Will BoJ Summary of Opinions Add More Fuel to Yen’s Engines?

WTI crude oil tests 77.70 support Price holds beneath SMAs RSI and MACD indicate more losses WTI crude oil futures have been in a bearish movement after the pullback off the 84.70 resistance level. It has since slipped below the simple moving averages (SMAs) in the daily timeframe and the market is currently testing the 77.70 support level before […]

Natural gas faces limits near January’s peak Technical signals flag some weakness Improved trend signals suggest bullish continuation Lower-than-usual storage increases, improved demand forecasts, and a summer season ahead boosted natural gas prices above the key 200-day simple moving average (SMA) and more recently to a four-month high of 2.90. The price, however, eased immediately to […]

Market picture The cryptocurrency market pulled back 3% to a capitalisation of $2.4 trillion, erasing gains for a while due to the Bitcoin conference. For the past week and a half, the market has been predominantly moving in the $2.4-2.5 trillion range. The hesitancy of traders this week can easily be blamed on expectations of […]