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Friday, December 27, 2024

American Market Recap: WTI crude oil settles nearly $1 higher as weekly inventory data shows tightness

WTI crude oil settles nearly $1 higher as weekly inventory data shows tightness

WTI crude oil settled 98-cents higher today to $70.43. Oil traded up to $88 early last year but has been treading water near $70 for months. The opening level of the year was $71.65 so it's on track f... 

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Investizo is Among the First CFD Brokers to Introduce 1:200 Leverage for Crypto Trading

CFD broker Investizo has announced an improvement in trading conditions: now the company's clients can trade cryptocurrencies with 1:200 leverage. This is one of the first offerings of its kind in the... 

USDJPY dip holds above the 100 hour MA

The USDJPY moved lower in the US session but after getting within 11 pips of the rising 100 hour MA. THe price has since bounced back to 157.84 currently as the buyers remain in firm control. THe la... 

European shares close higher

The European major indices are closing higher on the day. That runs counter to the moves seen in the US stock indices which are down sharply as money rebalances out of US and into Europe (at least tod... 

EURUSD falls back below the 200 hour MA after break higher fails

The EURUSD moved higher in the early European market and in doing so, extended above the falling 200-hour MA (green line currently at 1.04286). The high price reached 1.04433 which was short of the h... 

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Latest Forex Orders

FX option expiries for 20 December 10am New York cut

There are plenty of significant and massive expiries in play today, as highlighted in bold . The very much larger ones are for EUR/USD and the ones to watch out for are layered between 1.0300 to 1.040... 

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