Bitcoin breaks $110K, gold eyes $3800. DAX, USD/JPY, and major FX pairs show caution as volatility looms into early September.
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WTI Crude Oil went into the Labor Day weekend near the 63.555 price, almost matching where the commodity finished the previous week of trading.
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Jerome Powell’s dovish speech on a September rate cut last Friday saw markets turnaround, with the major US equity index again poised to challenge its record high if the bullishness is sustained into the coming week.
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The GBP/USD went into this weekend near the 1.35275 ratio, this after touching the 1.33910 vicinity early on Friday.
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The price of WTI Crude Oil finished last week with higher prices going into the weekend near the 63.470 level, this after touching a low around 61.430 on Monday the 18th of August.
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Major markets react to Powell’s Jackson Hole speech. Explore key levels and trends in forex, crypto, gold, and indices for the week of Aug 28.
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The EUR/USD has gone into this weekend near the 1.17025 mark, this after buying returned in force after a momentary push lower on Thursday in the wake of contradictory U.S inflation numbers.
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The price of WTI Crude Oil futures went into this weekend near the 62.100 ratio, having produced results which remain near important short, near and mid-term lows.
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This week’s forecast covers Bitcoin, NASDAQ, gold, silver, and key currency pairs as markets show signs of exhaustion and await September flows.
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The GBP/USD has gone into this weekend around 1.34510, this after starting last Monday near the 1.32860 vicinity, adding to the notion that the last month of trading in the currency pair has been rather choppy.
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WTI Crude Oil futures went into this weekend flirting with important mid-term lower realms and within sight of support barriers which many traders may believe are tempting to speculate upon.
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Explore weekly insights on gold, NASDAQ, forex, and crypto. Key levels, trends, and what to watch for the week of August 11.
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Gold and Bitcoin eye breakouts as Fed uncertainty stirs markets. Stocks retreat. Watch $120K BTC and $3,433+ Gold this week.
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Day traders likely experienced a range of emotions this past week depending on the luck of their wagers and it is possible the coming week will not be any easier in the EUR/USD.
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WTI Crude Oil has gone into the weekend near the 66.450 ratio via futures markets as the price of the commodity saw an upwards move early in the week, only to be slapped lower on Friday harshly.
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