Tag - oil

Oil keeps rallying for the fourth day in a row after Goldman Sachs claimed that the oil market is in deficit and also because of the recent storm in the Gulf of Mexico, which led to the sharp decline of oil production. It is the best week for oil since June!

The ECB confirmed they are not planning to change the course of the EUR: all aboard!

The US dollar has managed to regain some of the lost ground versus other Forex majors. Will this correction continue? Watch the video to find out what is driving the market!

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

Most currency pairs with the USD are in consolidation currently as the USD has stalled its depreciation spree.

GBP/JPY: the pair is now trading slightly above the Kijun Sen. A failed attempt to move higher will lead GBP/JPY below the Kijun Sen.

In this video we will discuss what will drive the market this week. We will discuss main economic releases and analyze USD/JPY, AUD/USD, EUR/USD and oil. Jump in!

What are the forecasts for the oil market? Is there any hope of a recovery?

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.

The USD has stopped its depreciation against riskier assets... for a while. 

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?

Stock indexes and gold are setting new highs, the USD is going through challenging times and the CAD and the EUR await decisions of their central banks. Watch the video to prepare for this week's trading!