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28 Nov 2022

Crude Oil Futures: Scope for further decline

CME Group’s flash data for crude oil futures markets noted traders added just 715 contracts to their open interest positions at the end of last week, reaching the second consecutive build at the same time. Volume left behind the previous daily build and went down by around 312.4K contracts.

WTI: On its way to $70.00?

Prices of the barrel of WTI extended the downtrend on Friday amidst rising open interest, which is supportive of the continuation of the downside in the very near term. Against that crude oil prices could revisit the key $70.00 mark per barrel sooner rather than later.

Nov 28, 2022

USD/CHF aims to regain 0.9500 amid downbeat risk profile, Swiss GDP eyed

USD/CHF retreats from intraday high but stays on the bull’s radar for the third consecutive day, near 0.9465 heading into Monday’s European session. I
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Nov 28, 2022

EUR/USD Price Analysis: Bounces off 50-SMA but stays bearish below 1.0440 hurdle

EUR/USD licks its wounds near 1.0360, off the daily low surrounding 1.0340, as traders seek more clues to extend the early-day fall heading into Monda
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