x
M e x M o n e y

Updates:

Save up to 30%* on our Merchant Card Processing.

More Details

Dear Customer, We have launched AI powered KYC & KYB facility for New customer account opening.

Silver Price Analysis: XAG/USD flat-lines below $23.00, remains confined in a multi-day-old range

Silver (XAG/USD) struggles to capitalize on its modest intraday uptick and attracts some intraday sellers in the vicinity of the $23.00 mark on Friday. The white metal currently trades around the $22.80 region, nearly unchanged for the day, and remains confined in a multi-day-old range through the first half of the European session. From a technical […]

Cart of The Day (Oil)

Oil market has been rather calm this week. Crude prices dropped at the beginning of the week as Israel held off on the land invasion of Gaza Strip and there was no escalation and spillover of the Israel-Hamas war into other countries in the region.  However, as the weekend is approaching and markets will be […]

Good Morning Europe

Bulls on WTI (OIL.WTI) managed to once again defend the $83 area, marked with the 38.2% retracement of a recent upward move. However, price remains nearby and another test of this support cannot be ruled out. Source: xStation5

Crude Oil Futures: Further weakness on the cards

Considering advanced prints from CME Group for crude oil futures markets, open interest increased by nearly 11K contracts after three consecutive daily pullbacks. On the other hand, volume left behind two daily builds in a row and went down by around nearly 184K contracts. WTI: Immediate support remains around $82.00 WTI prices edged lower on Thursday […]

Natural Gas price flat in US, elevated in Europe, as Israel confirms ground assault

Natural Gas is soaring again as especially European gas futures are pricing in again a risk premium on the back of plans for a ground offensive becoming more concrete in Gaza. Despite several visits from a variety of world leaders asking for more time to have a human corridor, Israel has drawn up plans and […]

Gold price extends its steady ascent back closer to multi-month top, looks to US GDP

Gold price (XAU/USD) gains some positive traction for the second successive day on Thursday and continues scaling higher through the first half of the European session. The safe-haven precious metal has now moved back closer to its highest level since May 16 touched last Friday and remains well supported by the risk of a potential […]

Silver Price Analysis: XAG/USD recovers further from one-week low, retakes $23.00 mark

Silver (XAG/USD) builds on the previous day’s bounce from the vicinity of mid-$22.00s, or over a one-week low and scales higher through the early part of the European session on Thursday. The white metal, for now, seems to have snapped a three-day losing streak and currently trades around the $23.00 round figure, up nearly 1% for […]

Crude Oil Futures: Extra pullbacks not favoured

Open interest in crude oil futures markets dropped for the third consecutive session on Monday, now by around 9.2K contracts according to preliminary readings from CME Group. In the same direction, volume went down for the third straight session, this time by around 397.5K contracts. WTI: Gains appear limited around $88.00 Prices of WTI rose to new […]

Gold Futures: A sustained drop appears unlikely

CME Group’s flash data for gold futures markets noted traders reduced their open interest positions by around 5.2K contracts at the beginning of the week, reversing the previous daily build. Volume followed suit and shrank by nearly 150K contracts. Gold faces decent support around $1900 Monday’s downtick in gold prices was on the back of shrinking open […]

Natural Gas near session’s high as Australian unions are assessing going on strike again

Natural Gas prices are printing a new year-to-date highs on Friday as Australian union workers are discussing the possibility to resume strikes. The resurge in strike risk comes after Chevron reneged earlier commitments on pay and conditions to workers. Expectations are that at the earliest Monday, a notice will be given that in seven days industrial […]