The US Dollar has continued to fall significantly, while the US stock market failed by its record high, and Silver continued to lead precious metals higher.
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The GBP/USD has gone into this weekend near 1.33670, this after starting the week around 1.33100 and touching a momentary high about 1.34325 on Thursday.
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WTI Crude Oil has gone into this weekend around the 57.145 price which is challenging lower prices seen in October of this year, the commodity provided bearish speculators with incremental movement downwards this past week.
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Weekly review of USD, EUR, GBP, Bitcoin, and Nasdaq highlighting key technical levels for smarter trading decisions.
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Markets are again dominated by risk-off sentiment, boosting stocks and sending the US Dollar lower, with Silver still leading precious metals higher.
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The EUR/USD went into the weekend near the 1.16433 level after starting this past Monday’s Forex trading around the 1.16300 vicinity, while the gains made may not look significant there are signs of sentiment shift.
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WTI Crude Oil finished this past week of trading with slight gains, and day traders who may have been enjoying a rather stable week of results were ‘treated’ to a spike lower late on Thursday via the commodity.
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A concise weekly look at key markets, with updates on currencies, crypto, stocks, and commodities as volatility shapes December trading.
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Markets are again dominated by risk-off sentiment, boosting stocks and sending the US Dollar lower, with Silver leading precious metals higher.
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WTI crude extends its decline amid rising supply risks from Russia and OPEC+, with prices targeting new yearly lows.
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EUR/USD holds a tight range and forms a bullish flag while traders await key data from the ECB and the Federal Reserve.
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Weekly market outlook for December 1: gold, FX pairs, indices and Bitcoin with key levels and trends for traders in Spain and Latin America.
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After two weeks of increasing signs of nervousness in US equity markets, we finally saw a more significant risk-off move, with the major US equities falling into technical corrections and Bitcoin losing a lot of its value within the current selloff.
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Get a concise weekly overview of Bitcoin, major FX pairs, gold, and silver, highlighting key levels, trends, and risks for November 24.
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The GBP/USD went into this week near the 1.31725 ratio, which is essentially near values seen at the end of October, this as speculative conditions are likely rise in Forex in the coming days.
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