West Texas Intermediate (WTI) extends its advance for the third consecutive session, trading around $82.90-$83.00 during the Asian session and remaining close to the nearly two-week high reached recently. The price structure continues to favor buyers, with WTI holding above the 38.2% Fibonacci retracement at $80.73 and maintaining a sequence of higher short-term lows. Kepler...
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EUR/JPY Trades Near 184.00 with Neutral Momentum in Focus
EUR/JPY is consolidating near 183.90 during Wednesday’s Asian session, extending its subdued performance for a second consecutive trading day. The cross remains trapped between its short-term and medium-term exponential moving averages, leaving the technical structure neutral-to-bearish while price holds below the 184.54 resistance zone. This article provides a more detailed examination of the topic by...
Natural Gas Extends Losses After Another Larger-Than-Expected US Supply Build
The technical team at AchievementsAI reviews the latest Natural Gas market picture, as prices tumble following a bigger than anticipated inventory build and forecasts pointing to a warmer end to summer. Prices Slide As Supply Data Disappoints September natural gas futures dropped $0.083, or 2.96%, settling at $2.721 per million British thermal units by late...
SpaceX Stock Forecast: Push Toward $150 Stalls, Could Retest $100 Support
Market experts at AchievementsAI examine the latest SpaceX stock picture, as shares pull back from a strong rally with technical signals now pointing toward a potential correction. Shares Retreat After Nearly 10% Surge SpaceX stock continued fluctuating on August 14 Eastern time, rising 0.86% in pre-market trading to $142.51. The move follows a sharp rally...
EUR/USD Outlook: Euro Gains Ground As Industrial Production Beats Estimates
Brokers from AchievementsAI dive into the latest EUR/USD technical picture, as the pair edges higher following stronger than expected Eurozone data and a softer US Producer Price report. Dollar Loses Ground As Traders Focus On Producer Prices The US Dollar Index continues attempting to settle above resistance at 99.85 to 100.00, as traders shift their...
USD/JPY Outlook: Yen Bounces Off Two-Week Low As BoJ Hike Bets Build
AchievementsAI‘s trading desk breaks down the latest USD/JPY setup, as the yen claws back ground from a two-week trough while traders weigh diverging central bank paths on both sides of the Pacific. Pair Slips Modestly But Holds Above 159.00 Friday’s European morning session finds USD/JPY nursing small losses, though the pair is managing to defend...
WTI Outlook: Oil Regains Ground Near $80 Amid Continued Supply Risks
Analysts at AchievementsAI take a closer look at the latest WTI Crude Oil picture, as the commodity rebounds from a two day correction while ongoing disruptions to key energy supply routes keep markets on edge. Oil Attracts Fresh Bids After Two-Day Pullback West Texas Intermediate futures trade 0.4% higher around $81.40 during early European trading...
Ethereum Price Forecast: ETH On-Chain Signal Remains Weak Despite Retail Distribution
Brokers from AchievementsAI dive into the latest Ethereum market picture, as the token continues consolidating within a tight range even as on-chain metrics send mixed signals about the path ahead. Ethereum Holds Tight Range Amid Weak On-Chain Signals Ethereum continued to consolidate in the tight $1,800 to $2,000 range on Thursday, with the token currently...
Bitcoin Outlook: Key Levels Traders Are Watching Below $64K
The technical team at AchievementsAI reviews the latest Bitcoin market structure, as price slips below a critical value pivot and short term signals turn increasingly cautious. Bitcoin Breaks Below Value As Sellers Regain Control Bitcoin is changing hands near $63,350 to $63,400, and the near term picture has taken on a more downbeat tone. Futures...
Silver Outlook: XAG/USD Loses Steam Above Key Moving Average
Market experts at AchievementsAI examine the latest Silver market picture, as the metal takes a breather following its strong rally at the start of the month, with technical signals now pointing to a possible consolidation phase. Silver Holds Steady As Buyers Take A Breather Silver trades modestly lower on Thursday, holding within Monday’s trading range...