Key Highlights Crude oil prices declined heavily toward $7520 before the bulls appeared. A key bearish trend line is forming with resistance near $78.80 on the 4-hour chart. Gold prices started a fresh increase from the $1,935 support zone. EUR/USD surged above the 1.0720 resistance zone. Crude Oil Price Technical Analysis In the past few […]
The post Crude Oil Price At Risk of More Downsides, Gold Turns Green appeared first on Action Forex.
Key Highlights GBP/USD started a fresh increase from the 1.3450 support zone. A rising channel is forming with resistance at 1.3660 on the 4-hour chart. EUR/USD could regain traction if it clears the 1.1750 resistance. Read more…
New Zealand’s labor market showed tentative signs of stabilization in the first quarter, with the unemployment rate unexpectedly falling from 5.4% to 5.3%, below expectations for no change. Employment rose 0.2% qoq, slightly under the Read more…
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