Last week Oil has continued a correction which can unexpectedly end with, for example, negative data from China.
Don’t miss the key economic events that will move the markets next week
The meeting of OPEC and non-OPEC exporters can take place in February or March
Bank of Japan’s decision to cut the interest rate was quite surprising for markets
A decision on federal funds rate was supposed to be taken at yesterday’s FOMC meeting
We have pushed away from the strong support zone, therefore will be waiting for our next scenario
Crude prices have lost their fragile balance again dropping below the level.
Risk and leverage are two scary terms but they go hand in hand when it comes to trading, especially in highly leveraged markets like FX and CFD’s.
Euro has bounced off the broken channel and is falling. Now we will seek sales after breaking on a pullback to the 1.0800 level. For now we are focusing on candlestick signals…
Oil futures have rebound from the 12-year low during the Monday session.