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Scope Markets

@Scope_Markets

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@Scope_Markets
Scope Markets
8 hours
πŸ’¬ #WTI continues to slip following the breakthrough that looks to see a ceasefire and prisoner swap in Gaza. With tensions easing, πŸ‡ΊπŸ‡Έ US crude heads towards the $60 mark which hasn't been seen since May. Watch out πŸ‘€ for horizontal & Fibonacci support below. *Not an
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@Scope_Markets
Scope Markets
13 hours
Market Comments 10/10: πŸ’¬ Gold slipped about 1.60% in yesterday’s session after #Trump announced an Israel-Hamas ceasefire deal. Markets reacted positively, sensing relief following two years of heightened geopolitical tensions in the Middle East. *Not an investment advice.
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@Scope_Markets
Scope Markets
13 hours
πŸ”” Market Watch: Friday The week wraps up with key Canadian labour market data, including the unemployment rate, an important input for the Bank of Canada’s policy outlook. Meanwhile, #Fed official Musalem delivers the final scheduled remarks of the week, and the U.S. monthly
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@Scope_Markets
Scope Markets
1 day
πŸ’¬ U.S crude oil continues its upward momentum, trading around $63.00. Markets are reacting to #OPEC's decision to implement a production increase of just 137k barrels per day for November, significantly below the anticipated 500k bpd ⛽️. *Not an investment advice. Trading
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@Scope_Markets
Scope Markets
2 days
Market Comments 10/9: πŸ’¬ Asian-Pacific markets traded positively, with the #KOSPI leading gains for the second consecutive day, rising 2.70%. The #Nikkei225 followed closely, up 1.77% πŸ“ˆ. Meanwhile, #gold remains firm above $4,000 πŸ’° mark after successfully retesting it as
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@Scope_Markets
Scope Markets
2 days
πŸ”” Market Watch: Thursday Markets turn to Europe πŸ‡ͺπŸ‡Ί today with the release of the #ECB’s monetary policy meeting minutes, potentially offering a deeper look into the central bank’s rate path. In the U.S. session, all eyes will be on #Fed Chair Powell’s speech πŸŽ™, accompanied by
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@Scope_Markets
Scope Markets
2 days
πŸ’¬ #EURUSD pair has declined below 1.17, marking a break below the lower boundary of the ascending price channel. If the pair holds below 1.1650, we may see further downside toward the next level 1.1460, which represents the nearest technical target. *Not an investment advice.
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@Scope_Markets
Scope Markets
2 days
πŸ’¬ #DXY extends gains for a third straight session, trading above $98.50 ahead of the #FOMC minutes. Safe-haven demand continues to underpin the Greenback πŸ’ͺ. *Not an investment advice. Trading carries risk.
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@Scope_Markets
Scope Markets
3 days
πŸ’¬ Asia-Pacific markets traded with muted performance despite a strong rally in the #KOSPI, which surged 2.70% πŸš€ to reach the 3,550 level. Meanwhile, #gold extended its upward momentum, climbing to $4,030 per ounce. *Not an investment advice. Trading carries risk.
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@Scope_Markets
Scope Markets
3 days
πŸ’¬ The #RBNZ opted to cut rates by 50bp overnight βœ‚οΈ, driving #NZDUSD to a six-month low. With price having dropped below the 0.575 support level, the downtrend seen since July looks set to continue 🧐. *Not an investment advice. Trading carries risk.
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@Scope_Markets
Scope Markets
3 days
Market Comments 10/8: πŸ’¬ #Gold surges to the $4,000 level, supported by heightened uncertainty surrounding the US government shutdown, political instability in France πŸ‡«πŸ‡·, and expectations of a pro-stimulus policy stance in Japan πŸ‡―πŸ‡΅. *Not an investment advice. Trading carries
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@Scope_Markets
Scope Markets
3 days
πŸ”” Market Watch: Wednesday The spotlight remains on the #Fed, with more scheduled remarks from officials including Musalem, Barr, and Kashkari. However, the main event will be the release of the #FOMC meeting minutes, which markets will scrutinize for any signals on the timing
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@Scope_Markets
Scope Markets
3 days
πŸ’¬ EUR/CHF edged lower as escalating political turmoil in France weighed on the Euro. The currency came under broad pressure following the resignation of Prime Minister Lecornu, who stepped down just 27 days after taking office, deepening the country’s political crisis. *Not an
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@Scope_Markets
Scope Markets
4 days
Market Comments 10/7: πŸ’¬ #XAUUSD edges toward the $4,000 mark as bullish momentum strengthens. Expectations of #Fed rate cuts, halted U.S. data releases, and continued Chinese #gold purchases keep demand elevated. *Not an investment advice. Trading carries risk.
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@Scope_Markets
Scope Markets
4 days
πŸ”” Market Watch: Tuesday Another relatively quiet session in Europe, with limited economic data on the calendar. Attention shifts πŸ‘€ to the U.S later in the day, where several speeches from #Fed officials, including Bostic, Bowman, Miran, and Kashkari, could offer insights
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@Scope_Markets
Scope Markets
4 days
πŸ”” Market Watch: Tuesday Another relatively quiet session in Europe, with limited economic data on the calendar. Attention shifts πŸ‘€ to the U.S later in the day, where several speeches from #Fed officials, including Bostic, Bowman, Miran, and Kashkari, could offer insights
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@Scope_Markets
Scope Markets
4 days
Market Comments 10/6: πŸ’¬ JPY pairs gap higher following Japan’s LDP leadership election, positioning Sanae Takaichi as the likely first female Prime Minister. #XAUUSD holds above 3,900, nearing an ATH of 3,949, as the #DXY recovers despite the ongoing US government shutdown.
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@Scope_Markets
Scope Markets
5 days
Today: A subdued start to the trading week, with market participants in the London session closely watching the release of the UK Construction #PMI πŸ— and Eurozone Retail Sales. These figures πŸ“Š may provide early directional cues for #GBP and EUR crosses amid the lack of major
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@Scope_Markets
Scope Markets
5 days
πŸ‘€ New Week, new Market Watch: β€’ US πŸ‡ΊπŸ‡Έ government shutdown rolls on β€’ Will Canadian jobs πŸ‡¨πŸ‡¦ report see the unemployment rate rise further? β€’ Central bank commentary key in week that sees πŸ—’ #FOMC minutes *Not an investment advice. Trading carries risk.
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@Scope_Markets
Scope Markets
5 days
Let's prepare for the week ahead. πŸ“† Take a look at the most important upcoming Economic Events! ▢️ Join us on YouTube for a full market analysis for the week ahead by Chief Market Analyst, @JoshuaMahony. - #What2Watch | #MarketCalendar | #MarketOutlook
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