Daily Pivots: (S1) 197.69; (P) 198.45; (R1) 198.99; More… Intraday bias in GBP/JPY remains on the downside as fall from 201.24 short term top is in progress. Decisive break of 197.93 support will argue that whole rise from 184.35 has completed too and target 195.01 support next. On the upside, above 198.99 support turned resistance […]
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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…