US crude oil inventories surged unexpectedly last week, with the American Petroleum Institute (API) reporting a significant increase of 10.9 million barrels for the week, in contrast to the previous week's decline of 1.5 million barrels. Market...
Crude Oil Technical Analysis The crude oil market is experiencing a downtrend driven by intense selling pressure. Technically, prices are trading below a descending trendline, which has been tested several times before moving lower. The minor...
Gold Technical and Fundamental Analysis The gold market has a downtrend in the 30-minute timeframe, although the overall market structure remains bullish. Market structure and trend are the two most essential factors in technical analysis. When...
The Federal Reserve's latest dot plot suggests that policymakers now anticipate just two quarter-point rate cuts next year, a significant shift from the previous projection of four. Fed Chair Jerome Powell acknowledged that inflation remains...
The US Dollar (USD) strengthened last week following a series of encouraging economic data releases, reinforcing the resilience of the US economy. Investors are now closely watching the advanced Q3 Gross Domestic Product (GDP) figures, alongside...
