Daily Pivots: (S1) 1.7834; (P) 1.7884; (R1) 1.7915; More… Intraday bias in EUR/AUD remains neutral for the moment. On the downside, sustained break of 38.2% retracement of 1.7245 to 1.8155 at 1.7807 should confirm that whole rise from 1.7245 has completed. Corrective pattern from 1.8554 should then be in its third leg. Further decline should […]
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WTI crude’s rapid fall from near 120 yesterday to around the 85 area suggests that the oil market is beginning to reassess the scale of the supply shock triggered by the Middle East conflict. The Read more…
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Key Highlights Gold started a fresh decline from $5,420 and traded below $5,200. A major bullish trend line is forming with support at $5,040 on the 4-hour chart. WTI Crude Oil surged toward $120 before Read more…