Key Highlights WTI Crude Oil prices started a fresh increase above the $73.50 resistance zone. A connecting bullish trend line is forming with support at $75.35 on the 4-hour chart. Gold prices started a consolidation phase above the $2,635 support. The US CPI could increase by 2.9% in Dec 2024 (YoY). WTI Crude Oil Price […]
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Daily Pivots: (S1) 1.0261; (P) 1.0286; (R1) 1.0333; More… EUR/USD’s recovery from 1.0176 extends higher today but stays below 1.0435 resistance. Intraday bias remains neutral while further decline is still expected. On the downside, break Read more…
Dollar extended its near-term pullback in early trading after core inflation data for December came in slightly below expectations, offering a degree of relief to traders and investors. Treasury yields also retreated, with the 10-year Read more…
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