Open interest and volume in Gold futures markets shrunk by around 11.7K contracts and by nearly 114.5K contracts, respectively, on Thursday, according to preliminary readings from CME Group. Gold remains focused on the $2,000 level Thursday’s negative price action...
WTI prints two-day losing streak while keeping downside break of monthly support line and 21-day SMA. 50-day SMA appears next on the bears’ radars. Bulls will have a bumpy road unless refreshing the monthly top. WTI drops to $40.16,...
USD/IDR extends recovery moves from 14,511 to again attack the weekly top. Monthly support line, 200-bar SMA restrict immediate downside. The pair bulls will eye the 15,000 threshold during the further rise. USD/IDR trims the early-day losses while picking...
Silver prices extend recoveries from 200-hour EMA to attack a three-day-old resistance line. An upward sloping trend line from July 22 adds to the downside support. Bullish MACD, safe-haven demand of the metal favor the bulls. Silver prices snap...
US futures rose sharply overnight as traders reacted to upbeat big tech earnings. In a statement, Apple said that its revenue rose by 11% in the June quarter, pushing its stock to an all-time high of $400. The company...
PIPELINE In light of flash figures for Crude Oil futures markets from CME Group, open interest and volume went up by around 8K contracts and by around 121.6K contracts, respectively, on Wednesday. WTI POISED TO EXTEND THE SIDE-LINED MOOD...
convergence of the Simple Moving Average 50-1h, the Fibonacci 61.8% one-week, the SMA 200-15m, the Bollinger Band 1h-Middle, and more. It is backed up by further clusters, with a noteworthy cushion at 3,226, which is where the Pivot Point one-month...
Open interest in Natural Gas futures markets rose by around 12.8K contracts on Wednesday in light of advanced figures from CME Group, clinching the second build in a row. Volume, in the same line, increased for the second consecutive...
CME Group’s advanced readings for Gold futures markets noted investors added nearly 1.5K contracts to their open interest positions on Wednesday extending the erratic performance. Volume, instead, reversed two consecutive builds and shrunk by around 192.3K contracts. GOLD STILL...
The US dollar was little changed as traders reacted to the Fed interest rate decision yesterday. In its decision, the bank left interest rates unchanged and warned that COVID-19 resurgence threatened the overall economic recovery. The bank also left...
