Energy markets are showing indecision on weekly
Global energy markets remain uncertain, with geopolitics still escalating. Talks between Russia and Ukraine have little to show so far.
Senior Market Strategist
Russell Shor is a Senior Market Strategist at FXCM, having been promoted to the role in 2025 in recognition of his depth of insight and consistent delivery of high-impact market analysis. He originally joined FXCM in October 2017 as a Senior Market Specialist.
Russell holds an Honours Degree in Economics from the University of South Africa, is a certified FMVA®, and a full member of the Society of Technical Analysts (UK). With over 20 years of experience in financial markets, his work is renowned for its clarity, precision, and strategic value across asset classes.
Page 91 of 107
Global energy markets remain uncertain, with geopolitics still escalating. Talks between Russia and Ukraine have little to show so far.
In today's "Morning Market Review," we discuss the uncertain sentiment in the commodity space, with specific references to oil and gold. Furthermore, we consider that rates of returns are in flux and what this might mean for risk markets. Finally, we analyse the GER30 and USDOLLAR weekly and daily charts.
US30 moves into bullish area, but caution is suggested given market headwinds.
Introduction The Fed began its hiking cycle yesterday by raising the fed funds rate by 25bps. Moreover, they forecast another six rates for 2022. The dot plot confirms the aggressive expectations of hikes: Source:Summary of Economic Projections - March 16, 2022 The median forecasts to 2024 are as follows: - 2022 – 1.9% - 2023/2024 – 2.9% (peak) - Longer-term – Moderation An argument is that the Fed has been…
In today’s “Morning Market Review,” we discuss the headwinds due to the flux in investor required rate of return. We also consider the flattening of the yield curve. Finally, we link this discussion to the DAX and risk markets and advocate for caution due to the possibility of current price action being a bear market rally.
EURUSD May be setting up ahead of crucial Fed announcement and press conference.
Although, the daily chart is showing signs of resilience, caution is still needed.
In this week's " Crypt Minute," we consider bitcoin and ethereum. Both are trading in their respective neutral areas, with ethereum showing slight relative weakness. In addition, we discuss the implication of the EU parliament defeating a motion to ban proof-of-work.
In today's "Morning Market Review," gold has dropped markedly so far this week. Capital looks to be rotating back into the risk markets as participants shop for bargains. The oil market has resistance above but also has ambiguous tidings to it.
FXCM's Dow Jones Industrial Average CFD, US30, is in the weak zone of its daily chart, between the lower blue and red bands. Therefore, it will be positive if it moves up into the neutral area, between the blue bands (green arrow). However, the hourly chart on the right needs to continue with its bullishness to make this progress. The hourly EMAs and stochastic have crossed bullishly (black ellipses). Still,…
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.