by SignalsFactory Staff | May 5, 2023 | Uncategorized
Fed Fund futures suggest US interest rates will be cut by 75bps by the end of 2023. The US could run out of money by early June. US Jobs Report (NFP) released at 12:30 GMT. The US has finished its rate hiking cycle and will embark on an aggressive rate-cutting cycle...
by SignalsFactory Staff | May 4, 2023 | Uncategorized
Crude oil prices find some support today giving CAD a boost Canadian balance of trade outperforms US report. Bull pennant looks ripe for a breakout but key Canadian and US data in store tomorrow. The Canadian dollar has been consolidating of recent after a major...
by SignalsFactory Staff | May 3, 2023 | Uncategorized
Oil prices plummet, extending losses from the previous session and falling to their lowest level since late March Growing economic risks weigh on demand prospects for growth-sensitive commodities Oil’s technical outlook worsens following the invalidation of two key...
by SignalsFactory Staff | May 2, 2023 | Uncategorized
Gold price is showing a sideways performance above $1,980.00 as investors await Fed policy. S&P500 futures have recovered more losses recorded in early Asia amid improving risk-taking ability of investors. Gold price is consolidating in a narrow range of...
by SignalsFactory Staff | May 1, 2023 | Uncategorized
EUR/USD takes offers to refresh intraday low, prints three-day losing streak. Euro bears attack three-week-old ascending support line, 200-EMA. Impending bear cross on MACD, failure to keep bounce off one-week-old horizontal support favor sellers. Wait for First...
by SignalsFactory Staff | Apr 28, 2023 | Uncategorized
WTI bulls are attempting to correct and have formed a solid support ground. Bears could be willing to take the bulls on at a premium from below trendline resistance. West Texas Intermediate, WTI, has rallied towards a key resistance area as the following...
