Oil prices surged as escalating tensions in the Middle East have raised fears of supply disruptions. US President Joe Biden confirmed that he is considering airstrikes on Iran’s oil facilities in retaliation for Tehran’s missile attack on Israel. The growing conflict, already being described as the most severe in the region since the Gulf War, […]
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Markets This week’s US data was supposed to be key input for markets to make up their mind on the amount of Fed easing in November. Data released earlier this week (JOLTS, ISMs, jobless claims, Read more…
Daily Pivots: (S1) 191.60; (P) 193.39; (R1) 194.65; More… Intraday bias in GBP/JPY stays neutral at this point. On the upside, above 195.95 will resume the rise from 180.00 to 61.8% retracement of 208.09 to Read more…
Daily Pivots: (S1) 161.48; (P) 161.98; (R1) 162.60; More…. Intraday bias is EUR/JPY stays neutral at this point. On the upside, break of 163.47 will resume the rise from 155.14 to 61.8% retracement of 175.41 Read more…