Tag: Brent

Daily Market Commentary
December 08, 2021 BY Steffy Bogdanova

Weekly data: Cautious optimism on Brent holds

‘The likely scenario as of now seems to be a sideways trend over the next few weeks,’ said Michael Stark, an analyst at Exness: ‘There’s obviously very strong buying demand in the area around $65, while there’s no clear fundamental driver for the price to retest recent highs. Traders are now looking for significant confirmed…

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February 15, 2021 BY Steffy Bogdanova

Weekly forex data: inflation around the world

The downtrend for EURGBP continues to be very strong from a technical perspective, with clearer spaces forming between the 50, 100 and 200 SMAs and price extending below the 38.2% area of the weekly Fibonacci fan. Oversold is an important concern for new sellers here, though, with the slow stochastic (15, 5, 5) having displayed…

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February 23, 2016 BY Maria Nikolova

AxiTrader adds new energy, agricultural CFDs to offering

Leading Australian retail Forex and CFD broker AxiTrader keeps expanding the lineup of trading instruments available to its clients. Just a couple of weeks after the company announced the addition of two new index CFDs - EURO STOXX 50 and NAS100, it is introducing several new energy and agricultural contracts. The new additions on the energy…

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April 11, 2015 BY Maria Nikolova

Is the Russian Ruble rise here to stay?

The Russian Ruble has impressed and puzzled the markets over the past couple of months with its rise against the US dollar and the Euro. Yesterday morning Russian economists and politicians praised the national currency for its continued appreciation against the USD and the EUR – it has been going up for 9 weeks in a…

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