Key Highlights Russia-Ukraine tension pushed oil price above $100. It broke a major bearish trend line at $90.00 on the monthly chart. EUR/USD is struggling to stay above the 1.1120 support. The US ADP Employment could increase 388K in Feb 2022. Crude Oil Price Technical Analysis In the past few months, crude oil price saw […]
The post Crude Oil Price Clears $100, Why Bulls Are Not Done Yet appeared first on Action Forex.
Markets The PMI’s on Friday again highlighted the divergence in growth and confidence between the US and EMU. The glimmers of hope some optimists saw in the October EMU PMI reading where brutally rejected by Read more…
Daily Pivots: (S1) 192.90; (P) 193.85; (R1) 194.86; More… Intraday bias in GBP/JPY remains on the downside for the moment. Current development suggests that corrective rise from 180.00 has completed with three waves up to Read more…
Daily Pivots: (S1) 159.94; (P) 161.21; (R1) 162.53; More…. Intraday bias in EUR/JPY remains on the downside for the moment. Current development suggests that corrective rebound from 154.40 has completed with three waves up to Read more…