The policy of OPEC+ countries to voluntarily reduce oil production was one of the drivers thanks to which the price of WTI oil increased by approximately 40% from its low in June. In such cases, it is appropriate to use the phrase “correction is overdue.” So a decline from the week’s high above USD 92 […]
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Daily Pivots: (S1) 1.1157; (P) 1.1192; (R1) 1.1220; More… Intraday bias in EUR/USD remains neutral for the moment. On the upside, break of 1.1292 resistance will argue that correction from 1.1572 has completed after defending Read more…
Daily Pivots: (S1) 1.3263; (P) 1.3292; (R1) 1.3331; More… Outlook in GBP/USD is unchanged and intraday bias stays neutral. On the upside, decisive break of 1.3433/42 key resistance zone will confirm larger up trend resumption. Read more…
Daily Pivots: (S1) 0.8328; (P) 0.8377; (R1) 0.8409; More…. Intraday bias in USD/CHF stays neutral at this point. On the downside, firm break of 0.8333 resistance turned support will argue that corrective rebound from 0.8038 Read more…