Key Highlights WTI Crude Oil prices are struggling to clear the $71.20 resistance zone. A connecting bearish trend line is forming with resistance at $70.90 on the 4-hour chart. Bitcoin corrected gains and traded below the $95,000 support. The US GDP could grow 2.8% in Q3 2024 (Preliminary). WTI Crude Oil Price Technical Analysis WTI […]
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Daily Pivots: (S1) 191.63; (P) 192.85; (R1) 193.67; More… GBP/JPY’s fall from 199.79 continues today and intraday bias stays on the downside. As noted before, corrective rise from 180.00 could have completed with three waves Read more…
Daily Pivots: (S1) 161.17; (P) 161.64; (R1) 162.30; More…. EUR/JPY’s fall from 166.67 continues today and intraday bias stays on the downside. As noted before, corrective rebound from 154.40 could have completed with three waves Read more…
Kiwi rebounded broadly during Asian session, supported by a less dovish-than-expected rate cut from RBNZ. While the 50bps reduction to 4.25% had been widely anticipated, RBNZ’s updated forecasts, which suggest a slower pace of easing Read more…