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Forex Trading, Market News & Technical Analysis

US Shale Drillers Batter Market

Posted by Joseph Trevisani on Mar 21, 2017 10:25:01 PM

The success of North American shale drillers in cutting their production costs has reordered the oil market away from the traditional swing producers in the Middle East and seriously undermined their ability to affect prices.

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Daily Market Snapshot - March 21, 2017: Forex, Equities, Commodities

Posted by Akhilesh Ganti on Mar 21, 2017 9:21:29 PM

March 21, 2017 - FX, Commodity & Global Equity performance metrics. AUDJPY chart. Pivot points, Support, Resistance & Fibonacci retracement levels for currency pairs, relevant equity indices, US yields & commonly traded commodities offered by WorldWideMarkets. {updated at 22:00:00 UTC}

FX Performance (Strongest to Weakest)
Strongest Weakest
GBP JPY EUR CHF USD CAD NZD AUD
Market Best Performer Worst Performer
Forex GBPAUD AUDJPY
Equity Shanghai Composite Nasdaq 100
Commodity Gold Heating Oil
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Topics: Pivot Points, Asian session

US FX Market Open – Tuesday, March 21, 2017: EUR/USD eyes Feb 1.0829 high

Posted by Marge Maresca on Mar 21, 2017 11:35:48 AM

Overnight Events

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Topics: US FX Market Open

Today’s Trading Edge: Oil remains heavy as supply concerns weigh on prices

Posted by WorldWideMarkets . on Mar 20, 2017 11:23:41 PM

 

Oil prices initially rallied in NY after OPEC support for continuing their supply cut agreement into second half of year is reportedly increasing.  They also noted that they would require non-OPEC participation to extend agreement.  The markets ignored the prospect of a possible extension of supply cuts as concerns remain strong on growing US oil output and high inventories. 

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Topics: US Crude oil, crude oil, WTI, $OIL

Daily Market Snapshot - March 20, 2017: Forex, Equities, Commodities

Posted by Akhilesh Ganti on Mar 20, 2017 9:55:01 PM

March 20, 2017 - FX, Commodity & Global Equity performance metrics. Oil (WTI) chart. Pivot points, Support, Resistance & Fibonacci retracement levels for currency pairs, relevant equity indices, US yields & commonly traded commodities offered by WorldWideMarkets. {updated at 22:00:00 UTC}

FX Performance (Strongest to Weakest)
Strongest Weakest
NZD AUD JPY USD EUR CHF CAD GBP
Market Best Performer Worst Performer
Forex NZDJPY GBPNZD
Equity Hang Seng Nifty 50
Commodity Natural Gas Oil (WTI)
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Topics: Pivot Points, Asian session

 

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