WTI Crude Oil Prices Set for Further Gains, but Caution Advised WTI crude oil futures prices are on a clear upward trajectory, having recently surpassed the targeted levels of 79.30 and 79.70 and approaching the key psychological level of 80.50. The commodity reached an intraday high of $80.28 per barrel, …
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japanese-yen
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Oil, Crude, trading
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The euro is experiencing a critical moment in its ongoing dance with the U.S. dollar. After a brief flirtation with the 1.0900 resistance level, the pair has retreated to 1.0845, leaving traders pondering its next move. A closer look at the technical landscape reveals a delicate balance between bullish and …
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Oil, Crude, trading
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japanese-yen
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Oil, Crude, trading
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WTI crude oil futures prices have aligned with our previous technical forecast, reflecting a downward trend while trading below the $77.70 resistance level. However, as anticipated, a consolidation above this level triggered a recovery, pushing prices to a high of $78.90 in early trading today. Technical Indicators Support Potential for …
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The EUR/USD pair kicked off the week with a notable surge, reaching a high of 1.0880 during today’s morning trading session. Technical Analysis Supports Upward Momentum A close examination of the 4-hour chart reveals a bullish scenario. The simple moving averages have aligned to support the prevailing daily upward trend. …
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European stock markets opened the week on a subdued note, with many major markets closed for the holiday. Investors exercised caution ahead of crucial inflation data releases from both the U.S. and Europe, scheduled for later this week. The pan-European STOXX 600 index dipped slightly by 0.02% as of early …
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