Ramalan dan analisis dari Alpari

Fluctuations in gold have all but disappeared, with the precious metal marking time at $1,784/oz on Monday. A sideways trend has formed in the range of $1,769-1,794 over the past week and a half. For the time being, there are no signs of a possible breakout. Last Friday, gold prices rose slightly de...

Today crude futures extended gains from last week, with Brent up 0.28%, still holding above $75/bbl, and WTI is rising in price by 0.25%, trading above $71/bbl. Iraq, following Saudi Arabia, announced an increase in the selling prices for its clients in January, sending a bullish signal to the marke...

Major currencies once again ended the week with mixed performance. The worst performers included the Swiss franc (-0.32%) and the Japanese yen (-0.50%). The aussie dollar (+2.49%) topped the leaderboard, while smaller gains were seen in the Canadian dollar (+0.88%), the New Zealand dollar (+0.71%), ...

The EURUSD pair slid 0.54% to $1.1278 on Thursday, December 9. The dip to 1.1310 was seen as a corrective move. Long positions triggered stops below 1.1300. The euro came under pressure amid a slew of negative factors: 1. The ECB is considering tweaks to its PEPP reinvestment plans. The regulator mi...

Bitcoin slipped 5.80% to $47,545 on Thursday, December 9. Buyers surrendered all gains seen in the rally from $47,100 to $51,936. The news flow exerted a negative impact on risk-sensitive assets. The DXY index advanced, while gold, oil, major currencies, US stock indices and cryptocurrencies trended...

The EURUSD pair slid 0.54% to $1.1278 on Thursday, December 9. The dip to 1.1310 was seen as a corrective move. Long positions triggered stops below 1.1300. The euro came under pressure amid a slew of negative factors: 1. The ECB is considering tweaks to its PEPP reinvestment plans. The regulator mi...

The EURUSD pair traded higher on Wednesday, December 8. The single currency rose 0.66% to 1.1341 against the US currency. The pair started trending upward at the opening of the Asian session and picked up momentum during North American trading. The euro tapped into a sharp upturn in the EURGBP cross...

Conflicting reports have come in regarding the Iran nuclear talks: Iran considers the negotiations to have failed, whereas Western states, including the US, are still hoping for a positive outcome. Meanwhile, OPEC announced an optimistic long-term forecast that even by 2045, oil and gas will account...

The EURUSD pair traded higher on Wednesday, December 8. The single currency rose 0.66% to 1.1341 against the US currency. The pair started trending upward at the opening of the Asian session and picked up momentum during North American trading. The euro tapped into a sharp upturn in the EURGBP cross...

The EURUSD pair dipped 0.17% to 1.1267 on Tuesday, December 7. The euro was the worst performer among major currencies, while the aussie and the loonie posted the top intraday gains. The key pair dropped to 1.1227. And while it remains unknown what may have swayed cross-currency sentiment, the euro ...

The BTCUSD pair fell to $50,489 (+0.79%) on Tuesday, December 7. During the European session, price action rose to $51,931. Buyers retreated towards the close after failing to breach the 61.8% Fibonacci retracement level of the decline from $57,190 to $41,630. Bitcoin dropped to $48,862 on Wednesday...

The EURUSD pair dipped 0.17% to 1.1267 on Tuesday, December 7. The euro was the worst performer among major currencies, while the aussie and the loonie posted the top intraday gains. The key pair dropped to 1.1227. And while it remains unknown what may have swayed cross-currency sentiment, the euro ...

Gold prices have been trending higher on Wednesday, trading at $1,791/oz. Gains in the previous session were due to profit-taking by some investors. Meanwhile, UST yields are on the rise, pulling the USD up with it, but so far gold has managed to maintain stability without giving in to pressure. Int...

Benchmark crude futures continued to rally on Tuesday, December 7, albeit at a slower pace. By the close, Brent advanced 2% to $74.87/bbl, while WTI jumped 2.4% to $71.47/bbl, consolidating above the psychologically important $70/bbl level. Fears stemming from the impact of the Omicron variant on th...

The single currency closed down 0.24% to 1.1286 on Monday, December 6. Price action climbed to 1.1310 during the European trading session. The demand for risk assets was partly triggered by media reports that the new Omicron strain is less dangerous than the Delta variant. The economic calendar was ...

The BTCUSD pair rose 2.12% to $50,441 on Monday, December 6. The gains were 20% of the recent low at $42k. Price action slid 27% on December 3 and 4, and a retracement to $57,600 is equal to 37% upside. Cryptocurrency market cap rebounded by $457 bln to $2.34 trln. On Monday, buying interest in cryp...

Crude futures were back in rally mode on Monday, December 6, with Brent breaking out of several local resistance levels, up 5.12% on the day to $73.44/bbl, and WTI spiked 5.4% to $69.79/bbl. The WHO claims that the new Omicron coronavirus strain is milder but more transmissible, while scientific con...

The single currency closed down 0.24% to 1.1286 on Monday, December 6. Price action climbed to 1.1310 during the European trading session. The demand for risk assets was partly triggered by media reports that the new Omicron strain is less dangerous than the Delta variant. The economic calendar was ...

Key factors currently driving the FX market: · November NFPs print underwhelmed the market · US manufacturing activity overshot expectations, posting a high not seen since 1997 Major currencies saw mixed performance heading into the weekend. The steepest losses were recorded by the New Zealand dolla...

Crude futures dropped again on Friday, December 3 in line with the recent alternating price action pattern of gains on one day followed by losses in the next session. By the close, Brent fell 0.48% to $69.86/bbl, again dropping below the psychologically important $70 level, whereas Texas WTI shed 1....

Bitcoin fell 13.76% to $49,396 over the week ended December 3. Price action tanked 26% to $42k. Buyers managed to pare some losses by the close of the weekly candle. The trigger for Saturday’s rout was a mixed NFP report and strong non-manufacturing PMI data stateside for November. Investors expect ...

Key factors currently driving the FX market: · November NFPs print underwhelmed the market · US manufacturing activity overshot expectations, posting a high not seen since 1997 Major currencies saw mixed performance heading into the weekend. The steepest losses were recorded by the New Zealand dolla...

The EURUSD pair fell 0.17% to 1.1301 on Thursday, December 2. The DXY index came under pressure during European trading as the single currency rose to 1.1348. Buyers pared all gains during the North American session, with price action moving in the range of 1.1300-1.1355. The shift in cross pair tra...

Bitcoin slipped 1.23% to $56,480 on Thursday, December 2. The price spent the day in the range of $55,778-57,368. The leading cryptocurrency has been hovering around the $57,200 mark for the fifth consecutive day as market participants have taken a wait-and-see stance. While no new drivers have emer...

Oil prices swung between gains and losses on Thursday, December 2, but moved steadily higher during the evening session. By the close, Brent surged 2.3%, crossing back above the psychologically important $70/bbl level, while WTI advanced 2.6% to $67.03/bbl. OPEC+ yesterday decided to stick to its ex...

The EURUSD pair fell 0.17% to 1.1301 on Thursday, December 2. The DXY index came under pressure during European trading as the single currency rose to 1.1348. Buyers pared all gains during the North American session, with price action moving in the range of 1.1300-1.1355. The shift in cross pair tra...

The EURUSD pair dipped 0.16% to 1.1320 on Wednesday, December 1, hovering within a trading range of 1.1300-1.1360. Before the close of the North American session, the price retreated to 1.1311. The dollar drew support from a new string of US macro data. The ISM Manufacturing PMI came in stronger tha...

Bitcoin advanced 0.41% to $57,184 on Wednesday, December 1. Buyers once again failed to mount a successful offensive. The $59,000-59,300 resistance zone still remains in place. After reaching $59,053, the BTCUSD pair dropped to $55,777. Buyers started to cover shorts amid risk aversion following rep...

Oil prices retreated sharply again near the close on Wednesday, December 1, although the losses were less severe than before. Brent fell 1.8% to $68.62/bbl, rolling back to levels seen in August, while WTI dropped 2% to $65.36/bbl. OPEC’s regular JTC meeting held yesterday did not yield any concrete...

The EURUSD pair dipped 0.16% to 1.1320 on Wednesday, December 1, hovering within a trading range of 1.1300-1.1360. Before the close of the North American session, the price retreated to 1.1311. The dollar drew support from a new string of US macro data. The ISM Manufacturing PMI came in stronger tha...