WTI Crude Oil Price Analysis for Sept. 29, 2020
WTI crude oil is still stuck in consolidation as it formed higher lows and slightly higher highs inside a rising wedge pattern on its 1-hour…
Commodities
Natural Gas (NATGAS/USD) Price Technical Analysis for Sept. 29, 2020
Natural gas is in tight consolidation as seen on the 1-hour chart but might be giving a bullish signal. Price is trading inside a bullish…
Soybean Falls Below $10 As Foreign Demand Firms
Soybean futures have slipped below $10 for the first time since the middle of September. The crop is coming off a weekly loss of about…
What Is Driving Trip.com Group Ltd (NASDAQ: TCOM) Stock?
Trip.com Group Ltd (NASDAQ: TCOM) stock rose over 3.9% on 28th September, 2020 (as of 1:00 pm GMT-4; Source: Google finance) post second quarter FY20…
Gold Prices Hold Steady As Federal Reserve Balance Sheet Approaches June Peak
PRICE OF GOLD KEY POINTS The price of gold trades in a narrower range after it slipped under the 50-day Simple Moving Average trading at…
WTI Crude Oil Price Analysis for Sept. 28, 2020
WTI crude oil has formed lower highs and higher lows to consolidate inside a symmetrical triangle on its 4-hour chart. Price is approaching the peak…
Natural Gas (NATGAS/USD) Price Technical Analysis for Sept. 28, 2020
Natural gas has formed lower highs below a descending trend line, and price is currently testing this resistance level. A continuation of the slide could…
Daily Oil, Gold, Silver Technical Analysis | September 28, 2020
Gold waiting for a further reaction at $1,850 There was bullish reaction from the $1,850 support level. However, gold prices settled inside the Thursday range…