News & Analysis
News
Analysis
Updates
Oil Stabilises Above $45.00 Per Barrel
Key Points Price consolidationOpen Interest on the downside Crude oil has been trading in a tight consolidation region between $44.35 and $46.75...
Gold Bulls Getting Back in Control.
Key Points ATH in the overbought regionPrice above the $1850 resistance handleRSI pointing upwards Gold Daily Chart Source; QEFxMoney Gold bulls may...
Copper climbs higher on vaccine hopes
Key points Price rockets to $3.500 per ounceCovid-19 vaccine optimism is good for industrial metalsThe long term remains bullish The price of copper...
Silver Recover from last week’s sell-off
Key Points 0.382 Fibonacci levelBreakout from descending resistance lineAscending Channel Silver Daily Chart Source; QEFxMoney Prices have managed...
Bitcoin remains strong at the $20,000 handle.
BTCUSD Monthly Chart Source; QEFxMoney Bitcoin’s price yesterday finally registered a new all-time high of $19,870, after recording its highest...
Copper still more room to the upside.
Copper 4 Hour Chart Source; QEFxMoney The chart below shows Copper has been in a bullish run since the 19th of March 2020. The move higher started...
Gold finds support at the 200 Moving Average Region.
Key Points Long term fundamentals remain bullish200 Moving Average Saves the dayBulls to face major resistance at $1850.Minor resistance around...
Oil Ahead of OPEC & OPEC+ Meetings
Oil producers comprising of the OPEC and OPEC+ are inclined towards contemplating whether to extend current oil production cuts into 2021 or to...
Silver Floating Above $22.00
Key Points Slight indecision close to the support regionBearish momentum gaining traction as prices are below the 60 MALong term trend still...
EURJPY Classic Charting Pattern
Source; QEFxMoney The chart below shows EURJPY has been in a complex correction since the 1st of October 2020. The correction is marked as a wxy...