by SignalsFactory Staff | Nov 1, 2023 | Uncategorized
WTI OIL PRICE, CHARTS AND ANALYSIS: WTI Struggling to Hold the High Ground Thanks in Part to a Resurgent US Dollar. Middle East Conflict to Remain a Critical Driver as it Continues to Underpin Oil Prices. EIA Inventories Rose Once More According to the Data. Crude...
by SignalsFactory Staff | Oct 31, 2023 | Uncategorized
Gold price looks for a direction as the focus shifts to Fed policy. A no-change interest rate decision from the Fed is widely expected but with the possibility of further rate hikes ahead. The Israeli defense forces gradually in Gaza to demolish Hamas. Gold price...
by SignalsFactory Staff | Oct 30, 2023 | Uncategorized
BITCOIN (BTC) PRICES, CHARTS, AND ANALYSIS: A Bullish Pennant breakout is currently being tested. A Golden Cross – 50-/200-day SMA crossover has been formed. We have been positive on Bitcoin over the past few weeks due to a cluster of positive fundamental drivers. The...
by SignalsFactory Staff | Oct 25, 2023 | Uncategorized
Dwindling PMI data weighs on EUR/USD, zone of resistance holds firm Risk events: US (Q3) GDP and PCE data, ECB interest rate decision DWINDLING PMI DATA WEIGHS ON EUR/USD, ZONE OF RESISTANCE HOLDS FIRM PMI data for Europe continued the trend of weak data, underscoring...
by SignalsFactory Staff | Oct 24, 2023 | Uncategorized
Bitcoin price shattered past the critical level of $31,777 to record an intra-day high of $34,741 after a 17% surge on October 23. The surge came on the back of bullish news concerning BlackRock and Grayscale amid ongoing mania relating to ETFs. With BTC printing a...