It will be the hottest week of September, with four central banks’ meetings, five PMI releases, and a lot to trade.
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The metal made an astonishing 2500-point upside move at the end of the last week. The resistance of $1931 seems like a sweet spot for the price.
We would like to see a correction near $1920 and then look for Buy trades with targets at resistances above.
Have a profitable week!
In today's market insights, we delve into Citibank's oil price predictions, the evolving competition between Huawei and Apple, the Saudi Arabia-Tesla partnership, and the upcoming rate decisions from the world's major central banks.
Lagarde says difficult times have come, and the ECB raised the rate not to cause a recession but to stabilize prices. Read the report to learn the freshest news of the day!
ECB is ready to take the decision about the key rate. What to expect from officials? Oil prices are high, and economy indicators demonstrate the slowing down in the strongest European economies.
Oil prices are rising while the US government is on the verge of shutting down. How will it affect the market?
US stock markets started falling, while the US dollar is rising. What to expect from
Oil prices are rising and Russia banned the export of its petrol. What's happening in the markets?
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!
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