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WTI crude oil falls to the lowest levels since December

Fresh yearly low in oil Oil started US trading higher after Saudi Arabia raised prices on its barrels but talk of peace in Ukraine and Trump touting lower oil prices…

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6 February 2025
Blog

US crude oil futures settled at $71.03

Price is down $1.67 or -2.3% Looking at the hourly chart, the price on MOnday, extended above the 200 hour MA, but could not sustain momentum. Most of yesterday and…

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5 February 2025
Blog

Gold price hits new record high; technical indicators guide traders

Gold price reaches all-time high at $2845.48; hourly trendline crucial for short-term bias. Watch for breaks in moving averages to assess future direction. The price of gold is once again…

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4 February 2025
Blog

Bitcoin recoups $100K as the risk mood continues to improve

The market is increasingly convinced it's all posturing Bitcoin Daily Chart It's been a rough day in the crypto market with alts getting smashed but bitcoin maxis can take some…

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3 February 2025
Blog

Trump: Tariffs on Canada can be removed if ‘enough steps’ taken to reduce health crisis

Comments from Trump after announcing tariffs Executive order on Canada/Mexico/China come into effect on Feb 4 New Canada tariffs don't apply to goods loaded onto vessels or in transit before…

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2 February 2025
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High-Risk Warning:
Foreign exchange (Forex) trading involves a high level of risk and may not be suitable for all investors. The use of leverage in Forex trading introduces additional risks and the potential for significant loss. Prior to engaging in Forex trading, investors should carefully assess their investment objectives, level of experience, and risk tolerance. It is possible to lose some or all of your initial investment, and you should never invest funds that you cannot afford to lose. We strongly recommend that you educate yourself on the risks associated with Forex trading and seek independent financial or tax advice if you have any concerns or questions.

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