Quick Look: Natural gas trends bullish at $2.01; potential resistance up to
Quick Look: Natural gas trends bullish at $2.01; potential resistance up to $2.22, guided by EMAs. Prices rise amid Middle East tensions and tight supply forecasts. EU sanctions on Russian LNG cut dependency but
Quick Look: EUR/USD faces a pivotal week with key US and EU economic indicators. Resistance and support identified: Resistance at 1.0754, Support at 1.0654. Upcoming US inflation data and central bank decisions are critical for the short-term outlook. The
Quick Look: Bank Of Japan decision led USD/JPY to hit a 34-year high; the FY 2024 growth forecast was revised to 0.8%. April’s 1.8% increase fell short of expectations, impacting inflation outlook and policy. Despite slow Q1 GDP growth,
Quick Look: USD/CHF stabilises with key support and resistance levels noted; potential for a bullish trend on breaking 0.9243. US Fed is likely to maintain rates; Swiss National Bank cut rates, with more cuts expected. The US shows mixed
Quick Look: USD/CAD nears key resistance at 1.36840-1.36860; support at 1.36720-1.36750. This week’s key events include US economic reports, Bank of Canada, and Federal Reserve rate decisions. Oil prices affect CAD; treasury yields and buying interest boost USD. The
Quick Look: Natural gas trends bullish at $2.01; potential resistance up to $2.22, guided by EMAs. Prices rise amid Middle East tensions and tight supply forecasts. EU sanctions on Russian LNG cut dependency but incur high costs. The natural
Quick Look: Wheat futures surged due to deteriorating U.S. conditions and global weather concerns, reaching $6.02-3/4. Corn and soybeans showed modest gains amid cautious market sentiment and planting progress. Broader markets reacted positively, with significant U.S. stocks and crude
Quick Look: Silver (XAG) prices dropped sharply to $26.85, down 1.27%. Technical indicators suggest a possible further decline to $26. Market influenced by global events and potential US rate cuts. Silver prices continue to face significant pressure in an
Quick Look: Platinum (PL) prices fluctuate, closing at $926.20 with a 6.23% year-to-date drop from a 52-week high. Platinum’s value falls behind gold, priced at $2,336.94 per ounce, with a 13.10% increase year-to-date. Platinum Group Metals Ltd’s stock closed
Quick Look: Natural gas trends bullish at $2.01; potential resistance up to $2.22, guided by EMAs. Prices rise amid Middle East tensions and tight supply forecasts. EU sanctions on Russian LNG cut dependency but incur high costs. The natural gas market has exhibited signs of resilience, with prices nudging
Quick Look: Natural gas trends bullish at $2.01; potential resistance up to $2.22, guided by EMAs. Prices rise amid Middle East tensions and tight supply forecasts. EU sanctions on Russian LNG cut dependency but incur high costs. The natural gas market has exhibited signs of resilience, with prices
Quick Look: Wheat futures surged due to deteriorating U.S. conditions and global weather concerns, reaching $6.02-3/4. Corn and soybeans showed modest gains amid cautious market sentiment and planting progress. Broader markets reacted positively, with significant U.S. stocks and crude oil rises. Significant movements in the grains markets, especially
Quick Look: Silver (XAG) prices dropped sharply to $26.85, down 1.27%. Technical indicators suggest a possible further decline to $26. Market influenced by global events and potential US rate cuts. Silver prices continue to face significant pressure in an increasingly volatile market environment. The precious metal experienced a
Quick Look: Platinum (PL) prices fluctuate, closing at $926.20 with a 6.23% year-to-date drop from a 52-week high. Platinum’s value falls behind gold, priced at $2,336.94 per ounce, with a 13.10% increase year-to-date. Platinum Group Metals Ltd’s stock closed at $1.86 with a 0.54% daily rise but over
Admirals (formerly known as Admiral Markets), based in the UK, ended 2023 on a high note by earning a net profit of over £46,000. It was a significant improvement from a nearly £291,000 loss