Oil and loonie flying high together again

Posted by Ed Jul 31, 2023 Share 0

Oil poised for best monthly performance since early 2022 Net-long positions in WTI  rise to ...

Video – Gold steadies after Fed interest rate decision

Posted by Craig Jul 28, 2023 Share 0

OANDA Senior Market Analyst Craig Erlam discusses the latest moves in gold on the back of the Fed's ...

Oil rally stalls as demand softens, Gold rises post Fed

Posted by Ed Jul 26, 2023 Share 0

EIA Report: stockpiles  dropped 600K vs -2.12M eyed Crude production falls to 12.2 million b...

Canadian dollar struggles to rise alongside oil

Posted by Ed Jul 25, 2023 Share 0

USD/CAD little changed ahead of FOMC decision Canadian dollar was fourth-worst performer in the...

Technical and Triggers: FOMC/Earnings Playbook for Nasdaq, USD/JPY, & NZD/USD

Posted by Ed Jul 25, 2023 Share 0

Earnings give stocks one last boost before the FOMC decision Consumer Confidence surges to a ...

Gold Technical: Holding above 50-day moving average

Posted by Kelvin Jul 25, 2023 Share 0

Medium-term uptrend of Gold (XAU/USD) remains intact. Its recent slide of -1.7% from the 20 J...

Oil reaches 3-month high, Gold and Bitcoin edge lower

Posted by Ed Jul 24, 2023 Share 0

Oil Crude prices are tentatively breaking out as expectations remain for the oil market to remain...

Gold – Paring gains ahead of the Fed

Posted by Craig Jul 24, 2023 Share 0

Fed could be the next big catalyst as markets prepare for one more hike A break of $2,000 cou...

Brent Crude – Oil testing the 200DMA for the first time since last summer

Posted by Craig Jul 24, 2023 Share 0

Can Brent break the 200-day SMA? There have been a number of factors that have contributed to...

Week Ahead – Bracing for next week’s earnings, rate decisions, and major economic data

Posted by Ed Jul 21, 2023 Share 0

US The Fed is expected to resume raising rates at the July 26th FOMC meeting.  Fed funds futures...

Podcast – A Big Week Ahead (BOJ, ECB, Fed, Earnings, Major US data)

Posted by Ed Jul 21, 2023 Share 0

OANDA Senior Market Analyst Ed Moya joins Jonny Hart and Trader Nick to discuss the drop in the yen ...

Oil rises as OPEC+ likely to try to keep oil market tight; Gold lower on strong USD

Posted by Ed Jul 21, 2023 Share 0

Commodities are starting to post some diverging trends as US soft landing hopes improve.  Oil has b...

WTI Oil Technical: Potential bullish reversal “Descending Wedge” in play

Posted by Kelvin Jul 21, 2023 Share 0

Major downtrend phase from the 7 March 2022 swing high has evolved into a potential bullish reve...

Oil edges higher, strong dollar disrupts gold’s ascent

Posted by Ed Jul 20, 2023 Share 0

US sanctions Russian oil service companies and First deputy energy minister Sorokin WTI Crude...

Brent Crude – Oil trading choppy but holding onto recent gains

Posted by Craig Jul 20, 2023 Share 0

Better inflation outlook helps to lift oil prices China stimulus could boost demand further ...

Gold – Eyeing another move above $2,000 as inflation outlook improves?

Posted by Craig Jul 19, 2023 Share 0

Progress on inflation driving gold's gains UK becomes the latest to make significant improvem...

Oil rally capped, Gold finds its pre-FOMC decision range, RFK Jr talks Bitcoin

Posted by Ed Jul 19, 2023 Share 0

EIA Report showed Cushing stockpiles declined most since October 2021 Fed rate cut bets for D...

Brent Crude – Oil edging higher again after recent positive developments

Posted by Craig Jul 19, 2023 Share 0

Oil turns higher after brief pullback EIA reports small draw of 0.7 million 200DMA could p...

Gold rises post ECB’s Klot comment and Canadian CPI report

Posted by Ed Jul 18, 2023 Share 0

ECB's Knot (hawk) noted that for July I think it is a necessity, for anything beyond July it wo...

Gold – Edges lower after failing at $1,960 but is the recovery over?

Posted by Craig Jul 17, 2023 Share 0

Gold pares gains after post-inflation bounce US yields remain lower, pulling the dollar down ...