Crude Oil
Can Crude break out of downtrend?
icon
20 DEC clock 09:53

Can Crude break out of downtrend?

Oil benchmarks have been climbing since last week after the Federal Reserve pointed to US rate cuts in 2024. Those gains have been extended by the recent disruptions to oil supplies via the Red Sea. Today's US crude stockpiles data could determine whether crude bulls can punch past a key downward trend line that's now acting as resistance, while noting that a "death cross" looms.
Oil bulls: Not done yet?
icon
26 SEP clock 13:42

Oil bulls: Not done yet?

The Elliot Wave theory suggests there should be more near-term gains ahead for Crude oil.
screen
icon
21 JUN clock 13:20

Mid-Week Technical Outlook: Indices & Commodities

A sense of unease gripped financial markets on Wednesday as concerns over China’s growth outlook and sticky UK inflation data left investors on edge ahead of Jerome Powell’s testimony to Congress.
US CPI to set the tone for price action
icon
13 JUN clock 10:48

Markets Rise Ahead Of US CPI, Fed In Focus

Asian markets traded higher on Tuesday, following the positive cues from Wall Street overnight after the S&P 500 rallied to its highest level in more than a year.
Canadian Dollar
icon
5 JUN clock 12:33

Trade Of The Week: Time For USDCAD To Breakout?

The Canadian Dollar is the second-best performer against the US dollar so far in June, gaining 1% thanks to higher oil prices and increased expectations around a BoC rate hike.