Forex Analysis for Brent/
All Forex brokers
All Forex brokers
Optimism in the financial markets Market Watch review. 28.04.2021 In today's release, we’ll cover the following topics: Growth of US stock indices. Weakening of the US dollar. US Federal Reserve rate decision. Rising oil prices. The US stock market continues to attract the attention of investors fr...
What happened? OPEC+ shocked investors last week with its decision to prolong output cuts by 500 000 barrels a day. Besides, Saudi Arabia announced it would keep voluntary cuts of 1 million barrels a day throughout April. That actions sent oil prices soaring. Goldman Sachs and JPMorgan upgraded thei...
What happened? Financial giants such as JPMorgan and Goldman Sachs anticipate crude oil to skyrocket as high as $100 as the global economy rebounds. Oil prices haven’t been at such a high level since 2014. What are the reasons behind banks’ optimism? The banks believe that Biden’s fiscal stimulus of...
The year-end is getting closer. What will 2021 bring us? Let’s find out what major banks expect! USD: down and down and down Most analysts predict the further falling of the US dollar during the next year. The consensus is the decline by 5-10% against most currencies. There are two main reasons for ...
Market Watch. Sweden's Central Bank is ramping up incentives. Bitcoin anti-records Market Watch review. In today's release, we’ll cover the following topics: Results of the meeting of the Central Bank of Sweden. New highs in the oil market. The fall of Bitcoin by $3,000. The financial authorities of...
What happened? Oil has surged to March highs amid optimistic vaccine news and the peaceful presidential transition. Actually, it doesn’t matter when widespread vaccinations will start. What matters is that investors see the light at the end of the tunnel, and they are ready to invest in the most dam...
Oil keeps rallying for the fourth day in a row after Goldman Sachs claimed that the oil market is in deficit and also because of the recent storm in the Gulf of Mexico, which led to the sharp decline of oil production. It is the best week for oil since June! Analysts from Goldman Sachs anticipate th...
Main / For Traders / Forex Analysis / Fundamental analysis 08.09.202014:36 Brent oil faces headwinds Long-term review Similar to the rally in US stock market indices, the rapid rise in oil prices from April lows, which continued through the end of summer, looked quite exaggerated. T...
What are the forecasts for the oil market? Is there any hope of a recovery? What happened? The International Energy Agency decreased its forecasts for the oil market on Thursday. Indeed, the coronavirus ruined the oil demand. Therefore, the Agency can’t give any optimistic guidelines. You might thin...
Relevance up to 08:00 2020-07-11 UTC+2 Crude oil fell after a key Libyan oil field resumed production. It threatens to release barrels of oil into the market where demand is already low. Thus, due to this, oil futures in the US fell 3%.The Mesla and Sarir oil fields in eastern Libya resumed produc....
Relevance up to 09:00 2020-06-18 UTC+2 Energy Minister Suhail Al Mazroui of the United Arab Emirates said that the production cuts administered by OPEC members will soon bring oil prices back to normal.When the markets collapsed, Mazrui initially claimed during a conference call that $ 40 a barrel....
Investors await the OPEC+ decision on output cuts. It will define where the oil price will go. Brief background The oil market was completely destroyed this year. The coronavirus outbreak forced all the people to stop travelling, driving their cars and factories to shut down. As a result, the oil de...
Long-term review Dear colleagues. The fall of oil quotes into the negative zone caused a serious commotion not only on world exchanges and the information space, but also in the minds of investors. What until recently was unbelievable has become a reality. However, negative prices cannot be the n....
Relevance up to 11:00 2020-05-21 UTC+2 This chart shows the number of active coronavirus cases in Russia, that is, the total number of infected people, excluding recovered and dead. Yesterday, on May 19, the figure seemed to have hit the highest point. This chart shows the number of new coronavir....
Relevance up to 19:00 UTC+2 The pound significantly fell against the US dollar - for the first time since the beginning of April, the sterling fell into the framework of the 22nd figure, demonstrating a bearish mood. The GBP/USD pair reached its local high on April 14, peaking at 1.2647. But buye....
Relevance up to 13:00 2020-04-22 UTC+2 Oil costs $ 17 in the US. Brent oil costs $ 20. US oil's June contract fell to $ 12.Obvious problem: large oversupply of oil in the market - all storage tanks are full.Production cuts promised by the OPEC + deal should work out gradually - but what about dema....
Relevance up to 09:00 2020-04-22 UTC+2 U.S oil price plunges to less than $0 per barrel on April 20.This oil situation in the USA gives very negative prospects for the oil market. The oil contract for May delivery stopped trading on Monday. As for June contracts, Brent oil so far is held at levels....
Relevance up to 08:00 2020-04-22 UTC+2 WTI oil collapsed on Monday. Its quotes fell to minus (!!!) $ 35.On MICEX, WTI trading was stopped. See the chart for Monday:The last price on the chart is 7 cents per barrel.Brent oil, on the other hand, is holding around $ 25 per barrel. This is actually a ....
Relevance up to 15:00 2020-04-21 UTC+2 Two good news:1. Western countries have passed the "peak" of the pandemic. Countries in Western Europe, such as Italy and Spain, showed a significant decrease in the number of deaths per day - below 450. Death toll in Britain and France is below 600 and 500 d....
Relevance up to 08:00 2020-04-21 UTC+2 On Friday, US oil prices fell another 8%, reaching a new 18-year low of $ 18.27 per barrel. At some point, the price even fell to $ 17.33 per barrel - the lowest price since November 2001.The accelerating collapse of the oil market reflects the realization th....
Oil prices remain under pressure. After Brent has broken the consolidation range to the downside and fell below 30.00, it got some support ahead of 27.00. At the same time, the Awesome Oscillator on the D1 formed a negative “saucer” signal. As a result, the odds are that the price will revisit lower...
Overview of the EUR/USD pair. April 6. Fitch forecasts: a recession until at least 2022, new falls in stock indices, and rising unemployment
Relevance up to 03:00 2020-04-07 UTC+2 4-hour timeframe Technical details: Higher linear regression channel: direction - downward. Lower linear regression channel: direction - downward. Moving average (20; smoothed) - downward. CCI: -128.8756 A new trading week begins with a continuing downward m....
First, a review of last week’s events: EUR/USD. The coronavirus pandemic continues to drive global markets. The oil wars between Saudi Arabia and Russia, which, of course, do not do without the active intervention of the United States, add to the nervousness. This country, whose shale oil is anothe....
Relevance up to 20:00 UTC+1 The financial world has experienced another day of increased turbulence. The battle of traders for the US currency led to the fact that the dollar index rose to 103 points, reflecting the huge demand throughout the market. The euro-dollar pair again updated the low, re....
Relevance up to 10:00 2020-03-20 UTC+1 Everyone is wondering these days how long the oil drop could be and when it could start increasing again? Personally, I don't have this answer because the global risk is high amid an unfolding economic crisis.In this article, we'll talk about Brent Oil price ....
Relevance up to 12:00 2020-03-18 UTC+1 Hello, colleagues! Global financial markets are in a state of panic and chaos. Yesterday, the stock market collapsed, and the price of Brent oil fell to the area of $30 per barrel. To increase the liquidity of the global financial system, 5 (five) leading wor....