Oil prices rose due to new US sanctions on Russian oil and tankers. The Kremlin warned these sanctions could destabilize global energy markets. Indian ‘sources’ stated it would avoid purchasing Russian oil from sanctioned entities and vessels. Markets are assessing the potential for a supply shock and whether OPEC+ will increase output. Oil prices continued […]
The post Brent Crude – Oil Advances on Russian Sanctions. Will 100-day MA Cap Gains? appeared first on Action Forex.
Daily Pivots: (S1) 190.57; (P) 191.67; (R1) 193.27; More… Intraday bias in GBP/JPY is turned neutral with current recovery. Rebound from 188.07 could have completed at 198.94 already. Risk will stay on the downside as Read more…
Daily Pivots: (S1) 160.28; (P) 161.04; (R1) 162.04; More… Intraday bias in EUR/JPY is turned neutral first with current recovery. Rebound from 156.16 might have completed at 164.89 already. Risk will stay on the downside Read more…
Daily Pivots: (S1) 0.8379; (P) 0.8401; (R1) 0.8417; More… EUR/GBP edges higher today as rebound from 0.8221 extends. Intraday bias stays mildly on the upside for 0.8446 resistance, despite loss of momentum. Firm break there Read more…