Daily Pivots: (S1) 171.92; (P) 172.92; (R1) 173.53; More… Intraday bias in EUR/JPY remains on the downside as fall from 175.03 is in progress. Sustained break of 55 D EMA (now at 172.24) will argue that whole five-wave rally from 154.77 has also completed. Further fall should then be seen to 169.69 support next. On […]
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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…