In early Tuesday trading, oil prices experienced a stabilization following a decline in the previous session. The market found itself delicately balanced between ongoing geopolitical tensions in the Middle East and growing concerns over demand, coupled with increased oil supplies from OPEC. Brent crude futures exhibited resilience, registering a modest …
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Oil, Crude, trading
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Oil, Crude, trading
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The Canadian dollar continues to exhibit an upward trend, in line with the anticipated bullish context outlined in the previous technical report. The pair successfully established a base around the support level of 1.3320. In terms of technical analysis, a closer examination of the 4-hour time frame chart reveals ongoing …
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japanese-yen
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Oil, Crude, trading
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US crude oil futures prices experienced significant losses as the current week’s trading sessions commenced, aligning with the anticipated negative outlook and reaching the targeted level of $70.00. The recorded lowest level was $70.13 per barrel. Technically, the prevailing sentiment leans towards negativity, with the formation of simple moving averages …
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Gold prices recently touched the designated support level, established at the 2016 price, reaching a low of $2016 per ounce. The technical analysis indicates a subsequent upward rebound following this contact with the robust 2016 support level, prompting a retest of the 2040 resistance level. Examining the 4-hour time frame …
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During the initial trading sessions of the week, the EUR/USD pair exhibited subdued movements, testing the 1.0960 resistance level without successfully breaching it. On the technical front, a closer look at the 240-minute time frame chart reveals the pair’s consolidation below the 50-day simple moving average, exerting downward pressure. Furthermore, …
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The incident you described involving a Boeing 737 Max 9 jet and the subsequent grounding of around 171 Boeing jets has indeed led to a decline in Boeing’s stock. The situation has raised concerns about safety inspections and potential issues with the aircraft model. The Federal Aviation Administration (FAA) has …
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