July 8: Awaiting crude oil inventories

Today we will consider the key levels for gold, price targets for oil, and GBP/USD.

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CPI May Hit 10%, What to Do?
CPI May Hit 10%, What to Do?

For a long time, traders considered American Non-farm Payrolls (NFP) the most important release in the market. However, the situation has changed. Now US CPI moves financial markets.

Will Oil Prices Hit $50 Soon?
Will Oil Prices Hit $50 Soon?

The oil prices have declined this week after the new Omicron strain was identified. What should we expect next from oil?

How Powell's hawkish speech will affect the USD and gold?
How Powell's hawkish speech will affect the USD and gold?

The higher prices seen today are generally related to the pandemic, that’s no doubt. US consumer prices jumped in October at the fastest pace in three decades putting the Biden administration on the defensive and increasing prospects that the Federal Reserve will raise interest rates next year. Jerome Powell says Fed will discuss speeding up bond-buying taper at the December meeting. What does it mean for markets?

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Risk On: Market Outlook for May 16-20
Risk On: Market Outlook for May 16-20

Gold is about to break the most significant support. The US dollar index keeps gaining momentum. However, the situation might change this week, and we might see a tiny correction. Investors might return to risk-on and push the US stock market indices and cryptocurrencies to the upside. These and more trade ideas are in our new weekly video! Do not miss it!

IT CAN'T BE REAL | 5 assets to trade on May 9-13
IT CAN'T BE REAL | 5 assets to trade on May 9-13

This week is likely to be pivotal for many assets, including gold, USD, and several stocks. However, we need to be focused and react fast to the ever-changing environment to get the most from it.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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