Earnings from the big technology companies may have boosted US equity indices but the bar for further gains is rising ahead of the US FOMC meeting next week. That said, the trend remains up and so far, there are no signs of a reversal of the uptrend on technical charts.
EUR/USD Price, Chart, and Analysis The Euro is treading water ahead of a long weekend. EUR/USD is looking to break above 1.1000. Recommended by Nick Cawley Top Trading Lessons The weakness in the US dollar, and ongoing Euro strength, is pushing EUR/USD ever higher as markets continue to price a closing of interest rate differentials …
WTI PRICE, CHARTS and ANALYSIS: Recommended by Zain Vawda Get Your Free Oil Forecast WTI FUNDAMENTAL OUTLOOK Crude Oil continued its rise in early European trade today after hitting $78.50 a barrel yesterday, a fresh weekly high. The recovery has been swift following a bounce off support at the January low, printing a double bottom …
WTI Oil Hits Fresh Weekly High, Retracement Before Continuation? Read More »
Weekly Fundamental Crude Oil Price Forecast: Neutral There are several stories unfolding in the energy space that should keep volatility elevated across energy markets, none of which are likely to find any permanent resolution anytime soon. Net-long positioning in the oil futures market remains near its yearly low, and its lowest level since August 2016. …
Weekly Fundamental Crude Oil Price Forecast: Volatility to Remain Read More »
Weekly Fundamental Gold Price Forecast: Neutral Gold prices had a relatively tame week despite sharp losses on Friday. More concerning is the renewed push higher by real yields in developed economies. The economic calendar is quiet at the start of the week, busiest on Wednesday, then tapers off again into the August US jobs report …
Weekly Fundamental Gold Price Forecast: Real Rates Problematic Again Read More »
Weekly Fundamental US Stocks Forecast: Neutral Seasonality studies going back 20-years show August is generally positive, with the second half of the month producing the majority of gains during the month. US equity markets can continue to trade higher in the short-term – at least until the Federal Reserve’s Jackson Hole Economic Policy Symposium later …
Weekly Fundamental US Stocks Forecast: Bull Market Takes Shape Read More »
Bear market rally running out of steam as US data slows. Fed expected to hike another 75bps.
Gold (XAU/USD) Analysis Tightening global monetary policy weighs on gold as the ECB is set to join the rate hike club Gold on track for 6th consecutive weekly decline. 1677 remains a key level of resistance as the metal continues further into oversold territory Gold Languishes as the ECB Joins the Rate Hike Club Today …
XAU/USD on Track for 6th Consecutive Weekly Decline Read More »
Russian Gas Flows, ECB Anti-Fragmentation Tool and Italian Politics Take Focus
Weekly Fundamental Gold Price Forecast: Neutral Gold prices are coming off of one of their worst weeks of 2022, and the upcoming slate of economic data may not provide much solace. With major central banks still raising interest rates and inflation expectations receding, the environment remains difficult for gold prices. The IG Client Sentiment Indexsuggests …
Weekly Fundamental Gold Price Forecast: Rising Real Rates Weigh Read More »
This website is operated by Delta FZ LLE, which operates as MKFX24.co
Delta FZ LLE, operating as “MKFX24.co”, is a Financial Management and General Trading company incorporated and registered under U.A.E laws with license number 14596/2019
Address: Fujairah Media Free zone, Creative City U.A.E
Client funds are held in segregated accounts and insured by client clearing funds subject to eligibility.
Disclaimer / Disclaimer
CFDs are complex instruments and come with a high risk of rapidly losing money due to leverage. 73.55% of retail investor accounts have lost money when trading CFDs with this provider. Understanding how CFDs work and being aware of the possibility of losing your money should be considered.
For this reason, CFDs may not be the ideal investment for everyone. The high leverage rate available to CFD traders can work both for and against. You should only invest money that you can afford to lose. CFDs are complex leveraged financial assets. Trading CFDs on Forex, Commodities, Indices and Stocks or any other basic instrument of the Company carries a high degree of risk and can lead to the loss of your investment. Before engaging in trading, consider your financial goals, skills, and assess the possible risks associated with the trading company’s Products. Derivative assets such as CFDs and probable instruments from other markets can exhibit extreme volatility. None of these facts can be checked by the customer or MKFX24.co. It is best to consult a licensed financial advisor. MKFX24.co does not make use of financial advice for its clients and the information provided herein is intended for marketing purposes only. Past performance is not indicative of future results. Be sure to read the “Risk Warnings”, to get a clear picture of the risk inherent in the trading company’s products.
Delta FZ LLE does not offer Contracts for Difference to residents of certain jurisdictions such as the United States of America, the Islamic Republic of Iran and Canada.
©2022. MKFX24.co All Rights Reserved.
This will close in 0 seconds