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Buyers reverse losses after Oil’s largest jump in 28 years

Buyers reverse losses after Oil’s largest jump in 28 years

September 16, 2019
by Joseph Jeffriess, Market Analyst
Oil started the week with a 19% jump, its largest in 28 years. Price jumped back inside the $60 handle after the market came to...
SPX500 closing in on new all time highs

SPX500 closing in on new all time highs

September 13, 2019
by Joseph Jeffriess, Market Analyst
With the current up and down mood surrounding the markets, it’s quite surprising to be saying that the SPX500 is closing in on...
USDCAD setting up for new leg lower? Trade and Oil key factors.

USDCAD setting up for new leg lower? Trade and Oil key factors.

September 12, 2019
by Joseph Jeffriess, Market Analyst
Looking at the USDCAD this morning traders we can see price has started to develop some bearish signs. This coincides with...
Oil jumps on production cut hopes, buyers break downtrend

Oil jumps on production cut hopes, buyers break downtrend

September 10, 2019
by Joseph Jeffriess, Market Analyst
Crude oil added over 2% in last night’s session after buyers gained confidence on news that supported extended productions cuts...
USDJPY starting to confirm breakout?

USDJPY starting to confirm breakout?

September 9, 2019
by Joseph Jeffriess, Market Analyst
Hi traders, Friday’s employment data had a mixed effect on the USD. Prices were mainly lower, the USDJPY fought back from lows...
US CFD indexes at 5-week highs after trade talk news

US CFD indexes at 5-week highs after trade talk news

September 5, 2019
by Joseph Jeffriess, Market Analyst
U.S. CFD indexes have been pushed to new 5-week highs in today’s session after positive trade news lifted already buoyant risk...
Has the USDCAD finally broken-out?

Has the USDCAD finally broken-out?

September 3, 2019
by Joseph Jeffriess, Market Analyst
Looking at the USDCAD today and tonight we can see that buyers have once again set up a strong rally. We did see this in last...