Crude Oil Analysis – May-29-2024
Crude Oil Analysis—WTI crude futures held steady above $80 per barrel on Wednesday, maintaining their highest levels in four weeks. This stability comes amid...
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Crude Oil Analysis—WTI crude futures held steady above $80 per barrel on Wednesday, maintaining their highest levels in four weeks. This stability comes amid...
USD/CAD Analysis—The Canadian dollar recently strengthened to 1.36 per USD, recovering from a low of 1.373 USD observed on May 23rd. This rebound was...
The USD/CHF Currency pair bounced from the 38.2% Fibonacci support level at $0.909. As of writing, the pair is targeting the 23.6% Fibonacci at...
Silver Analysis—Silver prices have recently dropped below $30.5 per ounce, marking a weekly decline of over 3%. This decrease aligns with trends seen across...
Gold Analysis—On Tuesday, XAU/USD prices held around $2,350 per ounce. Investors remained cautious ahead of a critical US PCE inflation report, looking for clues...
Crude Oil Analysis—Tuesday’s WTI crude futures rose toward $79 per barrel. This increase follows expectations that OPEC+ will extend voluntary output cuts of 2.2...