Natural Gas Perfect Reaction Higher From Extreme Area

  The Consumer Price Index for Australia was released this morning. According to ForexFactory: → CPI in quarterly terms: actual = 1.0%, expected = 0.8%, previous value = 0.6%; → CPI in annual terms: actual = 3.5%, expected = 3.4%, previous value = 3.4%. Rising inflation figures suggest that the Reserve Bank of Australia’s tight […]

Gold made an impressive 3% surge during the week, breaking May’s all-time highs. However, it then retreated to the downside, selling off throughout the second half of the week. What should you watch out for to see if this is a reversal? Pullbacks after making new highs have been a typical pattern for gold in […]

Market picture US financial markets closed higher on Wednesday despite a rough start to the day. A strong performance from the technology sector helped the crypto market cross the $2 trillion mark, up 3% in 24 hours. The positive sentiment in the market continued into Thursday morning, setting the market up for further gains, potentially […]