46.50’s. Some OPEC reports came out, and that led to a notable rally. Brent close...

2017-08-23 Nour Eldeen Al-Hammoury Read more