Tag: XAG/USD

Market Analysis
July 10, 2023 BY Steffy Bogdanova

Market Insight: Week ending 14 July

Technical View: Markets to Watch for the Week Ahead Currencies: US Dollar Eyeing the 101.92 Low With Friday’s one-sided decline, it was a disappointing week for the Dollar Index, down -0.6%. Trend studies on the monthly timeframe show price action has been northbound since bottoming in 2008 at 70.70. Q4 (2022), as you can see,…

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Market Analysis
May 17, 2023 BY Steffy Bogdanova

Daily Report: Commodities displaying bearish tone

WTI Oil Daily Timeframe. The price of oil has been on a downward slide since topping at $126.35/bbl, pencilling in a series of lower lows and lower highs since March 2022. I did note that since the unit chalked up a lower low at $63.94 (4 May), a move which reaffirmed the market’s bearish bias,…

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